Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Tullow Oil shares surged 24% on strong volume, fueled by optimism over its 2030 net zero goal, despite financial risks and cautious analyst views.

flag Tullow Oil shares jumped 24.2% on Monday, reaching a mid-day high of GBX 6.10 and closing near GBX 6, driven by trading volume 151% above average. flag The rise followed a previous close of GBX 4.83. flag The company, focused on oil and gas in West Africa and Kenya, aims to achieve net zero Scope 1 and 2 emissions by 2030. flag Despite the rally, analysts maintain a cautious outlook with a consensus "Reduce" rating and a price target of GBX 12.85. flag Financial metrics show a negative P/E ratio of -0.45, a debt-to-equity ratio of -1,776.31, and a beta of 2.08, indicating high volatility and complex capital structure.

6 Articles