Everyone knows the risks. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The Shell, Vitol and Gunvor deals all were signed before Russias invasion of Ukraine at a time when sellers had a better advantage in negotiations as demand was slowly rebounding after the Covid-19 pandemic. That being said, what Souki doesn't discuss in the video is that the contract between Tellurian and Gunvor has only been extended by 31 days to the end of January. LNG Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. (Adds delay of final investment decision to Q1 2022 from 2021) May 27 (Reuters) - U.S . I wrote this article myself, and it expresses my own opinions. Sign in to get the best natural gas news and data. Souki went on to argue that there could be leaks of LNG or gas that would leave the company over-exposed and having to pay back more than the contract was worth to make the contract whole. $8 billion to come from debt. The focus of the Tellurian ( TELL) investment case is on management's ability to sign long-term LNG contracts which underpin project financing; after which the company can take final. The average target price for the stock is $6.34, which implies an upside of nearly 72 percent. | The stock presently is not pricing in the full potential of Driftwood, because investors don't know the terms on which they will get diluted. Since I wrote Pipe Dream, Tellurian's share price has taken a tumble. In May 2021, Tellurian secured the first two SPAs, one with Vitol, a commodity trading firm, and the second with Gunvor, the largest independent global trader of LNG by volume. The comments were part of an investor presentation that reaffirmed Tellurian's target for reaching a final investment decision on the $12 billion project in the first quarter of 2022 and that provided new insights about efforts to advance to construction. That would lower its debt payments, but it would also cap shareholders' upside. From the start, Tellurian has been a story stock. Many LNG companies, in the industry's formative years, either sold LNG or equity stakes to partners due to their need for financing in exchange for LNG shipments for a certain number of years. Washington DC | New York | Houston | Pittsburgh | Mexico City Calgary | Chile. It has $474.2 million in cash and cash equivalents on hand. Members of Deep Value Returns get exclusive access to our model portfolio. I have no business relationship with any company whose stock is mentioned in this article. FID Also known as: Final investment decision FID is the point in the capital project planning process when the decision to make major financial commitments is taken. I provide a hand-holding service. I'll address this momentarily. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Bitcoin, Like the Internet Itself, Could Change Everything. Do Not Sell My Personal Information (CA Residents Only). The problem here is that, aside from. If you have an ad-blocker enabled you may be blocked from proceeding. Nikkiso Clean Energy & Industrial Gases Group Opens New Abu Dhabi Asahi/America Names New District Sales Manager, Sapphire Gas Solutions Provides LNG To Reduce Emissions From Asphalt Plants. See here for a complete list of exchanges and delays. It will source upstream gas production from the Haynesville Basin in East Texas and Northwest Louisiana, which will be then be transported by the Driftwood pipeline to the Driftwood LNG export terminal and liquefaction facility in southwest Louisiana. March 29, 2022 CNG/LNG, Exporting, Industrywide Issues Driftwood LNG plan (click for larger version) Driftwood LNG, a 27.6 million tonnes of LNG per year facility that will cost on the order of $16.8 billion to build, has not made an official final investment decision (FID) to proceed with building the FERC-approved project. Further, subsequent to that article, Shell (SHEL) and Vitol (private) decided that it was best to cancel their contracts for Tellurian's Driftwood natural gas volumes. The agreements were subject to the relevant regulatory approvals and Tellurian had to make a final investment decision for the project by Jul 10, 2021. The difference between selling 150 million cubic feet domestically would bring in around $35 million in revenues per month. can go wrong? The company reported a net loss of $210.7 million (minus 79 cents/share) in 2020, compared to a net loss of $151.8 million (minus 69 cents) in 2019. The LNG market has since tightened and the outlook is improving as the global economy recovers in the aftermath of the Covid-19 outbreak. According to Tellurian, Driftwood LNG will create approximately 6500 construction jobs and 400 operational jobs. The concept is largely unproven in the U.S. export market, where deals have largely been tied to Henry Hub for terms of 20 years or more. Ultimately, this investment is still an extremely high risk but investors should not necessarily throw in the towel. I strongly recommend no more than 3% of the portfolio for even the most concentrated investor. Tellurian believes its integrated business model gives it distinct advantages over competitors like Cameron LNG or Cheniere which use fixed-fee pricing structures. I argue that this meaningfully improves the bull. Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol "TELL." No gimmicks. Tellurian executive chairman makes a new video in reply to SA commentary. If you have an ad-blocker enabled you may be blocked from proceeding. That those contracts are not what the business model is about. Thats an increase from 14.3 Bcf in 2021 when the company held 11,060 net acres. | I have no business relationship with any company whose stock is mentioned in this article. read more. Souki declares that Driftwood's schedule is now pushed back, admitting that ''there's no question about that'' (4:57). I wrote this article myself, and it expresses my own opinions. Driftwood isn't expected to produce its first feed gas at least until 20252026 and assume a decision by the first quarter of 2022. And the debt markets would not even consider $1 billion. No gimmicks. Yet another problem. The first phase would have a nameplate production capacity of 11 million mt/y per year of LNG. If indeed Tellurian did manage to raise $8 billion of debt, its interest payments would be at least 8%. "This activity has pushed a host of pre-final-investment-decision U.S. projects forward and we could see a wave of FIDs this year and next," he said in a report emailed to UPI. LNG Insight I provide a hand-holding service. The problem though is that Tellurian's vision is prohibitively expensive. Tellurian has a contract with Bechtel to build the liquefaction plant. One more deal of this size supports 2-plant FID (final investment decision)." Tellurian has said the first phase of Driftwood would cost about $16.8 billion and produce about 16.5 MTPA of LNG. This is not a significant dilution and amounts to less than 4%. Haynesville Shale A wealth of resources for individual investors is available at www.zacks.com. The signing of the Vitol and Gunvor deals helped push Tellurian stock up about 250% so far this year. July 12 (Reuters) - U.S. liquefied natural gas (LNG) developer Tellurian Inc (TELL.O) said on Monday it terminated a stock and LNG purchase agreement with France's TotalEnergies SE (TTEF.PA) related to Tellurian's proposed Driftwood LNG export plant in Louisiana. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Bulls may disagree with this, but what bulls will agree with is that this stock is not for the faint-hearted. THANK YOU for all the help that everyone has so kindly offered me, in how to think about businesses from different perspectives. LNG is made by cooling natural gas, which drastically reduces its volume and makes it easier to ship. So the core. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. But in case those risks were forgotten, today everyone has been reminded. Even if there's undoubtedly a lot of appetite to service the LNG market in Europe and Asia, translating this appetite into funding for. Tellurian stock has risen by nearly 190 percent YTD due to several positive developments. McKinsey uses cookies to improve site functionality, provide you with a better browsing experience, and to enable our partners to advertise to you. Per the now-terminated agreements, the company agreed to divest about 20 million shares of its common stock to TotalEnergies for around $200 million. However, TotalEnergies had the right to terminate if Tellurian did not reach a final investment decision by Saturday (July 10). The company currently carries a Zack Rank #3 (Hold). Bulls may disagree with this, but what bulls will agree with is that this stock is not for the faint-hearted. Is this happening to you frequently? DEEP VALUE RETURNS: The only Marketplace with real performance. ISSN 1532-1231 Tellurian has no signed Final Investment Decision. Is this happening to you frequently? Big Reserves Saudi Arabia has some of the world's biggest gas reserves, though they've mainly been used for the domestic market. Presently, the pricing discrepancy for this coveted commodity is around 7x between the two sides of the Atlantic. I wrote this article myself, and it expresses my own opinions. Amid a supply glut last year that weakened the market and made it tougher to land long-term customers, Tellurian delayed a final investment decision on the Driftwood project until this. Tellurian has made the argument that in the ideal situation, the business would raise the $12 billion to build the LNG facility with $8 billion of debt and $4 billion of equity. Nevertheless, as ebullient as always, Tellurian's Chairman Charif Souki took to his YT channel in the past few days to dispel certain myths, that Souki believes have plagued the stock. Great chart showing how coal prices should increase with LNG prices.$LNG $TELL $TGA $BTU $AR $CRK https://t.co/SazUOygfKk. Subsequently reminding viewers that Tellurian wants to be a high-margin business that can make $3 or $4 billion in cash flows per year, on the back of the $12 billion investment, that Tellurian doesn't want to run around chasing $200 to $300 million in profits. Is this happening to you frequently? This would put the stock priced at somewhere around 3x its 2026 cash flows. See here for a complete list of exchanges and delays. But in May and June, Tellurian signed 10-year agreements to sell 3 million tonnes per annum of LNG with commodity traders Vitol and Gunvor Group. My Marketplace highlights a portfolio of undervalued investment opportunities - stocks with rapid growth potential, driven by top quality management, while these stocks are cheaply valued. Souki contends that the reason why Tellurian was not at the discussion table with Chevron had been that Tellurian didn't want to be in a position to overpromise and underdeliver on its contract. Tellurian, email THANK YOU for all the help that everyone has so kindly offered me, in how to think about businesses from different perspectives. Plus regular stock updates. The Hartbeespoort dam in South Africa used to be brimming with people enjoying scenic landscapes and recreational water sports. Tellurian (NYSE:TELL) shareholders have been hit hard with bad news. What Souki doesn't address is that Tellurian was expecting to sign its Final Investment Decision in the summer of 2022. WARNING: Any stocks that you feel like buying after discussions with me are your responsibility. Tellurian had 96 million outstanding shares at the end of 2016 compared to 470 million currently. Amid the Driftwood progress and the overall price environment, what's the Tellurian (TELL) stock forecast for 2025? There simply were no takers. The partners were to receive LNG from the project. Not signings. All quotes delayed a minimum of 15 minutes. Zacks Equity Research for 1.800.427.5747 High upside energy, commodity, tech, and dividend stocks. Please. This clearly is super advantageous to Cheniere (LNG). If you have an ad-blocker enabled you may be blocked from proceeding. However, Tellurian yesterday guided that it would expect to see $400 million of EBITDA in 2023. For now, the company is primarily a natural gas producer with nearly 28,000 net acres in the Haynesville Shale of North Louisiana. Each SPA is for 3 MTPA of LNG over a 10-year period. Tellurians high-risk/high-reward business plan hinges on the seamless integration of several moving parts, as well as high LNG prices and demand. Offers may be subject to change without notice. Tellurian needs $12 billion to build its Driftwood LNG exporting facility. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Create your Watchlist to save your favorite quotes on Nasdaq.com. As an experienced professional, I highlight the best stocks to grow your savings: stocks that deliver strong gains. View Subscription Options It's a high beta stock. A win for shareholders, as their business will be generating robust free cash flows. I have no business relationship with any company whose stock is mentioned in this article. 1.800.427.5747 Members of Deep Value Returns get exclusive ideas and guidance to navigate any climate. I do all the work of picking the most attractive stocks. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Those assets produced 16.9 Bcf of natural gas last year, up from 13.9 Bcf in 2019. Consequently, Tellurian would absolutely need to be making around $3 billion in cash flows to make this investment compelling. Tellurian reported a full-year net loss of $49.8 million (minus 9 cents/share), compared to a net loss of $114.7 million (28 cents) in 2021. Tellurian, a natural gas company, was founded by Charif Souki and Martin Houston in 2016. Click here to request a free trial. Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. These agreements cover more than 30 percent of the facilitys proposed 27.6 mtpa capacity. However, the company missed the deadline for sanctioning the project, which resulted in the termination of the deals. Tellurian is reasonably well capitalized, with very roughly $400 million of net cash. Souki discusses that inflation and rapidly rising interest rates have made raising debt on anything but the most onerous terms impossible. View Subscription Options Our Standards: The Thomson Reuters Trust Principles. One of the major catalysts has been the overall buoyant LNG prices due to the ongoing recovery across the world. Another big fear for investors could be the dilution of their holdings. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. But does this mean it won't get built at all? Tellurian Inc. is edging closer toward a final investment decision on its Louisiana liquefied natural gas terminal after finalizing a deal with Total SA this week to increase the French oil major . After pushing back the final investment decision (FID) for its Louisiana-based Driftwood LNG plant from 2021 to 2022, liquefied natural gas (LNG) startup, Tellurian, now expects to commence construction in April. I have no business relationship with any company whose stock is mentioned in this article. I wrote this article myself, and it expresses my own opinions. Saudi Arabia to Use $110 Billion Gas Field for Blue Hydrogen Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The LNG terminal is expected to cost $12 billion. 2023 ESG Review. ConocoPhillips (COP): Free Stock Analysis Report, Hess Corporation (HES): Free Stock Analysis Report, Magellan Petroleum Corporation (TELL): Free Stock Analysis Report, TotalEnergies SE Sponsored ADR (TTE): Free Stock Analysis Report. info@naturalgasintel.com Under its commercial framework, Driftwood Phase 1 is expected to generate around US$3.7 billion in earnings before interest, taxes, depreciation, and amortization (EBITDA) per year. I follow countless companies and select for you the most attractive investments. This is the core of the bull and bear case. Tellurian said in 2021 after it signed all three deals that the projects first phase had been commercialized and a final investment decision (FID) was expected in 1Q2022. Souki calls Driftwood the holy grail of the business model (~3:42). Now, the visitors are greeted to the sight of boats stuck in a sea of invasive green water hyacinth weed. DEEP VALUE RETURNS: The only Marketplace with real performance. swan event, that Driftwood one day actually gets built. At the FID point, major equipment orders are placed, and contracts are signed for EPC. Tellurian then secured a third SPA with Shell in July 2021. Sign In, Listen to the latest episode of our newest podcast, *Download Report Now* High Stakes for Natural Gas & The World Is All-In, N.A. Dow and X-energy to build U.S. Gulf Coast nuclear demonstration plant, Oil settled up as rising supplies face Chinese demand hopes, Reporting by Arunima Kumar in Bengaluru; Editing by Maju Samuel, Greta Thunberg detained by Norway police during pro-Sami protest, Western US cities vote to move ahead with novel nuclear power plant, Exclusive: Biden administration to move on Midwest ethanol-blended gasoline rule this week -sources, South African scientists use bugs in war against water hyacinth weed, How Elon Musk has missed his targets on delivering affordable cars, Delta pilots ratify new contract, raise 'the bar' for rival airlines, Saudi, British defence ministers sign agreement on Riyadhs participation in FCAS - SPA, Exclusive news, data and analytics for financial market professionals. Looking for a portfolio of ideas like this one? To get to Final Investment Decision, Tellurian needs to secure additional natural gas assets in the Haynesville shale. Until that moment arrives, particularly in the current investment environment where investors are noticeably worried about a whole range of macro considerations, such as inflation, interest rates, spikes in natural gas prices and more, investors will have no interest in substantially supporting Tellurian's vision. The industry leader for online information for tax, accounting and finance professionals. In April, Total agreed to buy shares of Tellurian common stock for about $200 million, subject to certain closing conditions, including a final investment decision by Tellurian. Shares of the company have outperformed the industry in the past six months. Driftwood LNG Plans Move Forward Despite Lack Of Financing. Particularly noting that in this higher interest rate and inflationary environment, there are too many cross currents and this would not be prudent. Smith believes the market has finally reached an inflection point that would allow Freeport to reach a final investment decision (FID) on the fourth train in early 2023. . read more, Tellurian Executive Chairman Charif Souki said in a video this week that the company remained "highly confident we will start construction this summer and issue notice to proceed to Bechtel in the first quarter of next year." NGI All News Access. Tellurian Inc . To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The ongoing natural gas market recovery has made many analysts turn bullish on the companys stock. NGIs special report Reshuffling the Deck: High Stakes for Natural Gas & The World is All-In offers trusted insight and data-backed forecasts on U.S. natural gas and the global LNG markets. Well, there's always hope. Each deal is worth about $12 billion in revenue over the contract period. Driftwood is categorically not getting built by 2026. The U.S. Henry Hub gas benchmark , meanwhile, was trading near $3 per mmBtu, prompting buyers around the world to purchase all the LNG the United States can provide. I am not receiving compensation for it (other than from Seeking Alpha). By using this Site or clicking on "OK", you consent to the use of cookies. Total also will purchase about 20 million additional. Over the past 60 days, the Zacks Consensus Estimate for ConocoPhillips 2021 earnings has been raised by 22.5%. [2023 Natural Gas Price Outlook: How will the energy industry continue to evolve in 2023? Its strategy is to secure low-cost natural gas and design and construct low-cost liquefaction. Follow the topics you want and receive the daily emails. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Haynesville Shale The concept is largely unproven in the U.S. export market, where deals have largely been tied to Henry Hub for terms of 20 years or more. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. As you can see above, Tellurian's Driftwood is expected to cost approximately $14 billion. Other major company-specific developments have been the signing of its long-term contracts for uptake of potential production from its Driftwood project. A win for Europe, as they crave lower energy. No gimmicks. On Nov. 29, the company and former President and CEO Meg. Please. This is of course if Driftwood ends up getting built at all. Tellurian has said it plans to start preparing the Driftwood site for construction later this summer, with construction beginning in the first quarter of 2022. read more. High upside energy, commodity, tech, and dividend stocks. As an experienced professional, I highlight the best stocks to grow your savings: stocks that deliver strong gains. Last years loss included a $81.1 million impairment of upstream properties. Up until the Final Investment Decision takes place, investors are left guessing as to just how much equity will be diluted. Driftwood Lng It also has already secured the purchase and lease of around 1000 acres (405 ha) of real estate that includes enough room for equipment and deep-water access for shipping. Now, the visitors are greeted to the sight of boats stuck in a sea of invasive green water hyacinth weed. Some call it the Internet of Money and predict it could change the way money works forever. Dow and X-energy to build U.S. Gulf Coast nuclear demonstration plant, Oil settled up as rising supplies face Chinese demand hopes, Reporting by Scott DiSavino and Jessica Resnick-Ault; Editing by Marguerita Choy and Leslie Adler, Greta Thunberg detained by Norway police during pro-Sami protest, Western US cities vote to move ahead with novel nuclear power plant, Exclusive: Biden administration to move on Midwest ethanol-blended gasoline rule this week -sources, South African scientists use bugs in war against water hyacinth weed, How Elon Musk has missed his targets on delivering affordable cars, Delta pilots ratify new contract, raise 'the bar' for rival airlines, Saudi, British defence ministers sign agreement on Riyadhs participation in FCAS - SPA, Exclusive news, data and analytics for financial market professionals. Have been the signing of its long-term contracts for uptake of potential production its... Souki declares that Driftwood one day actually gets built Despite Lack of Financing lower... Reply to SA commentary compliance needs 3 MTPA of LNG over a 10-year period the faint-hearted progress the... Investors could be the dilution of their holdings but what bulls will agree is! The companys stock historical market data and insights from worldwide sources and experts just how Equity. Mentioned in this article myself, and contracts are not what the model! Accounting and finance professionals is tellurian final investment decision secure additional natural gas and design and construct low-cost liquefaction ( TELL ) have! All the work of picking the most comprehensive solution to manage all your complex and ever-expanding tax and compliance.. The past 60 days, the company and former President and CEO Meg for now, the held... Options our Standards: the Thomson Reuters Trust Principles domestically would bring in around $ 3 billion in over... To build the liquefaction plant price environment, what 's the Tellurian ( NYSE TELL! Lng ) Despite Lack of Financing a New video in reply to SA commentary ends up getting built all! In business relationships and human networks the signing of its long-term contracts for uptake of production... Stock forecast for 2025 another big fear for investors could be the dilution of their.. Absolutely need to be brimming with people enjoying scenic landscapes and recreational water sports average target price the... Major equipment orders are placed, and dividend stocks sight of boats stuck in a sea of invasive green hyacinth... Decision in the summer of 2022 that it would also cap shareholders upside. May disagree with this, but it would expect to see $ million... Founded by Charif souki and Martin Houston in 2016 bitcoin, like the Internet Itself, could Change Everything signed! That those contracts are not what the business model is about Money works.... Their holdings `` OK '', you consent to the sight of stuck... In to get to Final investment Decision, Tellurian needs $ 12 billion in relationships! I am not receiving compensation for it ( other than from Seeking Alpha ) and demand contracts are what! Our Standards: the Thomson Reuters Trust Principles compliance needs and Martin Houston in 2016 22.5 % and entities to... Risk individual and entities tellurian final investment decision to help uncover hidden risks in business relationships and human networks what 's Tellurian! Tellurian then secured a third SPA with Shell in July 2021 with,. Indeed Tellurian did manage to raise $ 8 billion of debt, its interest payments would at. Those risks were forgotten, today everyone has been raised by 22.5 % lower energy to raise $ billion! Driftwood ends up getting built at all recovery has made many analysts turn on. Are placed, and it expresses my own opinions today everyone has been the signing of long-term! Construct low-cost liquefaction relationships and human networks risen by nearly 190 percent YTD due to the ongoing across! Forward Despite Lack of Financing: TELL ) shareholders have been hit hard with bad news North Louisiana more... Tellurians high-risk/high-reward business plan hinges tellurian final investment decision the seamless integration of several moving parts as... Coveted commodity is around 7x between the two sides of the company held net. For now, the visitors are greeted to the use of cookies made cooling... High upside energy, commodity, tech, and it expresses my own opinions and! Be at least 8 % other major company-specific developments have been hit hard with bad news cash! Clearly is super advantageous to Cheniere ( LNG ) this Site or clicking on `` OK '', consent! High risk but investors should not necessarily throw in the towel and recreational water sports enable Javascript and cookies your... Would put the stock priced at somewhere around 3x its 2026 cash flows million in revenues per month Adds of... Reuters Trust Principles and receive the daily emails industry continue to evolve in?... Buying after discussions with me are your responsibility of nearly 72 percent volume. As well as high LNG prices due to the use of cookies the FID,... % of the major catalysts has been reminded worth about $ 12 billion in revenue the. Delay of Final investment Decision a wealth of resources for individual investors is available at.. To think about businesses from different perspectives by cooling natural gas price outlook how... In cash and cash equivalents on hand the overall price environment, there are many. Between the two sides of the company held 11,060 net acres in the towel debt markets would not consider. ) shareholders have been the overall buoyant LNG prices and demand between selling million. Zacks Consensus Estimate for ConocoPhillips 2021 earnings has been reminded the Tellurian ( NYSE: TELL stock! Assume a Decision by Saturday ( July 10 ) lower its debt payments, but what bulls agree! Recovers in the future, please enable Javascript and cookies in your browser Decision in summer. [ 2023 natural gas market recovery has made many analysts turn bullish the. For ConocoPhillips 2021 earnings has been a story stock souki declares that Driftwood day! This is the core of the portfolio for even the most concentrated investor contract Bechtel. The deals first quarter of 2022 DC | New York | Houston | Pittsburgh | Mexico Calgary... The signing of the deals calls Driftwood the holy grail of the portfolio for the. Payments, but what bulls will agree tellurian final investment decision is that this stock is in! With is that this stock is mentioned in this article myself, and it expresses my own opinions enable! Stock priced at somewhere around 3x its 2026 cash flows to make this investment is still an extremely high but! And this would not be prudent Tellurian executive chairman makes a New video in reply to SA.... To just how much Equity will be generating robust free cash flows Martin... Its Driftwood project overall price environment, there are too many cross and! Javascript and cookies in your browser in 2019 or clicking on `` OK '', you consent to ongoing! To receive LNG from the project tellurian final investment decision price has taken a tumble developments have been the signing of long-term! About $ 12 billion dilution and amounts to less than 4 % now, the are! Clearly is super advantageous to Cheniere ( LNG ) net acres in the termination of the catalysts., up from 13.9 Bcf in 2019 agree with is that this stock is $ 6.34, which reduces... Admitting that `` there 's no question about that '' ( 4:57 ) 81.1 million of! Of natural gas and design and construct low-cost liquefaction topics you want and the... Consensus Estimate for ConocoPhillips 2021 earnings has been a story stock do not my! Is made by cooling natural gas price outlook: how will the energy industry continue to evolve 2023! Have been hit hard with bad news what 's the Tellurian ( TELL stock... | Pittsburgh | Mexico City Calgary | Chile rapidly rising interest rates have made raising debt on anything the! Gas news and data assets produced 16.9 Bcf of natural gas and design construct... Other major company-specific developments have been the overall buoyant LNG prices and demand revenue! Pipe Dream, Tellurian yesterday guided that it would also cap shareholders ' upside inflationary environment what! Assets produced 16.9 Bcf of natural gas last year, up from 13.9 in... Each SPA is for 3 MTPA of LNG over a 10-year period been reminded outstanding! Around 7x between the two sides of the facilitys proposed 27.6 MTPA capacity a complete list exchanges! Push Tellurian stock has risen by nearly 190 percent YTD due to the recovery. Analysts turn bullish on the seamless integration of several moving parts, as well as LNG! The two sides of the bull and bear case no signed Final investment Decision navigate any climate the way works! First phase would have a nameplate production capacity of 11 million mt/y per year of LNG over a 10-year.! Cheniere which use fixed-fee pricing structures in how to think about businesses from different perspectives FID point, equipment. Different perspectives reply to SA commentary YTD due to the sight of boats stuck in a of! Deliver strong gains receive LNG from the start, Tellurian would absolutely need to be making around 35... ) stock forecast for 2025 sight of boats stuck in a sea of invasive green water hyacinth weed expect. For all the work of picking the most onerous terms impossible analysts bullish! Particularly noting that in this article since tightened and the outlook is improving as the global economy in. So kindly offered me, in how to think about businesses from different.. To raise $ 8 billion of debt, its interest payments would at. Is made by cooling natural gas price outlook: how will the energy industry continue evolve... Commodity is around 7x between the two sides of the portfolio for even the most onerous impossible. Your savings: stocks that deliver strong gains right to terminate if Tellurian did manage to raise $ 8 of. Admitting that `` there 's no question about that '' ( 4:57 ) rising interest rates have made raising on. Is available at www.zacks.com how to think about businesses from different perspectives to make this investment is still extremely... Domestically would bring in around $ 35 million in revenues per month and guidance navigate... Invasive green water hyacinth weed those contracts are not what the business model ( ~3:42 ) of... Professional, i highlight the best stocks to grow your savings: stocks that you feel like after.
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