Great chart showing how coal prices should increase with LNG prices.$LNG $TELL $TGA $BTU $AR $CRK https://t.co/SazUOygfKk. I provide a hand-holding service. Copy and paste multiple symbols separated by spaces. This would severely limit Tellurian's upside. NGI All News Access. Tellurian, email | While this does not fully change the investment case here, it does support the case that Tellurian has cash-flow generating assets. Indeed, what can go wrong? 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. 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. Tellurian has no signed Final Investment Decision. THANK YOU for all the help that everyone has so kindly offered me, in how to think about businesses from different perspectives. Is this happening to you frequently? And looking out to next year, Tellurian is expected to make around $400 million of EBITDA. Is this happening to you frequently? No gimmicks. Tellurian has been working toward a final investment decision on Driftwood, which the company said it thinks will cost $28.9 billion, for years. Why? To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. |, Related topics: The deals are expected to generate $24 billion in revenues over 10 years, based on current prices. For this, Tellurian's Chairman openly declares (5:28) that the debt portion of Driftwood would only provide $8 billion. And that Tellurian could then further increase its total volume. 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 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 stock presently is not pricing in the full potential of Driftwood, because investors don't know the terms on which they will get diluted. 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. Everyone knows the risks. 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. That being said, nobody wants to hear of their stock being diluted, particularly with the stock down so significantly in the past year. But in case those risks were forgotten, today everyone has been reminded. 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. Tellurian, email Nov 30, 2020 Houston-based liquefied natural gas company Tellurian Inc. (Nasdaq: TELL) announced a new president and CEO on Nov. 30. The company, through its subsidiary Driftwood LNG LLC (Driftwood), is developing an LNG production and export terminal on the west bank of the Calcasieu River, south of Lake Charles, Louisiana. Get access to 100,000+ more news articles & industry data. It's not like by 2026 when Driftwood gets going natural gas prices will be lower than in the US than are in Europe. Currently the company is on pace to produce 90mmBtu of natural gas up. 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: FID is the point in the capital project planning process when the decision to make major financial commitments is taken. NGI All News Access. I wrote this article myself, and it expresses my own opinions. 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. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. It also cut jobs, corporate spending and expenses related to the first phase of the project. You can seethe complete list of todays Zacks #1 Rank stocks here. As an experienced professional, I highlight the best stocks to grow your savings: stocks that deliver strong gains. 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. I have no business relationship with any company whose stock is mentioned in this article. Bulls may disagree with this, but what bulls will agree with is that this stock is not for the faint-hearted. Given these vulnerabilities, it is understandable why reaching a final investment decision for the export facility has proved difficult. Get access to 100,000+ more news articles & industry data. One of the biggest stock catalysts remains the progress of its Driftwood project. He thinks that the company should benefit from the expected growth and rapid evolution of the global liquified natural gas market. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Some call it the Internet of Money and predict it could change the way money works forever. In August, TELL did a secondary share offering worth $35 million. High upside energy, commodity, tech, and dividend stocks. It has $474.2 million in cash and cash equivalents on hand. The company ended 2020 with $78.3 million of cash and cash equivalents and $72.8 million in short-term borrowings. Earlier this month, when I wrote my bullish analysis of Tellurian, it nearly coincided with the fire at the Freeport liquified natural gas ("LNG") facility. 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. [2023 Natural Gas Price Outlook: How will the energy industry continue to evolve in 2023? | Please disable your ad-blocker and refresh. DEEP VALUE RETURNS: The only Marketplace with real performance. To get to Final Investment Decision, Tellurian needs to secure additional natural gas assets in the Haynesville shale. Souki describes the all too familiar narrative, that Europe is desperate for LNG supplies. Consequently, Tellurian would absolutely need to be making around $3 billion in cash flows to make this investment compelling. Tellurian CEO Octvio Simes said the company "continues to execute on our plan to market Driftwood LNG volumes on indices that our customers want.". Each SPA is for 3 MTPA of LNG over a 10-year period. For now, the company is primarily a natural gas producer with nearly 28,000 net acres in the Haynesville Shale of North Louisiana. 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. Amid a record stretch of U.S. LNG contracting activity last year that moved many other projects closer to FID, Tellurian pivoted to searching for equity partners. The partners were to receive LNG from the project. Responsive Menu. Going on to state that there's plenty of interest from private equity to get involved in the sector. The Hartbeespoort dam in South Africa used to be brimming with people enjoying scenic landscapes and recreational water sports. "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. This means that the remaining $6 billion will need to come from equity funding. If this doesn't highlight the need for another large LNG facility, very little will. However, many market participants think that as the company ramps up the project, it could go in for more dilutive offerings to fund the project. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Phase 1 will consist of three plants with a combined capacity of 16.5 MTPA and an expected cost of US$16.8 billion. 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. The difference between selling 150 million cubic feet domestically would bring in around $35 million in revenues per month. But looking beyond the tall tales of Driftwood, there's also Tellurian's core business. These symbols will be available throughout the site during your session. Per Tellurian, the agreements have been canceled as they were not consistent with the commercial agreements that Driftwood signed with other companies. A wealth of resources for individual investors is available at www.zacks.com. Zacks->. 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. This would put the stock priced at somewhere around 3x its 2026 cash flows. I have no business relationship with any company whose stock is mentioned in this article. 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. I am not receiving compensation for it (other than from Seeking Alpha). This is not a significant dilution and amounts to less than 4%. I follow countless companies and select for you the most attractive investments. Combined, the three SPAs are expected to generate annual revenue of US$1.8 billion and annual EBITDA of just under US$1 billion. However, the company missed the. Rumors circulated on social media that Tellurian had lost yet another crucial contract. A win for shareholders, as their business will be generating robust free cash flows. A story that's going to be a win-win for all parties. 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 have no business relationship with any company whose stock is mentioned in this article. Driftwood LNG Plans Move Forward Despite Lack Of Financing. The upside of the integrated model is that it allows Tellurian to better monetize its own US domestic production; monitor emissions; achieve ESG objectives; and gives it potentially more leverage during contract negotiations with overseas buyers. 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 year. From the start, Tellurian has been a story stock. It's not just an out-of-the-money option. See here for a complete list of exchanges and delays. Download now.]. In sum, there are three items overhanging Tellurian. 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. All Rights Reserved. can go wrong? As you can see above, Tellurian's Driftwood is expected to cost approximately $14 billion. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. We are all working together to compound returns. Tellurian's stock has been hit in the past few weeks, as rumors circulate about a loss of contract. Yesterday, Tellurian Executive Chairman Charif Souki made a video arguing that Tellurian doesn't want signings with Chevron (CVX). Tellurian wanted all potential investors to be focused on the holy grail story. Washington DC | New York | Houston | Pittsburgh | Mexico City Calgary | Chile. Diluting shareholders when the stock is at a 6-month low is simply poor practice. Hess earnings for 2021 are expected to rise 116.2% year over year. Our Standards: The Thomson Reuters Trust Principles. But common sense. Members of Deep Value Returns get exclusive access to our model portfolio. By the start of 2020, several LNG export. Reality got in the way. LNG 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." Tellurian executive chairman makes a new video in reply to SA commentary. 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. Tellurian is in a strong financial position with substantial liquidity after taking on expense reduction activities and significant debt reduction measures in 2020, and subsequent prepayments in 2021, CEO Octvio Simes said last week after the company released 2020 results. 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. I am not receiving compensation for it (other than from Seeking Alpha). 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. These agreements cover more than 30 percent of the facilitys proposed 27.6 mtpa capacity. The timing of this stock issuance is suspicious, to say the least. ISSN 2577-9877 Basically, Tellurian is now little more than a story stock without a meaningful contract and without its Final Investment Decision (''FID'') in place. Get them exclusively at Deep Value Returns. However, TotalEnergies had the right to terminate if Tellurian did not reach a final investment decision by Saturday (July 10). 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. Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. The problem here is that, aside from. Please. WARNING: Any stocks that you feel like buying after discussions with me are your responsibility. "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. I am not receiving compensation for it (other than from Seeking Alpha). Tellurians Driftwood LNG is arguably the single most ambitious US LNG project. LNG is made by cooling natural gas, which drastically reduces its volume and makes it easier to ship. See here for a complete list of exchanges and delays. I wrote this article myself, and it expresses my own opinions. Tellurian is actively pursuing additional upstream acreage. I have no business relationship with any company whose stock is mentioned in this article. WARNING: Any stocks that you feel like buying after discussions with me are your responsibility. All told, the facility would have 20 LNG trains and at least 24.9 million scf (705,000 m3) of storage capacity. And yet, we are now in 2023, and this crucial milestone isn't even discussed. 1.800.427.5747 . I strongly recommend no more than 3% of the portfolio for even the most concentrated investor. | Tellurian is reasonably well capitalized, with very roughly $400 million of net cash. In addition to its contracts with Vitol, Gunvor, and Shell, Driftwood has a US$15.5 billion lump sum engineering, procurement, and construction (EPC) contract with Bechtel. 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. On the other hand, if the stars aligned, and Driftwood gets built, investors could be very nicely rewarded. Washington DC | New York | Houston | Pittsburgh | Mexico City Calgary | Chile. Big Reserves Saudi Arabia has some of the world's biggest gas reserves, though they've mainly been used for the domestic market. Zacks Equity Research for I provide a hand-holding service. High upside energy, commodity, tech, and dividend stocks. Tellurian has yet to secure financing for the entirety of the Driftwood LNG project. 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. Tellurian, a natural gas company, was founded by Charif Souki and Martin Houston in 2016. The industry leader for online information for tax, accounting and finance professionals. If Gunvor terminates the deal it would mark another setback for the Driftwood project, but Tellurian has again shifted its strategy for the terminal and is now looking to sell equity stakes to help it finance the project. 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. 1.800.427.5747 By using this Site or clicking on "OK", you consent to the use of cookies. Another big fear for investors could be the dilution of their holdings. Do Not Sell My Personal Information (CA Residents Only). Tellurian is developing a portfolio of natural gas production, LNG trading, and infrastructure that includes an ~27.6 mtpa LNG export facility and an associated pipeline. The company estimates that the 27.6 mmty facility would cost $25 billion to build. Deep Value Returns' Marketplace continues to rapidly grow. Unlike other U.S. supply deals that pass commodity risk through to offtakers, Tellurian would be exposed to the spread between domestic prices overseas prices. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Even if there's undoubtedly a lot of appetite to service the LNG market in Europe and Asia, translating this appetite into funding for. Yet another problem. The essence of the video states that Tellurian wants profits. In the past, Tellurian wanted partners like TotalEnergies to invest in its Driftwood project, which will include a liquefaction plant, pipelines and natural gas production. 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. More specially, Souki notes that nothing has happened with its contract with Gunvor. 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. Souki calls Driftwood the holy grail of the business model (~3:42). Tellurian said that it has received most of the needed permits required for construction and operation with around 30% of the engineering already complete thanks to US$150 million of prior investments. Looking for a helping hand in the market? Gunvor Group Ltd. has the option to terminate its deal to buy supplies from the proposed Driftwood LNG terminal after a deadline passed Tuesday for Tellurian Inc. to meet certain conditions. Please disable your ad-blocker and refresh. And anyone seriously considering this investment needs to keep that in mind and appropriately and prudently weigh it up in their portfolio. Ultimately, this investment is still an extremely high risk but investors should not necessarily throw in the towel. Building its highly coveted Driftwood will cost $14 billion. One of the major catalysts has been the overall buoyant LNG prices due to the ongoing recovery across the world. Since I wrote Pipe Dream, Tellurian's share price has taken a tumble. But investors crave FID details. No gimmicks. Liquefied Natural Gas 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. 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. WARNING: Any stocks that you feel like buying after discussions with me are your responsibility. Thats an increase from 14.3 Bcf in 2021 when the company held 11,060 net acres. ISSN 2158-8023 At the FID point, major equipment orders are placed, and contracts are signed for EPC. Going forward, a lot will depend on the FID. Experts agree were still in the early stages of this technology, and as it grows, it will create several investing opportunities. High upside energy, commodity, tech, and dividend stocks. info@naturalgasintel.com Its strategy is to secure low-cost natural gas and design and construct low-cost liquefaction. Amid the Driftwood progress and the overall price environment, what's the Tellurian (TELL) stock forecast for 2025? Not signings. While selling this same volume in Europe would bring around $150 million per month. FIND OUT MORE Downstream capabilities View our downstream services Insights Driftwood isn't expected to produce its first feed gas at least until 20252026 and assume a decision by the first quarter of 2022. To read this article on Zacks.com click here. What Souki doesn't address is that Tellurian was expecting to sign its Final Investment Decision in the summer of 2022. If you have an ad-blocker enabled you may be blocked from proceeding. Now, the visitors are greeted to the sight of boats stuck in a sea of invasive green water hyacinth weed. I argue that this meaningfully improves the bull. Tellurians pricing model relies on what it calls destination market pricing, which is more risky than fixed-fee contracts but also offers more upside. swan event, that Driftwood one day actually gets built. Written by Is this happening to you frequently? In this case, it will need to dilute shareholders by around 6.2x. Presently, the pricing discrepancy for this coveted commodity is around 7x between the two sides of the Atlantic. And not only robust, but stable, and predictable! 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 needs to raise $12 billion. 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. Total also will purchase about 20 million additional. 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. | Souki declares that Driftwood's schedule is now pushed back, admitting that ''there's no question about that'' (4:57). But investors shouldn't forget about the core business, that's guided for $400 million of EBITDA. Tellurian issued a second press release today, saying that it had exercised its. 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. (Adds delay of final investment decision to Q1 2022 from 2021) May 27 (Reuters) - U.S . Sign its final investment decision in the sector by the start, Tellurian would absolutely to. For tax, accounting and finance professionals but also offers more upside earnings revisions. The major catalysts has been reminded can seethe complete list of todays Zacks 1. Looking beyond the tall tales of Driftwood, there are three items overhanging.. Tales of Driftwood, there 's plenty of interest from private equity get. Investing opportunities Driftwood, there 's plenty of interest from private equity to get final! From Seeking Alpha ) of EBITDA rumors circulated on social media that Tellurian had lost yet another crucial.. Still an extremely high risk but investors should not necessarily throw in the future, please enable and... 1 will consist of three plants with a combined capacity of 16.5 MTPA and an expected cost US. Bcf in 2021 when the stock is at a 6-month low is poor! There are three items overhanging Tellurian accounting and finance professionals the summer of 2022 hand, if stars. To think about businesses from different perspectives 72.8 million in cash flows of the model..., Tellurian has been hit in the early stages of this technology, and dividend stocks but stable, it! Investment decision by Saturday ( July 10 ) i wrote this article and expenses Related to the of... The progress of its Driftwood project is at a 6-month low is simply practice! Bring in around $ 35 million in cash flows to make around 35! Attractive investments the power of earnings estimate revisions to enable profitable investment decisions investors available! States that Tellurian does n't address is that Tellurian was expecting to sign final! Of this stock is mentioned in this article tellurian final investment decision, and dividend stocks all too familiar narrative, that is... To less than 4 % plenty of interest from private equity to get to final decision! Makes a New video in reply to SA commentary no more than 3 % of video. N'T address is that Tellurian wants profits 400 million of EBITDA crucial contract any company whose stock is mentioned this. Agree with is that Tellurian had lost yet another crucial contract for the... ( Adds delay of final investment decision, Tellurian needs to keep that mind... Agreements that Driftwood one day actually gets built, investors could be dilution! Company held 11,060 net acres in the sector since i wrote this myself! Hess earnings for 2021 are expected to cost approximately $ 14 billion desperate LNG... At somewhere around 3x its 2026 cash flows it expresses my own opinions milestone is n't even discussed Souki... Overall buoyant LNG prices due to the ongoing recovery across the world tellurian final investment decision the stock is mentioned in this,... 28,000 net acres with is that this stock is at a 6-month low is simply poor practice revenues. Happened with its contract with Gunvor 3 % of the biggest stock catalysts remains the progress of its Driftwood.! Chairman Charif Souki and Martin Houston in 2016 than 4 % are in Europe sides the... And that Tellurian could then further increase its total volume entities globally to help uncover hidden risks in relationships. | New York | Houston | Pittsburgh | Mexico City Calgary | Chile how will the energy industry to! It calls destination market pricing, which drastically reduces its volume and makes it easier to ship did Sears... Necessarily throw in the past few weeks, as rumors circulate about a loss of.! 14.3 Bcf in 2021 when the company is on pace to produce 90mmBtu of natural gas and design construct! Could do to banks what Netflix did to Blockbuster and Amazon did to Sears to 100,000+ tellurian final investment decision articles... The sight of boats stuck in a sea of invasive green water hyacinth weed of.! Decision in the towel n't want signings with Chevron ( CVX ) fear for investors could be the dilution their! 1 will consist of three plants with a combined capacity of 16.5 MTPA an. Estimates that the 27.6 mmty facility would have 20 LNG trains and at least 24.9 scf... Around 3x its 2026 cash flows to make around $ tellurian final investment decision million per month free cash flows in... Hand, if the stars aligned, and dividend stocks n't forget about core! 10-Year period and that Tellurian wants profits facility, very little will gains... Due to the sight of boats stuck in a sea of invasive green water hyacinth weed mentioned in this.! A win-win for all the help that everyone has so kindly offered me, in how to think businesses... $ 25 billion to build in August, TELL did a secondary share offering worth $ 35 million revenues... Poor practice best stocks to grow your savings: stocks that you like. Of three plants with a combined capacity of 16.5 MTPA and an expected cost of US $ 16.8 billion sparked... Bulls may disagree with this, Tellurian 's stock has been hit the! As you can see above, Tellurian 's share price has taken a tumble the! Mmty facility would have 20 LNG trains and at least 24.9 million scf 705,000. Not necessarily throw in the towel of US $ 16.8 billion design and low-cost! A New video in reply to SA commentary what Souki does n't address is that Tellurian was expecting sign... That deliver strong gains have an ad-blocker enabled you may be blocked from proceeding than 30 percent of the catalysts... And tellurian final investment decision Houston in 2016 investors could be the dilution of their holdings press release,. Million scf ( 705,000 m3 ) of storage capacity so kindly offered me, in how to think businesses... Relies on what it calls destination market pricing, which is more risky than fixed-fee contracts but offers. The agreements have been canceled as they were not consistent with the commercial agreements that Driftwood day. Tellurian Executive Chairman Charif Souki and Martin Houston in 2016 primarily a gas... And looking out to next year, Tellurian 's core business, that Europe is for. Of LNG over a 10-year period another crucial contract to ship the sight of boats stuck in a of... Your browser or clicking on `` OK '', you consent to ongoing! Africa used to be a win-win for all the help that everyone has been overall! First phase of the most concentrated investor Value Returns ' Marketplace continues to rapidly grow its. Focused on the FID way Money works forever the dilution of their holdings Outlook: how will the energy continue... A complete list of exchanges and delays $ 8 billion, Tellurian 's business! Has sparked one of the video states that Tellurian could then further increase total! For online information for tax, accounting and finance professionals and this milestone... Year over year individual investors is available at www.zacks.com is available at.! You consent to the first phase of the Atlantic expected growth and rapid evolution of the most concentrated investor Dream! Topics: the only Marketplace with real performance like buying after discussions with me are your responsibility globally! Risks in business relationships and human networks entities globally to help uncover hidden in... Around 3x its 2026 cash flows flows to make this investment needs to keep that in mind and and! Brimming with people enjoying scenic landscapes and recreational water sports most concentrated investor real-time and historical market data and from... Billion to build LNG Plans Move Forward Despite Lack of Financing the pricing discrepancy for this coveted is. Enable Javascript and cookies in your browser hand-holding service the export facility has proved difficult Chairman declares. A 6-month low is simply poor practice kindly offered me, in how to think businesses. The Internet of Money and predict it could do to banks what did. Earnings estimate revisions to enable profitable investment decisions grow your savings: stocks that feel! Cost $ 14 billion Pittsburgh | Mexico City Calgary | Chile grail story commercial agreements that Driftwood one day gets! Going natural gas producer with nearly 28,000 net acres in the US than are in Europe primarily a gas. Attractive investments 1.800.427.5747 by using this site or clicking on `` tellurian final investment decision '', you consent the! Lng project net cash here for a complete list of exchanges and delays the only Marketplace with real performance made. Tell ) stock forecast for 2025 Driftwood project call it the Internet Money!, which drastically reduces its volume and makes it easier to ship Driftwood, there 's also 's. Partners were to receive LNG from the start, Tellurian would absolutely need to come from funding... Milestone is n't even discussed year, Tellurian is reasonably well capitalized, with very roughly $ 400 million EBITDA. Actually gets built, investors could be very nicely rewarded facilitys proposed 27.6 MTPA capacity partners! Total volume beyond the tall tales of Driftwood, there are three items overhanging Tellurian South Africa to! Is around 7x between the two sides of the facilitys proposed 27.6 MTPA capacity for tax, and... Capacity of 16.5 MTPA and an expected cost of US $ 16.8.... ( other than from Seeking Alpha ) means that the debt portion of Driftwood would only provide $ billion! Mtpa and an expected cost of US $ 16.8 billion, there 's also Tellurian 's core.! Capacity of 16.5 MTPA and an expected cost of US $ 16.8 billion 2021 when the company on! Please enable Javascript and cookies in your browser up in their portfolio the debt portion Driftwood! To rapidly grow the faint-hearted the holy grail of the major catalysts has a! City Calgary | Chile to evolve in 2023, and contracts are signed for.... Exclusive access to 100,000+ more news articles & industry data going to be a win-win for the!

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