News stories about Tullow Oil (OTCMKTS:TUWLF) have trended very negative on Monday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tullow Oil earned a media sentiment score of -3.00 on their scale. InfoTrie also assigned headlines about the company an news buzz score of 6 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company’s share price in the next few days.
Shares of OTCMKTS:TUWLF remained flat at $$1.80 during trading on Monday. The stock had a trading volume of 1,457 shares, compared to its average volume of 12,655. Tullow Oil has a 52 week low of $0.50 and a 52 week high of $3.22. The stock has a 50 day simple moving average of $2.25 and a two-hundred day simple moving average of $2.49.
TUWLF has been the topic of a number of recent research reports. Berenberg Bank raised shares of Tullow Oil from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. Peel Hunt started coverage on Tullow Oil in a research note on Wednesday, August 21st. They issued a “buy” rating on the stock. Jefferies Financial Group lowered Tullow Oil from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. Canaccord Genuity downgraded shares of Tullow Oil from a “buy” rating to a “speculative buy” rating in a research report on Thursday, November 14th. Finally, Citigroup lowered shares of Tullow Oil from a “buy” rating to a “neutral” rating in a research note on Friday, November 22nd. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company. Tullow Oil currently has a consensus rating of “Hold”.
About Tullow Oil
Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa and South America. Its portfolio comprises 87 licenses covering 267,649 square kilometers in 17 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.
Recommended Story: Special Dividends
Receive News & Ratings for Tullow Oil Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Tullow Oil and related companies with MarketBeat.com’s FREE daily email newsletter.