(1888PressRelease)
March 12, 2009 - Mira, Portugal – SADIF Investment Analytics SA, today announced the release of a new equity research report covering Tullow Oil Plc (TLW). The report utilizes SADIF's powerful StockMarks™ stock rating system and is required reading for any current or potential Tullow Oil Plc investor.
Report Summary: UK oil and gas exploration company Tullow Oil plc has bucked the trend of the crashing markets over the past three months despite a weak outlook for the oil industry over the next year. Tullow Oil owes the strength in its share price to a string of oil discoveries in Africa. On March 9th the company announced significant oil discoveries off the coast of Ghana, adding to oil finds in Uganda in late 2008. Tullow Oil also announced on 9th March that it has successfully secured a USD 2B debt facility. While the recent news sent shares in Tullow Oil climbing 7.9% in late trading on March 9th, it remains to be seen whether the company's results to be announced on 11th March will justify the more than 60% climb in the shares over the past three months. We should focus on the company's long-term underlying fundamentals to assess whether the company is a good long-term investment. We can analyze the company's fundamentals through the use of the StockMarks framework. Tullow Oil currently has an overall long-term investment rating (Total StockMark or SMT) of 60, rating above the UK market average. This rating places Tullow Oil third among nine of the company's closest peers, selected on the basis of similarity of business and market positioning factors such as size and share comparisons.
The complete report breaks down the Total StockMark into its three components – Business, Management and Price, performing a thorough analysis of Tullow Oil Plc for long-term investors.
A summary of the StockMarks™ ratings for Tullow Oil Plc is available here:
http://sadifanalytics.com/stockmarks/company.php?ticker=TLW&cod_country=110
The report has been distributed to Reuters, and forwarded to Yahoo Finance and FT.com. It is available under 'Analyst Reports' from these websites, from multiple professional platforms including Reuters Knowledge, TheMarkets.com and Thomson Research or directly from SADIF-Investment Analytics SA at:
http://sadifanalytics.com/stockmarks/article/hist_article.php?cod_country=110
About SADIF-Investment Analytics SA:
SADIF-Investment Analytics SA is an independent investment research company covering sixteen different markets and over 12,000 companies. The StockMarks™ system is based on proven investment principles and is designed to drive long-term shareholder returns.
###
