Zacks Investment Research upgraded shares of TULLOW OIL PLC/ADR (OTCMKTS:TUWOY) from a sell rating to a hold rating in a research note issued to investors on Thursday, September 13th.
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 traded up $0.02 during trading hours on Thursday, hitting $1.67. The company had a trading volume of 1,162 shares, compared to its average volume of 14,523. The stock has a market cap of $2.32 billion, a P/E ratio of 18.56 and a beta of 1.38. TULLOW OIL PLC/ADR has a 1 year low of $1.04 and a 1 year high of $1.88.
About TULLOW OIL PLC/ADR
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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