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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Tullow Oil

TLW · Ghana Stock Exchange · Consolidated statements

On this page
Company details
Legal name
Tullow Oil plc
Listing
TLW on the Ghana Stock Exchange, active (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · annual report, final status not established · source

Read with these figures

  • Going-concern warning in the FY2024 auditor's report. Material uncertainty related to going concern (Ernst & Young LLP, Statutory Auditor, London, p121); shown with the FY2024 column.
  • FY2025 auditor's opinion. Unmodified opinion, with no 'material uncertainty related to going concern' section (Ernst & Young LLP, Statutory Auditor, London, p89).
  • Annual report not confirmed as final. The published copy is unsigned. The FY2025 figures come from it.
Full wording and sources

  • Auditor's report, year to 2024-12-31: material uncertainty related to going concern

    Material uncertainties related to going concern: We draw attention to note (d) Basis of preparation under Material accounting policies in the financial statements, which indicates that the following events are outside of the control of the Group: implementing a holistic refinancing by the end of June 2025 to cover the expiration of the $250 million Revolving Credit Facility at that date or by May 2026 at the latest, when the $1.3 billion 2026 Notes become due for payment; and obtaining sufficient liquidity to cover the expiration of the $250 million Revolving Credit Facility at the end of June 2025, if a holistic refinancing is not implemented by that date, by extending the maturity of the facility or by either completing the sale of Tullow Oil Gabon SA and receipt of proceeds from the transaction or with alternative bridge financing. As stated in note (d), these events or conditions, along with the other matters as set forth in note 2, indicate that material uncertainties exist that may cast significant doubt on the group and parent company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. (PDF p122)

    Source: Tullow Oil plc Annual Report and Accounts 2024, p121 (dated 2025-03-24)

  • Auditor's opinion, year to 2025-12-31

    “Tullow Oil plc's Group financial statements and Parent Company financial statements (the "financial statements") give a true and fair view of the state of the Group's and of the Parent Company's affairs as at 31 December 2025 and of the Group's profit for the year then ended”. The report has no 'material uncertainty related to going concern' section.

    Source: Tullow Oil plc Annual Report and Accounts 2025, p89 (dated 2026-04-27)

  • Annual report for 2025: final status not established

    The independent auditor's report (opinion PDF p89) closes with 'Steven Dobson (Senior statutory auditor) for and on behalf of Ernst & Young LLP, Statutory Auditor, London, 27 April 2026' in type, with no visible signature (PDF p98, page image). The Group balance sheet is 'Approved by the Board and authorised for issue on 27 April 2026' with the typeset names Ian Perks (Chief Executive Officer) and Richard Miller (Chief Financial Officer), each dated 27 April 2026, and no visible signature (PDF p100, page image).

    Source: Tullow Oil plc Annual Report and Accounts 2025 (dated 2026-04-27)

  • Annual report for 2024: final status not established

    The independent auditor's report (opinion PDF p121) closes with 'Ernst & Young LLP, Statutory Auditor, London, 24 March 2025' in type, with no visible signature and no senior statutory auditor named at the close (PDF p134, page image). The Group balance sheet is 'Approved by the Board and authorised for issue on 24 March 2025' with the typeset names Phuthuma Nhleko (Chair) and Richard Miller (Chief Financial Officer and Interim Chief Executive Officer), each dated 24 March 2025, and no visible signature (PDF p136, page image).

    Source: Tullow Oil plc Annual Report and Accounts 2024 (dated 2025-03-24)

  • Revenue

    USD 847 million

    847 USD millions · p99

    Change not shown.

  • Operating profit / (loss)

    USD 200 million

    199.9 USD millions · p99

    Change not shown.

  • Profit / (loss) for the year

    USD 6.50 million

    6.5 USD millions · p99

    Change not shown.

  • Total assets

    USD 3.28 billion

    3,278.8 USD millions · p100

    Change not shown.

  • Total equity

    −USD 253 million

    (252.9) USD millions · p100

    Change not shown.

  • Cash from operations

    USD 334 million

    334.3 USD millions · p102

    Change not shown.

Large amounts are rounded for reading (USD million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Not shown: the two years come from different filings.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in USD millions unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — annual report, final status not established; reported for the year · source
  • FY2024 — annual report, final status not established; reported for the year · source
    • Auditor's report, year to 2024-12-31: material uncertainty related to going concern. Material uncertainties related to going concern: We draw attention to note (d) Basis of preparation under Material accounting policies in the financial statements, which indicates that the following events are outside of the control of the Group: implementing a holistic refinancing by the end of June 2025 to cover the expiration of the $250 million Revolving Credit Facility at that date or by May 2026 at the latest, when the $1.3 billion 2026 Notes become due for payment; and obtaining sufficient liquidity to cover the expiration of the $250 million Revolving Credit Facility at the end of June 2025, if a holistic refinancing is not implemented by that date, by extending the maturity of the facility or by either completing the sale of Tullow Oil Gabon SA and receipt of proceeds from the transaction or with alternative bridge financing. As stated in note (d), these events or conditions, along with the other matters as set forth in note 2, indicate that material uncertainties exist that may cast significant doubt on the group and parent company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. (PDF p122)
    • Annual report for 2024: final status not established. The independent auditor's report (opinion PDF p121) closes with 'Ernst & Young LLP, Statutory Auditor, London, 24 March 2025' in type, with no visible signature and no senior statutory auditor named at the close (PDF p134, page image). The Group balance sheet is 'Approved by the Board and authorised for issue on 24 March 2025' with the typeset names Phuthuma Nhleko (Chair) and Richard Miller (Chief Financial Officer and Interim Chief Executive Officer), each dated 24 March 2025, and no visible signature (PDF p136, page image).
  • FY2023 — annual report, final status not established; comparative in the FY2024 filing · source
    • Annual report for 2024: final status not established. The independent auditor's report (opinion PDF p121) closes with 'Ernst & Young LLP, Statutory Auditor, London, 24 March 2025' in type, with no visible signature and no senior statutory auditor named at the close (PDF p134, page image). The Group balance sheet is 'Approved by the Board and authorised for issue on 24 March 2025' with the typeset names Phuthuma Nhleko (Chair) and Richard Miller (Chief Financial Officer and Interim Chief Executive Officer), each dated 24 March 2025, and no visible signature (PDF p136, page image).

Income statement

Income statement, USD millions. Columns: FY2025 — annual report (final status not established), as reported for the year; FY2024 — annual report (final status not established), as reported for the year; FY2023 — annual report (final status not established), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportreported for the yearsource limitationsFY2023Annual reportcomparative in FY2024 filingsource limitations
Revenue 847.0 1,534.91 1,634.1
Other operating income – insurance proceeds 4.2 Not reported in this filing32 Not reported in this filing3
Cost of sales (603.9) (780.9)4 (869.2)
Gross profit 247.3 754.05 764.9
Administrative expenses (45.0) (53.2)6 (56.1)
Restructuring costs78 (7.2) (7.1) –9
Expected credit loss reversal/(charge) on trade receivables10 6.6 (6.6) –9
Loss on disposal11 (4.5) Not reported in this filing122 Not reported in this filing12
Exploration costs written off13 (2.1) (212.6)14 (27.0)
Impairment reversal of property, plant and equipment, net1516 4.8 11.8 (408.1)
Provisions reversal17 –9 70.4 22.0
Operating profit 199.9 595.618 295.9
Finance income 63.4 71.519 44.0
Finance costs (326.0) (345.6)20 (329.6)
(Loss)/Profit for the year from continuing operations before tax21 (62.7) 321.522 95.9
Income tax expense (66.5) (266.9)23 (205.5)
Loss for the year from continuing operations24 (129.2) Not reported in this filing2625 Not reported in this filing26
Profit for the year from discontinued operations27 135.7 Not reported in this filing2928 Not reported in this filing29
Profit for the year30 6.5 54.6 (109.6)
G ains/(Losses) arising in the year3132 0.3 (28.5) 20.1
L osses arising in the year – time value3334 (5.8) (21.9) 50.3
R eclassification adjustments for items included in profit on realisation3536 –37 47.5 111.3
R eclassification adjustments for items included in loss on realisation – time value3839 18.8 26.1 27.8
Exchange differences on translation of foreign operations40 (7.7) 2.0 (5.8)
Net other comprehensive income for the year 5.6 25.2 203.7
Total comprehensive income for the year 12.1 79.8 94.1
Other gains41 Not reported in this filing42 –9 0.2
Asset revaluation43 Not reported in this filing44 38.9 –9
Loss on hedging instruments45 Not reported in this filing46 –47 (0.4)
Gain on bond buyback48 Not reported in this filing49 –47 86.0
  1. Printed “–”, read as nil: subtotal_arithmetic: is.operating_profit.
  2. Printed “–”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
  3. Printed “–”, read as nil: subtotal_arithmetic: is.profit_before_tax.
Notes and alternative reported figures (46)
  1. Annual report dated 2026-04-27 prints 1,287.2 (millions, p99) for this line and year.
  2. Annual report dated 2026-04-27 presents this line for this year: – (p99). Not shown in this column, which follows one filing's presentation.
  3. Not reported in this filing: Not reported: the Group income statement, year ended 31 December 2024 (p135), checked on the page image, prints no other operating income line; its lines between Revenue and Operating profit are 'Cost of sales', 'Administrative expenses', 'Restructuring provision', 'Expected credit loss charge on trade receivables', 'Other gains', 'Asset revaluation', 'Exploration costs written off', 'Impairment reversal/(impairment) of property, plant and equipment, net' and 'Provisions reversal'. The 'Other operating income – insurance proceeds' line first appears in the FY2025 statement.
  4. Annual report dated 2026-04-27 prints (652.5) (millions, p99) for this line and year.
  5. Annual report dated 2026-04-27 prints 634.7 (millions, p99) for this line and year.
  6. Annual report dated 2026-04-27 prints (52.2) (millions, p99) for this line and year.
  7. “Restructuring costs” is an issuer-specific line, not mapped to a shared definition: Operating item (note 4).
  8. Printed under different labels across filings: “Restructuring costs”; “Restructuring provision”.
  9. Printed under different labels across filings: “Expected credit loss charge on trade receivables”; “Expected credit loss reversal/(charge) on trade receivables”.
  10. “Loss on disposal” is an issuer-specific line, not mapped to a shared definition: Operating item (note 8).
  11. Not reported in this filing: Not reported: the Group income statement, year ended 31 December 2024 (p135), checked on the page image, prints no 'Loss on disposal' line; the line first appears in the FY2025 statement (p99).
  12. “Exploration costs written off” is an issuer-specific line, not mapped to a shared definition: Operating item (note 9).
  13. Annual report dated 2026-04-27 prints (202.3) (millions, p99) for this line and year.
  14. “Impairment reversal of property, plant and equipment, net” is an issuer-specific line, not mapped to a shared definition: Operating item (note 10).
  15. Printed under different labels across filings: “Impairment reversal of property, plant and equipment, net”; “Impairment reversal/(impairment) of property, plant and equipment, net”.
  16. “Provisions reversal” is an issuer-specific line, not mapped to a shared definition: Operating item (note 4).
  17. Annual report dated 2026-04-27 prints 448.7 (millions, p99) for this line and year.
  18. Annual report dated 2026-04-27 prints 69.2 (millions, p99) for this line and year.
  19. Annual report dated 2026-04-27 prints (344.2) (millions, p99) for this line and year.
  20. Printed under different labels across filings: “(Loss)/Profit for the year from continuing operations before tax”; “Profit before tax”.
  21. Annual report dated 2026-04-27 prints 173.7 (millions, p99) for this line and year.
  22. Annual report dated 2026-04-27 prints (228.7) (millions, p99) for this line and year.
  23. “Loss for the year from continuing operations” is an issuer-specific line, not mapped to a shared definition: Profit after tax from continuing operations.
  24. Annual report dated 2026-04-27 presents this line for this year: (55.0) (p99). Not shown in this column, which follows one filing's presentation.
  25. Not reported in this filing: Not reported: the Group income statement, year ended 31 December 2024 (p135), checked on the page image, has no continuing/discontinued split; it prints 'Profit before tax' and 'Profit/(loss) for the year' (2024 54.6; 2023 (109.6)) only. The continuing-operations loss for 2024 is a restatement shown in the FY2025 document (Gabon presented as discontinued), not in this document.
  26. “Profit for the year from discontinued operations” is an issuer-specific line, not mapped to a shared definition: Discontinued operations (note 8: Gabon).
  27. Annual report dated 2026-04-27 presents this line for this year: 109.6 (p99). Not shown in this column, which follows one filing's presentation.
  28. Not reported in this filing: Not reported: the Group income statement, year ended 31 December 2024 (p135), checked on the page image, has no discontinued-operations line; it prints 'Profit/(loss) for the year' only. The discontinued split appears only in the restated FY2025 comparatives.
  29. Printed under different labels across filings: “Profit for the year”; “Profit/(loss) for the year”.
  30. “G ains/(Losses) arising in the year” is an issuer-specific line, not mapped to a shared definition: OCI, items that may be reclassified (note 18).
  31. Printed under different labels across filings: “(Losses)/gains arising in the year”; “G ains/(Losses) arising in the year”.
  32. “L osses arising in the year – time value” is an issuer-specific line, not mapped to a shared definition: OCI, items that may be reclassified (note 18).
  33. Printed under different labels across filings: “(Losses)/gains arising in the year – time value”; “L osses arising in the year – time value”.
  34. “R eclassification adjustments for items included in profit on realisation” is an issuer-specific line, not mapped to a shared definition: OCI, items that may be reclassified (note 18).
  35. Printed under different labels across filings: “R eclassification adjustments for items included in profit on realisation”; “Reclassification adjustments for items included in profit on realisation”.
  36. “R eclassification adjustments for items included in loss on realisation – time value” is an issuer-specific line, not mapped to a shared definition: OCI, items that may be reclassified (note 18).
  37. Printed under different labels across filings: “R eclassification adjustments for items included in loss on realisation – time value”; “Reclassification adjustments for items included in loss on realisation – time value”.
  38. “Exchange differences on translation of foreign operations” is an issuer-specific line, not mapped to a shared definition: OCI, items that may be reclassified.
  39. “Other gains” is an issuer-specific line, not mapped to a shared definition: Operating item; 2024 printed '–'.
  40. Not reported in this filing: Not reported: the Group income statement, year ended 31 December 2025 (p99), checked on the page image, prints no 'Other gains' line (it appears only in the FY2024 statement, p135). The FY2025 lines are 'Revenue', 'Other operating income – insurance proceeds', 'Cost of sales', 'Administrative expenses', 'Restructuring costs', 'Expected credit loss reversal/(charge) on trade receivables', 'Loss on disposal', 'Exploration costs written off', 'Impairment reversal of property, plant and equipment, net', 'Provisions reversal', 'Finance income', 'Finance costs'.
  41. “Asset revaluation” is an issuer-specific line, not mapped to a shared definition: Operating item (note 14): gain on remeasurement of a previously held interest.
  42. Not reported in this filing: Not reported: the Group income statement, year ended 31 December 2025 (p99), checked on the page image, prints no 'Asset revaluation' line (it appears only in the FY2024 statement, p135). The FY2025 lines are 'Revenue', 'Other operating income – insurance proceeds', 'Cost of sales', 'Administrative expenses', 'Restructuring costs', 'Expected credit loss reversal/(charge) on trade receivables', 'Loss on disposal', 'Exploration costs written off', 'Impairment reversal of property, plant and equipment, net', 'Provisions reversal', 'Finance income', 'Finance costs'.
  43. “Loss on hedging instruments” is an issuer-specific line, not mapped to a shared definition: Below operating profit; 2024 printed '–'.
  44. Not reported in this filing: Not reported: the Group income statement, year ended 31 December 2025 (p99), checked on the page image, prints no 'Loss on hedging instruments' line (it appears only in the FY2024 statement, p135). The FY2025 lines are 'Revenue', 'Other operating income – insurance proceeds', 'Cost of sales', 'Administrative expenses', 'Restructuring costs', 'Expected credit loss reversal/(charge) on trade receivables', 'Loss on disposal', 'Exploration costs written off', 'Impairment reversal of property, plant and equipment, net', 'Provisions reversal', 'Finance income', 'Finance costs'.
  45. “Gain on bond buyback” is an issuer-specific line, not mapped to a shared definition: Below operating profit; 2024 printed '–'.
  46. Not reported in this filing: Not reported: the Group income statement, year ended 31 December 2025 (p99), checked on the page image, prints no 'Gain on bond buyback' line (it appears only in the FY2024 statement, p135). The FY2025 lines are 'Revenue', 'Other operating income – insurance proceeds', 'Cost of sales', 'Administrative expenses', 'Restructuring costs', 'Expected credit loss reversal/(charge) on trade receivables', 'Loss on disposal', 'Exploration costs written off', 'Impairment reversal of property, plant and equipment, net', 'Provisions reversal', 'Finance income', 'Finance costs'.

Balance sheet

Balance sheet, USD millions. Columns: FY2025 — annual report (final status not established), as reported for the year; FY2024 — annual report (final status not established), as reported for the year; FY2023 — annual report (final status not established), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportreported for the yearsource limitationsFY2023Annual reportcomparative in FY2024 filingsource limitations
Goodwill1 –2 44.9 –2
Intangible exploration and evaluation assets3 –2 109.1 287.0
Property, plant and equipment 1,894.3 2,324.1 2,532.8
Other non-current assets4 300.2 340.8 338.6
Deferred tax assets 5.0 8.3 19.6
Non-current assets (unlabelled subtotal) 2,199.5 2,827.2 3,178.0
Inventories 90.1 132.4 107.3
Trade receivables 179.2 137.9 43.5
Other current assets5 472.9 391.9 571.2
Current tax assets 2.9 6.9 3.8
Derivative financial instruments 2.0 0.1 –6
Cash and cash equivalents 332.2 555.1 499.0
Current assets (unlabelled subtotal) 1,079.3 1,224.3 1,280.6
Total assets 3,278.8 4,051.5 4,458.6
Trade and other payables 638.4 736.5 775.0
Borrowings 1,277.9 589.4 100.0
Provisions 5.5 24.3 67.9
Current tax liabilities 140.5 175.3 230.5
Derivative financial instruments 0.6 11.9 35.0
Current liabilities (unlabelled subtotal) 2,062.9 1,537.4 1,226.0
Trade and other payables7 493.0 665.9 783.2
Borrowings 381.0 1,386.4 1,984.6
Provisions8 257.3 321.5 403.7
Deferred tax liabilities 337.5 413.0 420.5
Non-current liabilities (unlabelled subtotal) 1,468.8 2,786.8 3,592.0
Total liabilities 3,531.7 4,324.2 4,818.0
Net liabilities9 (252.9) (272.7) (359.4)
Called-up share capital 218.6 217.5 216.7
Share premium 1,294.7 1,294.7 1,294.7
Foreign currency translation reserve10 (250.1) (242.4) (244.4)
Hedge reserve11 0.4 0.1 (18.9)
Hedge reserve – time value12 0.9 (12.1) (16.3)
Merger reserve13 755.2 755.2 755.2
Retained earnings (2,272.6) (2,285.7) (2,346.4)
Equity attributable to equity holders of the Company (252.9) (272.7) (359.4)
Total equity (252.9) (272.7) (359.4)
Assets classified as held for sale14 Not reported in this filing15 –6 55.8
Liabilities associated with assets classified as held for sale16 Not reported in this filing17 –18 17.6
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “–”, read as nil: subtotal_arithmetic: bs.current_assets.
  3. Printed “–”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (15)
  1. “Goodwill” is an issuer-specific line, not mapped to a shared definition: Non-current assets (note 15).
  2. “Intangible exploration and evaluation assets” is an issuer-specific line, not mapped to a shared definition: Non-current assets (note 9).
  3. “Other non-current assets” is an issuer-specific line, not mapped to a shared definition: Non-current assets (note 11).
  4. “Other current assets” is an issuer-specific line, not mapped to a shared definition: Current assets (note 11).
  5. “Trade and other payables” is an issuer-specific line, not mapped to a shared definition: Non-current liabilities (note 16).
  6. “Provisions” is an issuer-specific line, not mapped to a shared definition: Non-current liabilities (note 20): mainly decommissioning.
  7. “Net liabilities” is an issuer-specific line, not mapped to a shared definition: Total assets less total liabilities, printed as 'Net liabilities' (negative net assets).
  8. “Foreign currency translation reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
  9. “Hedge reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve: effective cash flow hedges.
  10. “Hedge reserve – time value” is an issuer-specific line, not mapped to a shared definition: Equity reserve (note 18).
  11. “Merger reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve: premium on shares issued for acquisitions.
  12. “Assets classified as held for sale” is an issuer-specific line, not mapped to a shared definition: Current assets (note 14); 2024 printed '–'.
  13. Not reported in this filing: Not reported: the Group balance sheet as at 31 December 2025 (p100, text layer) prints no 'Assets classified as held for sale' line in either column; current assets are Inventories, Trade receivables, Other current assets, Current tax assets, Derivative financial instruments and Cash and cash equivalents, and current liabilities are Trade and other payables, Borrowings, Provisions, Current tax liabilities and Derivative financial instruments.
  14. “Liabilities associated with assets classified as held for sale” is an issuer-specific line, not mapped to a shared definition: Current liabilities (note 14); 2024 printed '–'.
  15. Not reported in this filing: Not reported: the Group balance sheet as at 31 December 2025 (p100, text layer) prints no 'Liabilities associated with assets classified as held for sale' line in either column; current assets are Inventories, Trade receivables, Other current assets, Current tax assets, Derivative financial instruments and Cash and cash equivalents, and current liabilities are Trade and other payables, Borrowings, Provisions, Current tax liabilities and Derivative financial instruments.

Cash flow

Cash flow, USD millions. Columns: FY2025 — annual report (final status not established), as reported for the year; FY2024 — annual report (final status not established), as reported for the year; FY2023 — annual report (final status not established), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportreported for the yearsource limitationsFY2023Annual reportcomparative in FY2024 filingsource limitations
Cash generated from operating activities 461.6 1,118.8 1,150.7
Income taxes paid (127.3) (360.3) (274.5)
Net cash from operating activities 334.3 758.5 876.2
Proceeds from disposals, net of transaction costs12 334.2 –3 0.7
Purchase of additional interest in joint operation4 –3 (8.1) –3
Purchase of intangible exploration and evaluation assets5 (7.6) (27.8) (30.2)
Purchase of property, plant and equipment (188.0) (196.7) (262.3)
Interest received 10.9 19.5 23.3
Net cash from/(used in) investing activities6 149.5 (213.1) (268.5)
Debt arrangement fees7 (19.7) –8 (5.0)
Repayment of borrowings (742.5) (100.0) (432.2)
Drawdown of borrowings 420.3 –8 129.7
Payment of obligations under leases9 (142.1) (169.0) (195.0)
Finance costs paid10 (216.2) (223.2) (240.0)
Net cash used in financing activities (700.2) (492.2) (742.5)
Net (decrease)/increase in cash and cash equivalents11 (216.4) 53.2 (134.8)
Cash and cash equivalents at beginning of year 555.1 499.0 636.3
Foreign exchange (loss)/gain12 (6.5) 2.9 (2.5)
Cash and cash equivalents at end of year 332.2 555.1 499.0
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (10)
  1. “Proceeds from disposals, net of transaction costs” is an issuer-specific line, not mapped to a shared definition: Investing activities (note 8).
  2. Printed under different labels across filings: “Proceeds from disposals”; “Proceeds from disposals, net of transaction costs”.
  3. “Purchase of additional interest in joint operation” is an issuer-specific line, not mapped to a shared definition: Investing activities (note 15).
  4. “Purchase of intangible exploration and evaluation assets” is an issuer-specific line, not mapped to a shared definition: Investing activities (note 28).
  5. Printed under different labels across filings: “Net cash from/(used in) investing activities”; “Net cash used in investing activities”.
  6. “Debt arrangement fees” is an issuer-specific line, not mapped to a shared definition: Financing activities.
  7. “Payment of obligations under leases”: mapping to a shared definition is uncertain. Printed 'Payment of obligations under leases'; may include the interest element.
  8. “Finance costs paid” is an issuer-specific line, not mapped to a shared definition: Financing activities: interest and other finance costs paid.
  9. Printed under different labels across filings: “Net (decrease)/increase in cash and cash equivalents”; “Net increase/(decrease) in cash and cash equivalents”.
  10. Printed under different labels across filings: “Foreign exchange (loss)/gain”; “Foreign exchange gain/(loss)”.

Per share and shares

Per share and shares. Columns: FY2025 — annual report (final status not established), as reported for the year; FY2024 — annual report (final status not established), as reported for the year; FY2023 — annual report (final status not established), comparative reported in the annual report for 2024.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportreported for the yearsource limitationsFY2023Annual reportcomparative in FY2024 filingsource limitations
Earnings / (loss) per share (per share)51 0.0042 0.0373 (0.076)4
Profit / (loss) attributable to shareholders (USD millions)6 6.5 54.6 (109.6)
  1. Printed as 0.4 cents; value converted to USD at 100 cents = 1 USD.
  2. Printed as 3.7 cents; value converted to USD at 100 cents = 1 USD.
  3. Printed as (7.6) cents; value converted to USD at 100 cents = 1 USD.
Notes and alternative reported figures (3)
  1. “Basic”: mapping to a shared definition is uncertain. Basic earnings per ordinary share (note 7), printed in US cents ('¢'); diluted is printed separately and differs in 2024 (3.6).
  2. Earnings / (loss) per share: printed as “Basic”.
  3. Profit / (loss) attributable to shareholders: printed as “Owners of the Company”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

No dividend statement or amount collected.

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Tullow Oil plc Annual Report and Accounts 2025

    Year ended 31 December 2025 · Annual report · final status not established

    Audit: Ernst & Young LLP, Statutory Auditor, London, unmodified opinion

    Auditor's sign-off: Steven Dobson (Senior statutory auditor) for and on behalf of Ernst & Young LLP (typeset name)

    Final status: The independent auditor's report (opinion PDF p89) closes with 'Steven Dobson (Senior statutory auditor) for and on behalf of Ernst & Young LLP, Statutory Auditor, London, 27 April 2026' in type, with no visible signature (PDF p98, page image). The Group balance sheet is 'Approved by the Board and authorised for issue on 27 April 2026' with the typeset names Ian Perks (Chief Executive Officer) and Richard Miller (Chief Financial Officer), each dated 27 April 2026, and no visible signature (PDF p100, page image).

    Document date
    27 Apr 2026
    Auditor's report
    27 Apr 2026
    Board approval
    27 Apr 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025
    Basis
    consolidated statements · USD millions (printed “$m”)
    • Profit before tax and income tax cover continuing operations only; the discontinued operation (Gabon) is presented after tax (p99). The cash flow statement covers continuing and discontinued operations together (p102); interest received is presented within investing activities.
    • The 2024 income statement is printed 'Restated1': comparative amounts restated to present Gabon as a discontinued operation (footnote, p99; note 8). Income-statement 2024 values are marked restated; the comprehensive income, balance sheet and cash flow 2024 columns carry no restatement mark.
    • The balance sheet prints liabilities in brackets and closes with 'Net liabilities' ((252.9); 2024: (272.7)) equal to total equity; no total equity and liabilities line is printed (p100). Liability rows are stored positive (sign 'negate').
    • Earnings per ordinary share are printed in US cents ('¢'): basic 0.4 (2024: 3.7), diluted 0.4 (2024: 3.6) (p99); stored in dollars (÷100) with minor_unit 'cents' and the printed figures kept. The loss per share from continuing operations (basic and diluted (8.8); 2024: (3.8)) is not transcribed.
    Technical details
    File
    160 pages, with a text layer
    SHA-256
    3d2f83520b521ed54ccb3d2a05c568dcbfc9baf779cb38a97411bc0c5acbf90c
    Entity as printed
    Tullow Oil plc (the Parent Company) and its subsidiaries (the Group)
    Issuer copy
    retrieved 2026-10-08T20:39:06Z

  • Tullow Oil plc Annual Report and Accounts 2024

    Year ended 31 December 2024 · Annual report · final status not established

    Audit: Ernst & Young LLP, Statutory Auditor, London, unmodified opinion · includes a material-uncertainty paragraph

    Auditor's sign-off: Ernst & Young LLP, Statutory Auditor (typeset firm name)

    Final status: The independent auditor's report (opinion PDF p121) closes with 'Ernst & Young LLP, Statutory Auditor, London, 24 March 2025' in type, with no visible signature and no senior statutory auditor named at the close (PDF p134, page image). The Group balance sheet is 'Approved by the Board and authorised for issue on 24 March 2025' with the typeset names Phuthuma Nhleko (Chair) and Richard Miller (Chief Financial Officer and Interim Chief Executive Officer), each dated 24 March 2025, and no visible signature (PDF p136, page image).

    Document date
    24 Mar 2025
    Auditor's report
    24 Mar 2025
    Board approval
    24 Mar 2025
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2024, FY2023
    Basis
    consolidated statements · USD millions (printed “$m”)
    • The balance sheet prints liabilities in brackets and closes with 'Net liabilities' ((272.7); 2023: (359.4)) equal to total equity; no total equity and liabilities line is printed (p136). Liability rows are stored positive (sign 'negate'). Assets held for sale (2023: 55.8) and the associated liabilities (2023: (17.6)) sit inside the unlabelled current subtotals.
    • The cash flow statement presents interest received within investing activities (p138). The FY2025 report restates these 2024 income-statement figures to present Gabon as a discontinued operation; this document shows the original presentation (no discontinued operation).
    • Earnings per ordinary share are printed in US cents ('¢' column heading): basic 3.7 (2023: (7.6)), diluted 3.6 (2023: (7.6)) (p135); stored in dollars (÷100) with minor_unit 'cents' and the printed figures kept.
    Technical details
    File
    198 pages, with a text layer
    SHA-256
    89a3ca91180a9193fa917060e6e0d0721bdd86b741f0982d7a23df32f2e2e322
    Entity as printed
    Tullow Oil plc (the 'parent company') and its subsidiaries (the 'group')
    Issuer copy
    retrieved 2026-10-08T20:39:08Z

Data notes

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Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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