3 Years Ago
1 Min Read
TELL down -11%. A look at what's happening:
Tellurian Inc (TELL) is trading -11% lower at $3.99 today. While the Energy sector is having a mildly upbeat day in general, the company is lagging it's peers.
- Today’s $32.93/mmBTU Netback Margin (see chart below) is nearly four times the $8/mmBTU Tellurian has projected
- Previous forecast $4 bn cashflow from Phase 1 and $11 bn cashflow from Phase 2
- Tellurian looks to fund Phase 2 out of cash flow produced by Phase 1
Tellurian Inc has been trading between a 52-week high of $6.54 and a 52-week low of $2.23. The stock has a market cap of $2.27 Billion.
Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Tellurian is developing a portfolio of natural gas production and has nearly 100 drillable locations with an estimated one trillion cubic feet of net resource. It is also developing an LNG trading operation and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline.
Headlines
Tellurian to raise debt capital
Seeking Alpha 08-29-22
Tellurian Stock: Financing Imminent (NYSE:TELL)
Seeking Alpha 08-28-22
Jim Cramer Prefers McDonald''s Over This Stock: ''I Think McDonald''s Is Going To $300''
Benzinga 08-26-22
Tellurian Inc. (AMEX: TELL) Stock Forecast: Bearish Views Expect -13.64 Percent Drop In 2022
Stocks Register 08-22-22
Tellurian Inc. (TELL) Will Continue To Grow In 2022.
Marketing Sentinel 08-16-22
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