Tellurian Closes $260 Million Asset Sale and Retires Senior Secured Debt [Yahoo! Finance]
Tellurian Inc. (TELL)
Last tellurian inc. earnings: 2/24 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.tellurianinc.com
Company Research
Source: Yahoo! Finance
previously reported sale of its integrated upstream assets for $260 million to affiliates of Aethon Energy Management LLC (Aethon), fulfilling a key objective outlined in May and substantially strengthening its balance sheet as it advances the Driftwood liquefied natural gas (LNG) project. The Company utilized proceeds from the sale to retire the $230 million of non-convertible Senior Secured Notes scheduled to mature in 2025. "With the retirement of the senior secured debt, Tellurian is in a much-improved commercial position as we work to advance Driftwood LNG," said Tellurian President Daniel Belhumeur. "As a private equity firm and operator, we are excited to enhance our strategic footprint by integrating Tellurian's upstream and midstream assets into our extensive Haynesville position," said Gordon Huddleston, President and Partner of Aethon Energy. "Our goal is to generate compelling returns while supporting the communities we operate in as we make progress towards providing
Show less
Read more
Impact Snapshot
Event Time:
TELL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TELL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TELL alerts
High impacting Tellurian Inc. news events
Weekly update
A roundup of the hottest topics
TELL
News
- Tellurian Announces Approval of Merger Agreement Proposal [Yahoo! Finance]Yahoo! Finance
- Tellurian Announces Approval of Merger Agreement ProposalBusiness Wire
- Tellurian's Dismissed Founder Souki Builds Woodside Stake After Deal [Yahoo! Finance]Yahoo! Finance
- Woodside CEO Says Higher Winter Gas Prices Show Nervous Market [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Woodside CEO Says Higher Winter Gas Prices Show Nervous Market [BNN Bloomberg (Canada)]BNN Bloomberg
TELL
Earnings
- 5/2/24 - Beat
TELL
Sec Filings
- 10/4/24 - Form 8-K
- 9/30/24 - Form DEFA14A
- 9/27/24 - Form 8-K
- TELL's page on the SEC website