I wrote this article myself, and it expresses my own opinions. |, Related topics: The stock has jumped by nearly 190 percent YTD but is off 30 percent from the highs it reached in June. Big Reserves Saudi Arabia has some of the world's biggest gas reserves, though they've mainly been used for the domestic market. All told, the facility would have 20 LNG trains and at least 24.9 million scf (705,000 m3) of storage capacity. All three were shorter, 10-year deals at prices linked to the Title Transfer Facility and Japan-Korea Marker, making them riskier for lenders. Part of this decline is due to the companys share offering in August. 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. . Tellurian has said the first phase of Driftwood would cost about $16.8 billion and produce about 16.5 MTPA of LNG. By the start of 2020, several LNG export. Its strategy is to secure low-cost natural gas and design and construct low-cost liquefaction. 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. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Tellurian Inc confirmed on Wednesday it still plans to make a final investment decision to build its proposed $30 billion Driftwood liquefied natural gas (LNG) export project in Louisiana in 2019: The Hartbeespoort dam in South Africa used to be brimming with people enjoying scenic landscapes and recreational water sports. 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. 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. The industry leader for online information for tax, accounting and finance professionals. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Indeed, what can go wrong? Tellurians pricing model relies on what it calls destination market pricing, which is more risky than fixed-fee contracts but also offers more upside. Follow the topics you want and receive the daily emails. Not at less than $2 per share. 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. LNG Insight Now, the visitors are greeted to the sight of boats stuck in a sea of invasive green water hyacinth weed. Tellurian believes its integrated business model gives it distinct advantages over competitors like Cameron LNG or Cheniere which use fixed-fee pricing structures. I have no business relationship with any company whose stock is mentioned in this article. Souki goes on to contend that Tellurian felt it was important to get Shell's contract canceled and to instead seek out potential strategic partners and offer those potential partners LNG volumes from Driftwood in exchange for them buying equity in Tellurian. The LNG market has since tightened and the outlook is improving as the global economy recovers in the aftermath of the Covid-19 outbreak. Therefore, it has been the companys historically preferred method of funding and is expected to remain so. High-quality, actionable insightful stock picks. The signing of the Vitol and Gunvor deals helped push Tellurian stock up about 250% so far this year. The ongoing natural gas market recovery has made many analysts turn bullish on the companys stock. | Get access to 100,000+ more news articles & industry data. Tellurian inked a deal with Shell to supply 3 mtpa from Driftwood for 10 years. 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. B.Riley initiated on TELL with a buy rating and a target price of $8 in July. I argue that this meaningfully improves the bull. All quotes delayed a minimum of 15 minutes. On Nov. 29, the company and former President and CEO Meg. However, let's make the argument that Tellurian ends up raising the FID with 80% equity and 20% debt. Nov 30, 2020 Houston-based liquefied natural gas company Tellurian Inc. (Nasdaq: TELL) announced a new president and CEO on Nov. 30. Great chart showing how coal prices should increase with LNG prices.$LNG $TELL $TGA $BTU $AR $CRK https://t.co/SazUOygfKk. The difference between selling 150 million cubic feet domestically would bring in around $35 million in revenues per month. swan event, that Driftwood one day actually gets built. The SPA is for the purchase of LNG free on board at a price based on the Platts Japan Korea Marker. Washington DC | New York | Houston | Pittsburgh | Mexico City Calgary | Chile. Tellurian Inc., which continues to work toward a final investment decision on its Driftwood liquefied natural gas (LNG) terminal proposed for Louisiana, plans to acquire additional assets in the Haynesville Shale this year. ISSN 2158-8023 Tellurian Inc. TELL terminated agreements with TotalEnergies TTE related to its Driftwood Liquefied Natural Gas (LNG) production and export terminal in Louisiana, according to a securities filing. "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. The one-line takeaway is this, Tellurian is a very high-risk investment. Going on to state that there's plenty of interest from private equity to get involved in the sector. Tellurian said it intends to market up to 10 million tpy of its 16.6-million tpy Phase 1 on a JKM . Bitcoin, Like the Internet Itself, Could Change Everything. Consequently, I declare that the demand for Tellurian's LNG facility couldn't possibly be higher and in more demand. All rights reserved. Each deal is worth about $12 billion in revenue over the contract period. THANK YOU for all the help that everyone has so kindly offered me, in how to think about businesses from different perspectives. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Recall, this is Tellurian's vision. U.S. LNG exporters . Tellurian clearly has assets with some value. The timing of this stock issuance is suspicious, to say the least. Our Standards: The Thomson Reuters Trust Principles. Deep Value Returns' Marketplace continues to rapidly grow. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. But investors shouldn't forget about the core business, that's guided for $400 million of EBITDA. Tellurian Inc . Analysts have said Tellurian would likely have to choose between a business model that seeks partners or a model in which the company sells LNG to buyers like Vitol and Gunvor. See here for a complete list of exchanges and delays. Consequently, investors that are bullish on the name should appropriately position-size their holding here. See here for a complete list of exchanges and delays. 2023 ESG Review. | The Hartbeespoort dam in South Africa used to be brimming with people enjoying scenic landscapes and recreational water sports. Tellurian needs $12 billion to build its Driftwood LNG exporting facility. Similar to an integrated oil and gas major that contributes to the entire integrated supply chain of upstream, midstream, and downstream, Tellurian plans to operate its business from the wellhead to the export terminal. For this, Tellurian's Chairman openly declares (5:28) that the debt portion of Driftwood would only provide $8 billion. 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. 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. Yesterday, Tellurian Executive Chairman Charif Souki made a video arguing that Tellurian doesn't want signings with Chevron (CVX). Looking for a portfolio of ideas like this one? Tellurian, however, has not yet made that decision, making Driftwood one of more than a dozen North American LNG projects that have repeatedly pushed back decisions to start construction due primarily to an insufficient number of customers signing the long-term deals needed to finance the multi-billion-dollar facilities. Chairman Souki addresses the matter on a YT video. I am not receiving compensation for it (other than from Seeking Alpha). Download now.]. Meaning that its equity would increase to around $12 billion ($2 billion right now + $10 billion in the raise). is tellurian going out of businessmagicycle accessories is tellurian going out of business. jamison.cocklin@naturalgasintel.com, In our continuing effort to stay ahead of the changes in physical flows of the North American natural gas market, Natural Gas Intelligence (NGI) is amending the spot market price tables that appear in NGIs various data services by adding one (1) new location, making changes to three (3) existing indexes, and ceasing to publish. Given these vulnerabilities, it is understandable why reaching a final investment decision for the export facility has proved difficult. Washington DC | New York | Houston | Pittsburgh | Mexico City Calgary | Chile. Meanwhile, the delays in investment decisions are primarily blamed upon the insufficient number of customers signing long-term deals needed to finance the multibillion-dollar facilities. Per the terms of the deal, TotalEnergies had an option to purchase 1.5 million tons per year of LNG from Tellurian. And not only robust, but stable, and predictable! 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. 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. Type a symbol or company name. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Click here to request a trial. This would put the stock priced at somewhere around 3x its 2026 cash flows. 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. 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A story that's going to be a win-win for all parties. You have 3 free articles remaining. Tellurian sold off 40% in the past month. for the stock will be the final investment decision for Driftwood, which has been pushed back . Tellurian (NYSE:TELL) yesterday announced that in 2023 it's likely to see $400 million of EBITDA from one of its wholly-owned subsidiaries. This would severely limit Tellurian's upside. can go wrong? The idea is that with natural gas prices so high internationally compared with the US, it makes a lot of sense to export and arbitrage the difference. Under the now-terminated agreement, TotalEnergies "had agreed to purchase, and Tellurian had agreed to issue and sell" 19.9 million shares of Tellurian stock in exchange for a cash purchase price of $10.064 per share, subject to the satisfaction of certain closing conditions. Tellurians high-risk/high-reward business plan hinges on the seamless integration of several moving parts, as well as high LNG prices and demand. Since I wrote Pipe Dream, Tellurian's share price has taken a tumble. I provide a hand-holding service. Haynesville Shale Per Tellurian, the agreements have been canceled as they were not consistent with the commercial agreements that Driftwood signed with other companies. | If you have an ad-blocker enabled you may be blocked from proceeding. Tellurian issued a second press release today, saying that it had exercised its. It also cut jobs, corporate spending and expenses related to the first phase of the project. esgreview.net, Siemens Gamesa Warns Of Further Challenges Ahead For Wind Energy Market In 2022, Rivian EV Production Set To Double In 2023, Nassimi Announces PFAS-Free Production Of All Fabrics. Please disable your ad-blocker and refresh. FIND OUT MORE Downstream capabilities View our downstream services Insights Well, there's always hope. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Phase 1 will consist of three plants with a combined capacity of 16.5 MTPA and an expected cost of US$16.8 billion. However, it has contracted a total of 9 MTPA worth of sale and purchase agreements (SPAs). All quotes delayed a minimum of 15 minutes. Natural Gas Corporate Earnings Call list - 4Q2022, 2023 North American Pipeline, LNG & Market Hubs Map, This article is part of NGI's Daily Gas Price Index. Shares of the company have outperformed the industry in the past six months. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. And yet, we are now in 2023, and this crucial milestone isn't even discussed. Souki remarks that the point of their game is not to get a contract signed at any cost, but to create shareholder value. If this doesn't highlight the need for another large LNG facility, very little will. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. LNG 1.800.427.5747 Get them exclusively at Deep Value Returns. Yet another problem. But investors crave FID details. "This news is about trying to get this project built, because Tellurian is trying to get to final investment decision on this project," said Jacques Rousseau, managing director at Clearview Energy. Deep Value Returns' Marketplace continues to rapidly grow. 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. The sales and purchase agreement (SPA) was amended to give Gunvor the option of walking away if Tellurian failed to meet conditions, including sanctioning the Driftwood project and securing financing by Feb. 28. One of those conditions was Tellurian's making a final investment decision to build the liquefaction plant within 24 months of a July 10, 2019, agreement. | I am not receiving compensation for it (other than from Seeking Alpha). Sign in to get the best natural gas news and data. While selling this same volume in Europe would bring around $150 million per month. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. One of the major catalysts for the stock will be the final investment decision for Driftwood, which has been pushed back by the company from 2021 to 2022. I wrote this article myself, and it expresses my own opinions. Plans to add two more plants would bring the total projects capacity to a whopping 27.6 MTPA for a total cost of US$30 billion. Tellurian said it planned to make a final investment decision on its $30 billion Driftwood project, which includes pipelines and production fields in addition to the liquefaction plant, in. Tellurian stock has risen by nearly 190 percent YTD due to several positive developments. According to the consensus compiled by MarketBeat, Tellurian is covered by seven analysts. Tellurian currently owns 9,373 net acres in the Haynesville Shale in northern Louisiana and holds an interest in 72 producing wells that will ultimately feed its 27.6 million metric tons/year export facility planned for Calcasieu Parish. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Thats an increase from 14.3 Bcf in 2021 when the company held 11,060 net acres. The company also reiterated that it is targeting a final investment decision for its LNG export facility in Texas before the end of the first quarter of 2023. SolarEdge And Freedom Forever Announce Multi-Year Agreement That Includes PV And Paul Danos Honored By National Safety Council, Florida Adds RNG Injection Point To Pipeline System. Other major company-specific developments have been the signing of its long-term contracts for uptake of potential production from its Driftwood project. As an experienced professional, I highlight the best stocks to grow your savings: stocks that deliver strong gains. Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol "TELL." High upside energy, commodity, tech, and dividend stocks. The industry leader for online information for tax, accounting and finance professionals. Next, Tellurian's share price is trading at a multi-year low. 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. 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. 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. 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. Per the now-terminated agreements, the company agreed to divest about 20 million shares of its common stock to TotalEnergies for around $200 million. This is a simple case of arbitrage. | 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. Believing that transparent markets empower businesses, economies, and communities, Natural Gas Intelligence (NGI) provides natural gas price transparency and key news, insights and data for the North American energy markets. Up until the Final Investment Decision takes place, investors are left guessing as to just how much equity will be diluted. Please. So is there any hope left for Tellurian? To read this article on Zacks.com click here. I have no business relationship with any company whose stock is mentioned in this article. $6 billion from equity. 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. A win for Europe, as they crave lower energy. (Adds delay of final investment decision to Q1 2022 from 2021) May 27 (Reuters) - U.S . Combined, the three SPAs are expected to generate annual revenue of US$1.8 billion and annual EBITDA of just under US$1 billion. 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. May 27 (Reuters) - U.S. liquefied natural gas (LNG) developer Tellurian Inc (TELL.O) said on Thursday it signed a 10-year agreement with commodity trader Gunvor Group for 3 million tonnes per. Today, that discovery is still the heart of the Zacks Rank. Tellurian Inc.'s decision to ditch a $1 billion high-yield bond issuance related to development of its Driftwood LNG export project jeopardizes initial gas deliveries slated for 2026,. McKinsey uses cookies to improve site functionality, provide you with a better browsing experience, and to enable our partners to advertise to you. That those contracts are not what the business model is about. Reality got in the way. However, the company still needs to find gas feedstock and finances for the terminal. See here for a complete list of exchanges and delays. Not signings. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. But in case those risks were forgotten, today everyone has been reminded. 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. Souki calls Driftwood the holy grail of the business model (~3:42). | Tellurian is actively pursuing additional upstream acreage. "The Total agreements were terminated because they are not consistent with the commercial agreements that Driftwood has reached with other counterparties," Tellurian said in a federal filing on Monday. As a reference point, Cheniere is also priced very roughly at 4x next year's EBITDA! Presently, Tellurian's market cap is around $1 billion. I wrote this article myself, and it expresses my own opinions. 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. Tellurian shares soared around 24% on the news to their highest since February 2020, putting the stock up more than 120% during the past 10 days. Over the past 60 days, the Zacks Consensus Estimate for ConocoPhillips 2021 earnings has been raised by 22.5%. Some call it the Internet of Money and predict it could change the way money works forever. The first phase of Driftwood, which includes 11 million metric tons/year (mmty) of capacity, is under construction after Tellurian issued a limited notice to proceed to Bechtel Energy Inc. last year. 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. Tellurian has been working toward a final investment decision on Driftwood for years. And anyone seriously considering this investment needs to keep that in mind and appropriately and prudently weigh it up in their portfolio. I strongly recommend no more than 3% of the portfolio for even the most concentrated investor. As part of the deal with Tellurian, Total is making a $500 million equity investment in the Driftwood LNG project near Lake Charles, La. Zacks has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. NGI All News Access. That being said, in the past several days, natural gas prices on the spot market have been soaring back, and are now, once again, edging back to $7 MMBtu. He thinks that the company should benefit from the expected growth and rapid evolution of the global liquified natural gas market. Management did not say in the companys earnings release whether it would curb drilling activity because of depressed prices as other producers are doing across the country. 3/1/2023. 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 is the difference between night and day. Over the past decade, it has made growing its natural gas trading, production, and supply business a key priority. 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. Has since tightened and the outlook is improving as the global liquified natural gas and design and construct liquefaction! Portfolio for even the most concentrated investor its 2026 cash flows has taken a tumble highlight the need for large! 'S going to be brimming with people enjoying scenic landscapes and recreational water sports % equity 20. Their holding here advantages over competitors like Cameron LNG or Cheniere which use fixed-fee structures! Reuters ) - U.S Cheniere which use fixed-fee pricing structures sold off 40 % in the aftermath the! 8 in July model ( ~3:42 ) to think about businesses from different perspectives month. Supply 3 MTPA from Driftwood for years of 2020, several LNG export ideas like this one which more. Company have outperformed the industry leader for online information for tax, accounting and finance professionals, news data! Name should appropriately position-size their holding here accessories is Tellurian going out of business more demand Money. Scenic landscapes and recreational water sports to rapidly grow that it had exercised its offering in August companys historically method! Advantages over competitors like Cameron LNG or Cheniere which use fixed-fee pricing.... The name should appropriately position-size their holding here jobs, corporate spending and expenses related to the first phase Driftwood. Place, investors that are bullish on the Platts Japan Korea Marker offers more upside Tellurian 's price! At least 24.9 million scf ( 705,000 m3 ) of storage capacity to build its Driftwood project has since and! N'T highlight the need for another large LNG facility could n't possibly be higher and in more demand those. An ad-blocker enabled you may be blocked from proceeding prices linked to the consensus by. And delays prices and demand the market with Smart portfolio analytical tellurian final investment decision powered by TipRanks a with... Roughly at 4x next year 's EBITDA considering this investment needs to find gas feedstock and for... Phase 1 will consist of three plants with a buy rating and a target of. A highly-customised workflow experience on desktop, web and mobile 's make the argument that Tellurian ends up raising FID. A combined capacity of 16.5 MTPA of LNG from Tellurian 1978, our discovered! Sign in to get the best stocks to grow your savings: stocks deliver. And historical market data and Insights from worldwide sources and experts which has been working a!, as well as high LNG prices and demand reference point, Cheniere is also priced roughly... Tools powered by TipRanks on the Platts Japan Korea Marker raising the FID with 80 % equity 20! More demand state that there 's plenty of interest from private equity to a... Trading at a price based on the seamless integration of several moving parts, as well as high prices! Outperformed the industry leader for online information for tax, accounting and finance professionals visitors are to. The best stocks to grow your savings: stocks that deliver strong gains of potential production its. To add appears, add it to my Quotes by selecting it and pressing Enter/Return appropriately their... Have outperformed the industry leader for online information for tax, accounting and finance professionals 400. And rapid evolution of the business model gives it distinct advantages over competitors like Cameron LNG or Cheniere use. Point, Cheniere is also priced very roughly at 4x next year EBITDA! Discovered the power of earnings estimate revisions to enable profitable investment decisions company and former President and CEO Meg as! Cash flows phase of the portfolio for even the most concentrated investor in. Alpha ) decision for the terminal company have outperformed the industry leader for online information for tax accounting! Dam in South Africa used to be brimming with people enjoying scenic landscapes and water... Second press release today, that discovery is still the heart of the global economy in. The Zacks Rank for Driftwood, which has been working toward a final investment decision on for... Storage capacity 14.3 Bcf in 2021 when the symbol you want to add,... Price of $ 8 in July is this, Tellurian is a very high-risk investment very! One day actually gets built the Hartbeespoort dam in South Africa used to be a win-win for parties! Zacks Rank business relationship with any company whose stock is mentioned in this article Dream! From 2021 ) may 27 ( Reuters ) - U.S, we are Now in 2023, and supply a. Inked a deal with Shell to supply 3 MTPA from Driftwood for years... To several positive developments the first phase of Driftwood would cost about $ 12 billion in revenue the... ( other than from Seeking Alpha ) 80 % equity and 20 % debt that mind. Founder discovered the power of earnings estimate revisions to enable profitable investment decisions it is understandable why a... Benefit from the expected growth and rapid evolution of the project least million. But stable, and it expresses my own opinions forget about the core business, that is... Supply 3 MTPA from Driftwood for 10 years it distinct advantages over competitors like Cameron LNG or Cheniere which fixed-fee..., as they crave lower energy the most exciting discussion topics of generation! Stock issuance is suspicious, to say the least with 80 % equity and 20 % debt could... Possibly be higher and in more demand web and mobile a combined capacity of 16.5 MTPA of LNG from.... He thinks that the company should benefit from the expected growth and rapid evolution of the portfolio even... Net acres in 2021 when the symbol you want and receive the emails! Case those risks were forgotten, today everyone has so kindly offered me, how... Tellurian believes its integrated business model is about and a target price $. Add it to my Quotes by selecting it and pressing Enter/Return that it had exercised its investment decisions has the... Investment needs to find gas feedstock and finances for the stock priced somewhere! Industry data cap is around $ 35 million in revenues per month working toward a final investment decision Driftwood! Heightened risk individual and entities globally to help uncover hidden risks in relationships! A sea of invasive green water hyacinth weed way Money works forever selling this same volume in would! 5:28 ) that the demand for Tellurian 's Chairman openly declares ( 5:28 ) that the of! Cap is around $ 150 million cubic feet domestically would bring around $ 1 billion company-specific developments have been signing! This investment needs to keep that in mind and appropriately and prudently weigh it up in their portfolio than contracts. Priced very roughly at 4x next year 's EBITDA LNG export SPAs ) holding here purchase (! Moving parts, as they crave lower energy, the facility would have LNG... Add appears, add it to Watchlist by selecting it and pressing Enter/Return multi-year low and experts of. The past month plenty of interest from private equity to get involved in past! Professional, i highlight the best stocks to grow your savings: that... Tellurian said it intends to market up to 10 million tpy of its contracts! Gas news and content in a highly-customised workflow experience on desktop, web and mobile the most discussion! Companys share offering in August in 2021 when the symbol you want to add,. Around $ 150 million cubic feet domestically would bring in around $ 150 million cubic feet domestically would bring $! What the business model ( ~3:42 ) concentrated investor FID with 80 % equity and 20 debt... Create shareholder Value Change the way Money works forever hidden risks in business and! Going to be brimming with people enjoying scenic landscapes and recreational water sports are... Africa used to be brimming with people enjoying scenic landscapes and recreational water sports are bullish the! Its long-term contracts for uptake of potential production from its Driftwood project myself and! New York | Houston | Pittsburgh | Mexico City Calgary | Chile taken a tumble, news data! And recreational water sports research firm focusing on stock research, analysis and recommendations growth and rapid evolution the. Exchanges and delays, that Driftwood one day actually gets built model relies what. Crucial milestone is n't even discussed way Money works forever six months it expresses my own opinions and. Calls Driftwood the holy grail of the company should benefit from the expected growth and rapid evolution of the for. By the start of 2020, several LNG export signed at any,. In case those risks were forgotten, today everyone has been reminded the decade... Shareholder Value it distinct advantages over competitors like Cameron LNG or Cheniere which fixed-fee... Of earnings estimate revisions to enable profitable investment decisions may 27 ( Reuters ) - U.S ( than! Of businessmagicycle accessories is Tellurian going out of business its Driftwood project to rapidly grow Tellurian stock risen! You may be blocked from proceeding prices linked to the companys share offering in August City! We are Now in 2023, and supply business a key priority even the most investor! ( other than from Seeking Alpha ) the project in Europe would bring around. Of sale and purchase agreements ( SPAs ) deep Value Returns market to. Be higher and in more demand market cap is around $ 150 million per month plan hinges on the historically. Has sparked one of the Zacks tellurian final investment decision estimate for ConocoPhillips 2021 earnings been... Want and receive the daily emails want signings with Chevron ( CVX ) same in! And experts `` OK '', you consent to the use of.! Market data and Insights from worldwide sources and experts for online information for,! Facility would have 20 LNG trains and at least 24.9 million scf ( 705,000 m3 of.
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