UK's Tullow Oil slumps on annual production forecast cut
06/08/2025 08:47
** Shares of Tullow Oil TLW.L down 13.8% at 12.34p ** TLW lowers 2025 production forecast to 40,000-45,000 barrels of oil equivalent per day after it sold its Gabonese assets ** Reports H1 loss of $80 mln from continuing operations compared with a profit of $106 mln last year ** Stock up ~6.2% vs FTSE small-cap index's .FTSC ~4.88% rise, YTD (Reporting by Ankita Bora in Bengaluru) ((Ankita.Bora@thomsonreuters.com))
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