How to buy Tullow Oil (TLW) shares

Learn how to easily invest in Tullow Oil shares.

Tullow Oil plc (TLW) is a leading oil and gas e&p business based in the UK. On 18 January Tullow Oil shares leapt 8.58% to a closing position of 60p. Over the last 12 months, Tullow Oil's share price has risen by an impressive 60.35% from 33.9p. Tullow Oil is listed on the London Stock Exchange (LSE) and employs 730 staff. All prices are listed in pence sterling.

How to buy shares in Tullow Oil

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: TLW in this case.
  5. Research Tullow Oil shares. The platform should provide the latest information available.
  6. Buy your Tullow Oil shares. It's that simple.
The whole process can take as little as 15 minutes.

Fees for buying 200x Tullow Oil shares with popular platforms

Share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
eToro Free Stocks logo £0 $10 £0.00
£108.72 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.77
£110.49 total
Capital at risk
IG Share Dealing logo £0 £250 £8.00
£116.72 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £11.95
£120.67 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £7.99
£116.71 total
Capital at risk
Fineco logo £0 No minimum £0.00
£108.72 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £9.50
£118.22 total
Capital at risk

Full comparison of share dealing platforms

Tullow Oil share price (LSE:TLW)

Use our graph to track the performance of TLW stocks over time.

Is it a good time to buy Tullow Oil stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

eToro Free Stocks

Invest in Tullow Oil shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
  • Create an account today in a few minutes
Capital at risk

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Tullow Oil under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

Tullow Oil's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Tullow Oil shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Tullow Oil's P/E ratio is best considered in relation to those of others within the oil & gas e&p industry or those of similar companies.


Tullow Oil's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping £2.1 billion.

The EBITDA is a measure of a Tullow Oil's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

How has coronavirus impacted Tullow Oil's share price?

Since the stock market crash that started in February 2020, Tullow Oil's share price has had significant positive movement.

Its last market close was 60p, which is 32.38% up on its pre-crash value of 40.57p and 737.05% up on the lowest point reached during the March 2020 crash when the shares fell as low as 7.168p.

If you had bought £1,000 worth of Tullow Oil shares at the start of February 2020, those shares would have been worth £204.18 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £1,224.49.

Tullow Oil shares at a glance

Information last updated 2021-07-09.
Previous close53.18p
Change %2.2189%
Information last updated 2022-01-18.
52-week range22.61p - 66.22p
50-day moving average45.9796p
200-day moving average49.4226p
Wall St. target price0.61p
PE ratio5.656
Dividend yield0p (0%)
Earnings per share (TTM)10p

Do Tullow Oil shares pay dividends?


Forward annual dividend yield: 23.09% of stock value

The latest dividend was paid out to all shareholders who bought their shares by 29 August 2019 (the "ex-dividend date").

Tullow Oil's dividend yield is perhaps best considered in relation to those of similar companies.

Share price volatility

Over the last 12 months, Tullow Oil's shares have ranged in value from as little as 22.61p up to 66.22p. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Tullow Oil's is 2.7382. This would suggest that Tullow Oil's shares are significantly more volatile than the average for this exchange and represent a higher risk.

To put Tullow Oil's beta into context you can compare it against those of similar companies.

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