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NYSEAMERICAN:TELL

Tellurian Q4 2023 Earnings Report

Tellurian logo
$1.00 +0.00 (+0.16%)
As of 10/8/2024

Tellurian EPS Results

Actual EPS
-$0.01
Consensus EPS
-$0.04
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A

Tellurian Revenue Results

Actual Revenue
$39.96 million
Expected Revenue
$55.22 million
Beat/Miss
Missed by -$15.26 million
YoY Revenue Growth
N/A

Tellurian Announcement Details

Quarter
Q4 2023
Time
Before Market Opens
Conference Call Date
Friday, February 23, 2024
Conference Call Time
7:00AM ET

Earnings Documents

Tellurian Earnings Headlines

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About Tellurian

Tellurian (NYSEAMERICAN:TELL) is an independent energy company focused on the development of natural gas production, liquefaction, and export facilities. Headquartered in Houston, Texas, the company was founded in 2016 by industry veterans with a vision to integrate upstream gas production with midstream and downstream liquefaction capabilities. Tellurian’s core strategy revolves around securing feed gas supplies, constructing pipeline infrastructure, and delivering competitively priced liquefied natural gas (LNG) to global markets.

In its upstream segment, Tellurian holds acreage in key U.S. shale basins, including the Haynesville shale in Louisiana and the Marcellus shale in Pennsylvania. Through joint ventures and strategic partnerships, the company aims to optimize drilling operations and control feed gas costs for its liquefaction projects. On the midstream front, Tellurian is advancing the Magellan pipeline, a proposed 140-mile conveyance system designed to transport natural gas to its liquefaction terminal.

The company’s marquee project is Driftwood LNG, a proposed greenfield export facility on the Calcasieu River in southwest Louisiana. Driftwood LNG is planned to feature multiple liquefaction trains with a combined capacity of up to 27.6 million tonnes per annum. Utilizing a tolling model, Tellurian intends to build, own, and operate the facility, while securing long-term sales and purchase agreements with international customers across Asia, Europe, and Latin America.

Under the leadership of CEO Octávio Simões and a seasoned executive team, Tellurian is positioning itself to capitalize on growing global demand for cleaner-burning natural gas. The company maintains a focus on sustainable development practices, stakeholder engagement, and regulatory compliance as it moves toward final investment decision milestones and future production targets.

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