See more : Euronav NV (EURN) Income Statement Analysis – Financial Results
Complete financial analysis of Tullow Oil plc (TUWOY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Tullow Oil plc, a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Tullow Oil plc (TUWOY)
About Tullow Oil plc
Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa and South America. As of December 31, 2021, its portfolio comprised 30 licenses in 8 countries with 30 producing wells. The company was founded in 1985 and is headquartered in London, the United Kingdom.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.63B | 1.78B | 1.27B | 1.40B | 1.68B | 1.86B | 1.72B | 1.27B | 1.61B | 2.21B | 2.65B | 2.34B | 2.30B | 1.09B | 941.58M | 1.01B | 1.27B | 1.13B | 766.11M | 432.05M | 231.47M | 181.40M | 111.35M | 11.73M | 13.50M | 10.53M | 8.82M | 10.06M | 8.48M | 5.66M | 5.06M | 1.98M | 1.74M | 1.76M | 2.47M | 3.69M | 485.26K |
| Cost of Revenue | 843.30M | 697.40M | 638.90M | 993.60M | 966.70M | 966.00M | 1.07B | 813.10M | 1.02B | 1.12B | 1.21B | 999.30M | 930.80M | 584.10M | 643.73M | 536.12M | 701.43M | 511.88M | 418.39M | 270.88M | 76.11M | 121.37M | 67.54M | 7.85M | 2.99M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 790.80M | 1.09B | 634.30M | 402.50M | 715.90M | 893.20M | 653.20M | 456.80M | 591.30M | 1.10B | 1.44B | 1.34B | 1.37B | 505.70M | 297.85M | 476.81M | 566.20M | 622.20M | 347.72M | 161.17M | 155.36M | 60.04M | 43.81M | 3.88M | 10.51M | 10.53M | 8.82M | 10.06M | 8.48M | 5.66M | 5.06M | 1.98M | 1.74M | 1.76M | 2.47M | 3.69M | 485.26K |
| Gross Profit Ratio | 48.39% | 60.89% | 49.82% | 28.83% | 42.55% | 48.04% | 37.92% | 35.97% | 36.80% | 49.54% | 54.42% | 57.37% | 59.60% | 46.40% | 31.63% | 47.07% | 44.67% | 54.86% | 45.39% | 37.30% | 67.12% | 33.10% | 39.35% | 33.09% | 77.85% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 44.70M | 30.50M | 35.00M | 46.00M | 60.80M | 52.40M | 43.00M | 57.30M | 110.90M | 104.90M | 218.50M | 191.20M | 122.80M | 89.60M | 61.77M | 51.40M | 62.72M | 44.06M | 23.73M | 22.20M | 4.87M | 5.81M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 44.70M | 30.50M | 35.00M | 46.00M | 60.80M | 52.40M | 43.00M | 57.30M | 110.90M | 104.90M | 218.50M | 191.20M | 122.80M | 89.60M | 61.77M | 51.40M | 62.72M | 44.06M | 23.73M | 22.20M | 4.87M | 5.81M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 450.20M | -4.10M | -58.70M | 0.00 | -4.20M | -167.40M | 1.00M | -114.90M | -185.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.99M | 12.30M | 0.00 | -509.32K | 0.00 | 0.00 | 0.00 | 0.00 | 18.54K | 17.20K | 11.83K | 3.52M | -2.38M | -2.99M | 295.25K | -736.99K | 0.00 |
| Operating Expenses | 494.90M | 47.90M | 64.10M | 86.70M | 68.80M | -96.80M | -68.40M | 26.80M | 187.70M | 192.40M | 218.50M | 191.20M | 89.20M | 85.30M | 66.94M | 24.46M | 35.29M | 44.06M | 23.73M | 22.20M | 76.23M | 13.04M | 5.61M | 1.38M | 21.26M | 48.89M | 13.15M | 7.15M | 6.59M | 3.98M | 3.04M | 10.04M | -308.75K | -1.11M | 2.37M | 1.97M | 485.26K |
| Cost & Expenses | 1.34B | 745.30M | 703.00M | 1.08B | 1.04B | 869.20M | 1.00B | 839.90M | 1.20B | 1.31B | 1.43B | 1.19B | 1.02B | 669.40M | 710.67M | 560.58M | 736.72M | 555.94M | 442.12M | 293.08M | 152.34M | 134.40M | 73.14M | 9.23M | 24.25M | 48.89M | 13.15M | 7.15M | 6.59M | 3.98M | 3.04M | 10.04M | -308.75K | -1.11M | 2.37M | 1.97M | 485.26K |
| Interest Income | 30.10M | 29.60M | 38.80M | 40.60M | 50.00M | 52.70M | 21.00M | 26.40M | 4.20M | 9.60M | 43.70M | 9.60M | 36.60M | 15.10M | 2.10M | 5.71M | 6.14M | 5.94M | 7.51M | 6.63M | 3.60M | 2.27M | 1.99M | 1.46M | 387.59K | 726.74K | 1.45M | 1.12M | 7.73K | 78.17K | 99.11K | 39.43K | 63.62K | 52.08K | 57.77K | 43.25K | 73.07K |
| Interest Expense | 319.50M | 335.20M | 337.00M | 313.50M | 321.60M | 329.30M | 291.80M | 198.20M | 149.00M | 143.20M | 91.60M | 59.00M | 122.90M | 70.10M | 62.90M | 69.12M | 96.53M | 35.25M | 41.64M | 25.80M | 15.59M | 14.57M | 11.20M | 712.45K | 1.17M | 399.82K | 200.03K | 5.14K | 40.18K | 21.89K | 11.83K | 27.30K | 11.23K | 108.02K | 48.14K | 82.89K | 101.17K |
| Depreciation & Amortization | 446.70M | 431.80M | 386.50M | 480.20M | 740.90M | 598.50M | 611.90M | 492.00M | 580.10M | 621.80M | 591.90M | 561.90M | 533.80M | 367.30M | 369.65M | 296.25M | 408.14M | 287.18M | 205.96M | 190.00M | 592.86K | 507.37K | 37.86M | 3.75M | 2.52M | 5.33M | 2.08M | 1.58M | 1.71M | 955.24K | 871.25K | 741.66K | 1.23M | 1.17M | 1.05M | 1.01M | 33.72K |
| EBITDA | 862.10M | 1.20B | 949.90M | -492.00M | -606.50M | 1.17B | 600.90M | -243.20M | -598.00M | -1.30B | 974.40M | 1.73B | 1.69B | 574.80M | 449.13M | 779.80M | 706.84M | 813.96M | 536.34M | 260.17M | 83.33M | 114.66M | 72.33M | 5.65M | -27.46M | -32.30M | 570.32K | 5.60M | 3.63M | 2.73M | 2.47M | 3.25M | -1.07M | -1.74M | 1.41M | 2.08M | -357.86K |
| EBITDA Ratio | 52.76% | 95.50% | 76.52% | 60.28% | 84.78% | 87.84% | 75.23% | 59.79% | 58.15% | 63.37% | 70.18% | 73.59% | 80.49% | 73.66% | 64.00% | 74.47% | 74.56% | 76.83% | 70.16% | 77.68% | 36.00% | 27.44% | 70.11% | 61.38% | -58.10% | -306.59% | 6.47% | 55.71% | 42.78% | 48.27% | 59.40% | -190.34% | 55.93% | 64.58% | 61.01% | 56.47% | -73.75% |
| Operating Income | 295.90M | 733.90M | 514.50M | -1.02B | -1.39B | 528.40M | 22.40M | -754.70M | -1.09B | -1.96B | 380.80M | 1.19B | 1.13B | 261.90M | 153.78M | 438.88M | 374.91M | 514.48M | 341.68M | 108.92M | 56.33M | 48.47M | 32.47M | 957.40K | -30.37M | -38.35M | -2.94M | 2.91M | 1.91M | 1.74M | 1.49M | -1.05M | -261.97K | -30.86K | 454.11K | 1.07M | -391.58K |
| Operating Income Ratio | 18.11% | 41.16% | 40.41% | -72.90% | -82.32% | 28.42% | 1.30% | -59.43% | -68.08% | -88.78% | 14.39% | 50.56% | 49.13% | 24.03% | 16.33% | 43.33% | 29.58% | 45.37% | 44.60% | 25.21% | 24.34% | 26.72% | 29.16% | 8.16% | -224.91% | -364.05% | -33.32% | 28.89% | 22.52% | 30.71% | 29.47% | -53.22% | -15.09% | -1.75% | 18.39% | 29.04% | -80.69% |
| Total Other Income/Expenses | -200.00M | -291.80M | -311.80M | -255.70M | -268.30M | -267.90M | -308.30M | -153.60M | -203.60M | -82.80M | -67.60M | -69.30M | -210.60M | -82.70M | -120.95M | -585.76K | -309.28M | 1.44M | -34.40M | -19.16M | -13.69M | -12.30M | -9.21M | 237.48K | -782.98K | 326.91K | 2.62M | 1.11M | -13.91K | 73.48K | 99.11K | 3.53M | -4.36M | -5.89M | 203.79K | -2.45M | -492.76K |
| Income Before Tax | 95.90M | 442.10M | 202.70M | -1.27B | -1.65B | 260.50M | -299.10M | -908.30M | -1.30B | -2.05B | 313.20M | 1.12B | 1.07B | 179.20M | 32.83M | 438.30M | 226.48M | 515.92M | 307.28M | 89.76M | 42.64M | 36.17M | 23.27M | 1.19M | -31.15M | -38.02M | -317.40K | 4.02M | 1.90M | 1.81M | 1.59M | 2.48M | -2.32M | -3.01M | 304.88K | -729.78K | -492.76K |
| Income Before Tax Ratio | 5.87% | 24.79% | 15.92% | -91.21% | -98.26% | 14.01% | -17.36% | -71.53% | -80.75% | -92.52% | 11.83% | 47.60% | 46.56% | 16.44% | 3.49% | 43.27% | 17.87% | 45.49% | 40.11% | 20.77% | 18.42% | 19.94% | 20.89% | 10.19% | -230.71% | -360.95% | -3.60% | 39.95% | 22.35% | 32.01% | 31.43% | 125.23% | -133.51% | -171.27% | 12.35% | -19.77% | -101.54% |
| Income Tax Expense | 205.50M | 393.00M | 283.40M | -51.90M | 40.70M | 175.10M | -110.60M | -311.00M | -260.40M | -407.50M | 97.10M | 449.70M | 383.90M | 89.70M | 2.91M | 107.05M | 122.18M | 207.47M | 112.61M | 29.65M | 23.14M | 15.56M | 9.74M | 2.50M | 20.01M | -108.19K | 67.78K | 287.70K | 10.82K | 39.09K | 644.93K | -3.45M | 0.24 | 0.01 | 0.22 | -0.34 | 0.92 |
| Net Income | -109.60M | 49.10M | -80.70M | -1.22B | -1.69B | 84.80M | -189.50M | -599.90M | -1.03B | -1.56B | 169.00M | 624.30M | 649.00M | 71.00M | 25.20M | 326.86M | 100.92M | 308.45M | 194.67M | 60.10M | 19.50M | 20.61M | 13.53M | 1.19M | -31.15M | -37.91M | -385.17K | 3.73M | 1.90M | 1.81M | 1.59M | 2.48M | -2.32M | -3.01M | 304.88K | -729.78K | -492.76K |
| Net Income Ratio | -6.71% | 2.75% | -6.34% | -87.49% | -100.68% | 4.56% | -11.00% | -47.24% | -64.41% | -70.30% | 6.38% | 26.63% | 28.17% | 6.51% | 2.68% | 32.27% | 7.96% | 27.20% | 25.41% | 13.91% | 8.43% | 11.36% | 12.15% | 10.19% | -230.71% | -359.92% | -4.37% | 37.08% | 22.35% | 32.01% | 31.43% | 125.23% | -133.51% | -171.27% | 12.35% | -19.77% | -101.54% |
| EPS | -0.04 | 0.02 | -0.03 | -0.43 | -0.60 | 0.03 | -0.07 | -0.25 | -0.48 | -0.73 | 0.08 | 0.29 | 0.31 | 0.03 | 0.01 | 0.19 | 0.06 | 0.20 | 0.13 | 0.05 | 0.02 | 0.02 | 0.02 | 0.00 | -0.06 | -0.07 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS Diluted | -0.04 | 0.02 | -0.03 | -0.43 | -0.60 | 0.03 | -0.07 | -0.25 | -0.47 | -0.72 | 0.08 | 0.29 | 0.31 | 0.03 | 0.01 | 0.19 | 0.06 | 0.20 | 0.13 | 0.05 | 0.02 | 0.02 | 0.02 | 0.00 | -0.05 | -0.07 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 2.89B | 2.87B | 2.84B | 2.82B | 2.80B | 2.78B | 2.57B | 2.43B | 2.14B | 2.14B | 2.13B | 2.13B | 2.10B | 2.07B | 1.87B | 1.70B | 1.68B | 1.53B | 1.52B | 1.25B | 879.32M | 843.85M | 836.71M | 721.85M | 561.28M | 531.32M | 470.67M | 486.68M | 451.12M | 410.74M | 357.44M | 35.49B | 646.29M | 646.29M | 646.29M | 646.29M | 646.29M |
| Weighted Avg Shares Out (Dil) | 2.89B | 2.97B | 2.84B | 2.82B | 2.80B | 2.87B | 2.58B | 2.43B | 2.20B | 2.17B | 2.15B | 2.14B | 2.12B | 2.08B | 1.89B | 1.72B | 1.72B | 1.56B | 1.55B | 1.27B | 884.39M | 855.31M | 853.04M | 736.39M | 568.32M | 531.32M | 470.67M | 486.68M | 451.12M | 410.74M | 357.44M | 35.49B | 647.17M | 647.17M | 647.17M | 647.17M | 647.17M |
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Tullow Oil should issue equity ahead of 2024 debt financing
Tullow Oil PLC's (LSE:TLW) best course of action is to issue equity now given its low cost of equity, according to analysts at Stifel. The broker notes Tullow needs to restructure and/or refinance its current c.US$2.1 billion bond debt maturing between...
Tullow Oil sells Guyana assets to Eco Atlantic
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Source: https://incomestatements.info
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