Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tullow Oil's Enterprise Value is GHS24,375 Mil.
Tullow Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was GHS2,815 Mil. Therefore, Tullow Oil's EV-to-EBIT ratio for today is 8.66.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tullow Oil's Enterprise Value is GHS24,375 Mil.
Tullow Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was GHS7,005 Mil. Therefore, Tullow Oil's EV-to-EBITDA ratio for today is 3.48.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tullow Oil's Enterprise Value is GHS24,375 Mil.
Tullow Oil's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was GHS9,486 Mil. Therefore, Tullow Oil's EV-to-Revenue ratio for today is 2.57.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tullow Oil's Enterprise Value is GHS24,375 Mil.
Tullow Oil's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was GHS1,546 Mil. Therefore, Tullow Oil's EV-to-FCF ratio for today is 15.77.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Tullow Oil (XGHA:TLW) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Tullow Oil's current Enterprise Value is GHS24,375 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tullow Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was GHS2,815 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tullow Oil's current Enterprise Value is GHS24,375 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tullow Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was GHS7,005 Mil.
Tullow Oil's current Enterprise Value is GHS24,375 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tullow Oil's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was GHS9,486 Mil.
Tullow Oil's current Enterprise Value is GHS24,375 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tullow Oil's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was GHS3,725 Mil.
Tullow Oil's current Enterprise Value is GHS24,375 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tullow Oil's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was GHS1,546 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tullow Oil Enterprise Value Related Terms
Tullow Oil Enterprise Value Historical Data
* Premium members only.
The historical data trend for Tullow Oil's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XGHA:TLW vs COP, EOG, FANG: Enterprise Value Comparison
For the Oil & Gas E&P subindustry, Tullow Oil's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tullow Oil Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tullow Oil's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tullow Oil's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Tullow Oil's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of GHS24,375 Mil mean?
Tullow Oil (XGHA:TLW) has a Enterprise Value of GHS24,375 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tullow Oil and its competitors.
Is Tullow Oil's Enterprise Value too high?
Tullow Oil's current Enterprise Value is GHS24,375 Mil. Overall, Tullow Oil has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tullow Oil's Enterprise Value compare to COP and EOG?
Tullow Oil's Enterprise Value of GHS24,375 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tullow Oil and its competitors. Tullow Oil's current Enterprise Value is GHS24,375 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tullow Oil stock overvalued right now?
Based on GuruFocus' analysis, Tullow Oil (XGHA:TLW) is currently considered Modestly Undervalued. The stock's GF Value™ is GHS14.01, compared to a current price of GHS11.92 — trading 14.9% below its estimated fair value. The current Enterprise Value is GHS24,375 Mil. Tullow Oil's overall GF Score™ is 43/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Tullow Oil (XGHA:TLW), the current Enterprise Value is GHS24,375 Mil as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tullow Oil (XGHA:TLW) Overvalued in 2026?
Based on GuruFocus' analysis, Tullow Oil stock appears to be undervalued.
The current stock price of GHS11.92 is trading 14.9% below its estimated GF Value™ of GHS14.01.
GuruFocus considers Tullow Oil to be Modestly Undervalued.
Key valuation signals for XGHA:TLW:
Enterprise Value: GHS24,375 Mil
GF Value™: GHS14.01 vs. price of GHS11.92 (14.9% below fair value)
No single metric tells the full story. See the XGHA:TLW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tullow Oil PLC is an independent oil and gas exploration and production company. The company conducts exploration, appraisal, and development activities in the African and Atlantic regions. The majority of revenue is derived from West African assets, with a focus on offshore fields. Assets used in oil and gas production are acquired through licenses. The company generates revenue from natural gas and crude oil sales. Its reportable segments are: Ghana, which generates key revenue, and the other segment.
43GF Score
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