Tullow Oil Director Acquires $344,000 in Senior Notes

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Tullow Oil ( (GB:TLW) ) has provided an announcement.

Tullow Oil announced that Roald Goethe, a Non-Executive Director, has purchased 400,000 of the company’s 10.5% Senior Notes due 2026 at a price of $0.86 per note, totaling $344,000. This transaction reflects a notable managerial engagement in Tullow Oil’s financial instruments, potentially signaling confidence in the company’s future performance and financial stability.

More about Tullow Oil

Tullow Oil plc is an independent oil and gas exploration and production company with a focus on Africa and South America. It is known for its operations in the oil industry, specifically in exploring and producing hydrocarbons.

YTD Price Performance: -48.61%

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Technical Sentiment Consensus Rating: Buy

Current Market Cap: £291.8M

For detailed information about TLW stock, go to TipRanks’ Stock Analysis page.

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