Company Overview

Tullow Oil Plc: A Multinational Energy Exploration Company

Company Overview

Tullow Oil plc is a multinational oil and gas exploration company founded in Tullow, Ireland. With headquarters in London, United Kingdom, Tullow focuses its operations in Africa and South America.

Recent Developments

In 2017, Tullow underwent significant changes. Paul McDade took over as CEO, while founder-CEO Aidan Heavey became Chairman. Under McDade's leadership, the company strengthened its financial position, leading to increased profitability.

Financial Information

For up-to-date financial information, investors can refer to real-time quotes and historical performance charts available online. This data provides insight into the company's stock value and performance over time.

Sustainability

Tullow Oil has faced scrutiny over its environmental impact. The company's exploration-led strategy has come under fire due to concerns about its alignment with global climate goals. As the International Energy Agency emphasizes, achieving a 1.5°C trajectory requires a shift away from new exploration and a focus on renewable energy sources.