Tullow Oil (LON:TLW) Shares Climb 9.6% – Should You Buy?

Posted by Francis Steltz on Oct 15th, 2026

Tullow Oil plc (LON:TLW – Get Free Report)’s share price traded up 9.6% during mid-day trading on Tuesday. The company traded as high as GBX 12.66 and last traded at GBX 12.06. Approximately 48,326,043 shares traded hands during trading, an increase of 146% from the average daily volume of 19,654,924 shares. The stock had previously closed at GBX 11.

Analyst Upgrades and Downgrades

TLW has been the topic of a number of analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 7 price objective on shares of Tullow Oil in a report on Thursday, October 1st. Peel Hunt reissued a “buy” rating and issued a GBX 24 price target on shares of Tullow Oil in a report on Wednesday, August 5th. Finally, Canaccord Genuity Group lifted their price target on Tullow Oil from GBX 14 to GBX 15 and gave the company a “hold” rating in a research note on Friday, August 14th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Tullow Oil presently has an average rating of “Hold” and a consensus price target of GBX 12.85.

Get Our Latest Stock Analysis on TLW

Tullow Oil Stock Performance

The company has a current ratio of 0.97, a quick ratio of 0.63 and a debt-to-equity ratio of -543.66. The stock’s 50 day moving average price is GBX 17.80 and its two-hundred day moving average price is GBX 15.28. The firm has a market capitalization of £175.29 million, a PE ratio of -5.26, a PEG ratio of -0.19 and a beta of 0.55.

About Tullow Oil

(Get Free Report)

Tullow is an independent energy company committed to building a better future through the responsible oil and gas development of its core producing assets in Ghana. The Group is quoted on the London and Ghanaian stock exchanges (symbol: TLW).

For further information, please refer to: www.tullowoil.com.