Tullow Oil cash forecast ups chances of dividend

Prospects of a resumption of dividend payments by Tullow Oil have increased with the Irish-founded exploration company forecasting free cash flow, for this year, at a better-than-expected rate of approximately $700m (€618m).

Tullow Oil cash forecast ups chances of dividend
Fri, 16 Nov, 2018 - 05:20

By Geoff Percival

Prospects of a resumption of dividend payments by Tullow Oil have increased with the Irish-founded exploration company forecasting free cash flow, for this year, at a better-than-expected rate of approximately $700m (€618m).

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