TELL Stock Recent News

Natural gas prices were on the rise Monday. Seasonal demand and geopolitical turmoil have been driving record volumes of natural gas to LNG export plants in the U.S. Tellurian stock is still too speculative a way to play the commodity.

Tellurian said on Friday chairman and co-founder Charif Souki will no longer serve as an executive or officer of the liquefied natural gas (LNG) company's board or hold any managerial responsibilities.

Tellurian (TELL) stock price has been in a freefall, leading to over $2.6 billion in losses to long-term investors. The shares peaked at $11.8 in February 2019 and has now plunged to $0.56.

Penny stocks can offer traders massive profits through their sheer price volatility. With prices below $5 per share, these tiny companies allow you to snap up many shares.

Tellurian faces a high risk of bankruptcy, in my opinion, due to its flagging liquidity, liabilities, and loss-making upstream operations. The company's cash and equivalents have fallen by 90% over the past year, reaching their lowest level since the first quarter of its fiscal 2021. Tellurian recorded a fiscal 2023 third-quarter GAAP net loss of $65.4 million and a free cash burn of $86 million, indicating a cash runway of less than 2 full quarters.

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.

Tellurian released its third-quarter earnings this morning, missing expectations. However, its upstream natural gas results don't matter very much.

Penny stocks are the wild west of the stock market. Fast-paced, unpredictable, and laden with potential treasures.

Tellurian is a development stage LNG and natural gas producer aiming to sell low-cost US natural gas in the international market. The company's integrated business model allows it to capture the spread between cheap US natural gas and international prices, providing higher profitability. The energy transition and increasing recognition of natural gas as a transition fuel create a growing demand for LNG production, which facilities like Driftwood can fill.

Martin Houston, vice chairman at Tellurian, discusses his outlook and strategy for business, and his expectations for global LNG supply and demand. He speaks with Bloomberg's Shery Ahn and Paul Allen on "Bloomberg Daybreak: Asia" on the sidelines of Singapore International Energy Week.