Edition:
United States

Income Statements: Tullow Oil PLC (TLW.L)

TLW.L on London Stock Exchange

202.50GBp
16 Aug 2019
Change (% chg)

4.30 (+2.17%)
Prev Close
198.20
Open
199.00
Day's High
202.50
Day's Low
194.65
Volume
10,237,662
Avg. Vol
5,654,289
52-wk High
273.90
52-wk Low
163.30

Interim Income Statement
View: AnnualInterim

In Millions ofU.S. Dollars
(except for per share items)
2019
2019-06-30
Period Length
6 Months
Revenue 901.6
Other Revenue, Total --
Total Revenue 901.6
Cost of Revenue, Total 375.1
Gross Profit 526.5
Selling/General/Admin. Expenses, Total 42.6
Research & Development --
Depreciation/Amortization 12.5
Interest Expense, Net - Operating --
Interest/Investment Income - Operating --
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) 85.1
Other Operating Expenses, Total (1.3)
Total Operating Expense 514.0
Operating Income 387.6
Interest Expense, Net Non-Operating (149.8)
Interest/Invest Income - Non-Operating 36.5
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets --
Other, Net (5.9)
Net Income Before Taxes 268.4
Provision for Income Taxes 165.2
Net Income After Taxes 103.2
Minority Interest 0.0
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items 103.2
Accounting Change --
Discontinued Operations --
Extraordinary Item --
Tax on Extraordinary Items --
Net Income 103.2
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd 103.2
Income Available to Com Incl ExtraOrd 103.2
Basic Weighted Average Shares 1,399.20
Basic EPS Excluding Extraordinary Items 0.074
Basic EPS Including Extraordinary Items 0.074
Dilution Adjustment (0.4)
Diluted Weighted Average Shares 1,447.80
Diluted EPS Excluding ExtraOrd Items 0.071
Diluted EPS Including ExtraOrd Items 0.071
DPS - Common Stock Primary Issue 0.023
Gross Dividends - Common Stock 33.0
Total Special Items 85.1
Normalized Income Before Taxes 353.5
Effect of Special Items on Income Taxes 29.8
Inc Tax Ex Impact of Sp Items 195.0
Normalized Income After Taxes 158.5
Normalized Inc. Avail to Com. 158.5
Basic Normalized EPS 0.113
Diluted Normalized EPS 0.109

Kenya set for first crude oil exports after striking ChemChina deal

NAIROBI, Aug 15 Kenya is set to export its first crude oil after its government and a group led by explorer Tullow Oil picked trading company ChemChina UK Ltd to buy its first shipments, the Petroleum and Mining Ministry said.