Tullow's Share Rise Hasn't Kept Pace with its Bigger Rivals but that Could Change
Hello Share Collectors. Like all oil producing combos, Tullow Oil (TLW) will do well out of the lofty price of oil. Even if it has just reduced its production aim of 60,000-64,000 barrels of oil a day to 60,000-62,000 barrels. It’s not much of a reduction and, given the sturdy current values for the black stuff, I don’t think the share price has risen as far as it should do, when compared to its larger rivals Shell (SHEL) and BP (BP.).
- By Malcolm Stacey
- 2022-11-21 08:15:55