Tullow Oil (LON:TLW) Shares Down 10.5% – Time to Sell?

Core Viewpoint - Tullow Oil's stock has faced significant downward pressure, with various analysts providing mixed ratings and price targets, indicating a challenging outlook for the company [1][6]. Analyst Ratings - Shore Capital maintains a "buy" rating for Tullow Oil shares as of September 5th [1]. - Panmure Gordon has reduced its price target from GBX 7.80 to GBX 5.40 and assigned a "sell" rating on November 24th [1]. - Jefferies Financial Group lowered its price objective from GBX 12 to GBX 6, giving an "underperform" rating on October 20th [1]. - Overall, one analyst rates the stock as a Buy, one as Hold, and two as Sell, with an average rating of "Reduce" and a price target of GBX 12.85 [1]. Stock Performance - Tullow Oil's stock has a market capitalization of £103.40 million and a PE ratio of -0.50, indicating negative earnings [2][3]. - The company has a current ratio of 0.70 and a quick ratio of 0.63, suggesting liquidity concerns [2][3]. - The debt-to-equity ratio stands at -1,776.31, reflecting a highly leveraged position [2][3]. - The stock's beta is 2.08, indicating higher volatility compared to the market [2][3]. - The 50-day moving average price is GBX 8.83, while the 200-day moving average price is GBX 12.09 [2][3]. Company Overview - Tullow Oil is an independent energy company focused on responsible oil and gas development in Africa, particularly in West Africa, including Ghana, Gabon, and Côte d'Ivoire, as well as resources in Kenya [4]. - The company aims to achieve Net Zero on its Scope 1 and 2 emissions by 2030 and has a strategy for Shared Prosperity to provide socio-economic benefits to host nations [4]. Recent Trading Activity - Tullow Oil shares fell by 10.5% on a recent Friday, trading as low as GBX 6.26 and last at GBX 6.46 [6]. - The trading volume reached 20,382,414 shares, an increase of 88% from the average session volume of 10,860,673 shares [6].