Tellurian Inc. (TELL)
After hours:
| Previous close | 0.4334 |
| Open | 0.4350 |
| Bid | 0.4765 x 2200 |
| Ask | 0.4658 x 800 |
| Day's range | 0.4292 - 0.4835 |
| 52-week range | 0.3600 - 1.7600 |
| Volume | |
| Avg. volume | 40,318,969 |
| Market cap | 365.221M |
| Beta (5Y monthly) | 2.38 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
LNG developer Tellurian and institution investor agree new loan repayment terms
Tellurian, the developer of the Driftwood liquefied natural gas (LNG) project, has reached an agreement with an unnamed institutional investor to pledge its interest in the Driftwood project as collateral for the money it owes the investor, according to the company's latest SEC filing. Tellurian had warned investors last fall that continued operating losses and dwindling cash reserves might not last a year given operating and debt costs. The going-concern warning preceded its ouster of Chairman Charif Souki.
- Zacks
Tellurian Inc. (TELL) Loses -51.79% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Tellurian Inc. (TELL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
