$108m follower assets
🚨 TELL Buy Alert 🚨
$TELL has been one of my few winners this year. It’s taken a dip as have natural gas prices. I believe the natural gas dip to be an outlier and potentially a good buying opportunity for $TELL if you are looking for an entry into a solid energy name.
$TELL has consolidated and broken the bottom Bollinger band. So, it could be a bit oversold.
Juxtapose that with Natural Gas prices you can see a steady uptrend in a minor correction. I would expect the uptrend to continue going forward given the current shortages.
How soon will it be until they finish building their LNG terminal?
@dissectmarkets so that is the Driftwood project that is underway. I believe it finishes end of this year or early 2023. That said, they currently DO produce LNG but Driftwood will absolutely be a big win for them.
Tellurian produced 6.1 billion cubic feet (Bcf) of natural gas for the quarter ending March 31, 2022 as compared to 4.9 Bcf for the previous quarter. Tellurian’s upstream assets include 13,521 net acres and interests in 82 producing wells as of March 31, 2022.
From their last Earnings Report 👆🏻