Free cash flow

Tullow Bags $1.3bn

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Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, has bagged a full-year revenue of $1.3billion for the year ended 31 December 2016. 2016 FULL-YEAR RESULTS SUMMARY • Revenue of $1.3 billion; post tax loss of $0.6 billion after write-offs and impairments. Operating cash flow of $0.8 billion. • Year-end 2016 … Read more

AngloGold’s Cash Flow Soars To $161m

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AngloGold Ashanti has announced a significant jump in third-quarter free cash flow to $161m, further improving its net debt position despite a decline in ore grades at some of its operations and a challenging operating environment for its South African business. Free cash flow was $161m, before the $30m once-off cost incurred for the early … Read more