Tullow Oil’s Value Plunges

Tullow Oil’s Value Plunges

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses a company's current financial situation, highlighting a price target of 65 pence per share, which sets a ceiling on potential share price recovery. Despite a recent 70% drop, market speculation about a potential buyer exists, but the valuation remains high. The company faces future challenges, needing either an increase in oil prices or a new commercial asset to meet its 2022 financial obligations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current price target set for the company's shares?

50 pence per share

65 pence per share

80 pence per share

75 pence per share

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop in share prices last week?

80%

50%

60%

70%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was the speculation about finding a buyer dismissed?

The market is too volatile

There are no interested buyers

The shares are still too expensive

The company is not for sale

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change does the company need to avoid future trouble?

Decrease in production costs

Reduction in workforce

Increase in oil prices

Expansion into new markets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what year does the company need to address its financial obligations?

2020

2021

2022

2023