Australian energy producer Woodside Energy (WDS, Financial) experienced a decline of over 2.3%, with shares priced at $17.17. The drop comes after the company announced the completion of its acquisition of U.S. liquefied natural gas developer Tellurian. This acquisition, which includes Tellurian's LNG export project along the U.S. Gulf Coast, is valued at $1.2 billion, including debt. ...

The world will need a lot more LNG in the future. Global demand for liquefied natural gas (LNG) could surge more than 50% by 2040, according to an estimate by Shell. Fueling that rosy outlook is the expectation that China will switch its power plants from coal to gas and that LNG will fuel the economic growth engines of South Asian countries. Tellurian (TELL 0.20%) had hoped to cash in on the global LNG boom by building its proposed Driftwood LNG facility. That had made it a popular LNG stock. However, with ...

A pending acquisition leaves investors with some choices. In this video, Motley Fool contributor Jason Hall explains what is happening with Tellurian (TELL 0.64%), which has accepted a buyout offer more than 10% higher than its recent stock prices. *Stock prices used were from the afternoon of Aug. 12, 2024. The video was published on Aug. 16, 2024. ...

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Tellurian Inc. (NYSE: TELL), relating to its proposed merger with Woodside Energy Group Ltd. Under the terms of the agreement, Tellurian shareholders will be entitled to receive $1.00 per ...

Tellurian (TELL 66.39%) has found a buyer, and the deal offers an impressive 75% premium to where the stock closed on Friday. LNG is in demand worldwide, and the United States has an abundance of the fuel. But transporting LNG is difficult and new facilities are hard to get by regulators, meaning there was great promise in Tellurian's proposed Driftwood facility -- assuming the company could bring it to market. Alas, a series of financial and operational missteps have plagued the company. Souki is gone, and ...

MILWAUKEE, July 22, 2024 /PRNewswire/ -- Ademi LLP is investigating Tellurian (NYSE American: TELL) for possible breaches of fiduciary duty and other violations of law in its transaction with Woodside. Tellurian stockholders will receive only $1 per share in an all-cash transaction that values Tellurian at an implied total enterprise value, including net debt, of approximately $1.2 billion. The transaction agreement unreasonably limits competing transactions for Tellurian by imposing a significant penalty i ...

The total enterprise value of the offer for Tellurian comes to approximately $1.2 billion, including net debt. It already has the support of both companies' boards of directors and is expected to close in the fourth quarter of this year. How This Affects TELL Stock Today We have all of the hottest stock market news traders need to know about on Monday! That includes the biggest pre-market stock movers today and more of the latest happenings worth reading about! You can catch up on these matters at the links ...

Tellurian Inc.'s (TELL) three-year extension, granted by the U.S. Federal Energy Regulatory Commission ("FERC"), to complete the construction of its Driftwood LNG facility has been upheld by the U.S. regulatory body. The FERC denied a rehearing request from the environmental group Sierra Club regarding the extension approval. Sierra Club argued that the Biden administration's decision to put a pause on its LNG export authorizations to certain countries should impact the Commission's decision to grant an ext ...

How should investors approach Tellurian stock: Buy, sell, or hold? The argument for buying Tellurian stock The argument for holding Tellurian stock The key to sticking around, however, will still be your ability to handle risk, since Tellurian remains a high-risk investment. If you don't mind taking on the execution risk inherent in owning Tellurian at this stage in its lifecycle, then sticking around is probably a good idea. Tellurian (TELL -8.70%) is a high-risk growth stock that only the most aggressive ...

Tellurian (TELL -12.44%) is not an investment for the faint of heart. The energy company is building a liquified natural gas (LNG) export facility called Driftwood, but it won't be operational until 2028. In other words, there are big risks to consider as you think about what the future holds for the company. Some investors may believe those risks are worth taking, but others will prefer to stay on the sidelines when it comes to this stock. Tellurian's big picture story Natural gas is kind of hard to move o ...