TULLOW OIL PLC/ADR (TUWOY) Stock Rating Lowered by Zacks Investment Research
TULLOW OIL PLC/ADR (OTCMKTS:TUWOY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Thursday.
According to Zacks, “Tullow Oil plc operates as an independent oil and gas exploration and production company in Europe. Tullow has a large portfolio of exploration and production assets with a focus on balanced long-term growth. Tullow Oil plc is headquartered in London, the United Kingdom. “
OTCMKTS:TUWOY opened at $1.35 on Thursday. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 15.00 and a beta of 1.42. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.59 and a current ratio of 1.72. TULLOW OIL PLC/ADR has a 12-month low of $0.98 and a 12-month high of $1.88.
Tullow Oil plc engages in the oil and gas exploration, development, and production activities. Its portfolio comprises approximately 90 licenses covering 263,820 square kilometers in 16 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.
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