Streetbeat News

TELL

Tellurian Inc.

https://www.tellurianinc.com

Industry

Oil & Gas Exploration & Production

Tellurian Inc. engages in the natural gas business worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) marketing, and infrastructure assets that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline. It owns interests in 11,060 net acres of natural gas assets and 78 producing wells located in the Haynesville Shale trend of northern Louisiana. The company was founded in 2016 and is headquartered in Houston, Texas.

Open

1.00

Mkt cap

893M

Volume

72M

High

1.00

P/E Ratio

-4.34

52-wk high

1.05

Low

1.00

Div yield

N/A

52-wk low

0.36

Tellurian Inc. has announced its intention to delist from the NYSE and redeem its 8.25% Senior Notes due 2028 following its merger with Woodside Energy. This move is part of the merger agreement where Tellurian becomes a wholly owned subsidiary of Woodside Energy.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:37 pm

Tellurian Inc. stockholders have approved a merger agreement proposal, as announced by the company. This decision was made during a special meeting of stockholders, following the filing of a proxy statement with the SEC.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:10 pm

Tellurian's (NYSE:TELL) short interest has fallen by 9.9%, with 96.91 million shares sold short, representing 11.38% of its float. This decrease in short interest could indicate a shift in market sentiment towards a more bullish outlook.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:00 pm

Woodside Energy Group Limited (NYSE:WDS) is acquiring OCI Global’s Clean Ammonia project in Beaumont, Texas, for $2.35 billion. The project aims to produce lower-carbon ammonia, with Phase 1 expected to start in 2025 and Phase 2 in 2026. The acquisition is expected to be accretive to free cash flow starting in 2026 and to earnings per share from 2027. WDS shares are down 3.90% premarket.

Portfolio Pulse from Lekha Gupta

August 05, 2024 | 9:45 am

U.S. stocks traded higher with the NASDAQ Composite gaining around 300 points. The S&P 500 rose by 1.09%, and the Dow increased by 0.19%. Information technology shares jumped by 1.7%, while energy shares fell by 0.2%. Verizon shares fell 6% after missing sales estimates. MIRA Pharmaceuticals shares surged 368% on positive preclinical study results. Tellurian shares rose 66% on acquisition news. Serve Robotics shares increased 33% after Nvidia disclosed a stake. CrowdStrike shares dropped 14% due to downgrades and a major outage. Ryanair shares fell 16% on lower profits. Savers Value Village shares declined 15% following a downgrade.