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Tellurian(TELL) - 2023 Q1 - Quarterly Report
2023-05-03 11:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-5507 Tellurian Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) D ...
Tellurian(TELL) - 2022 Q4 - Annual Report
2023-02-22 12:12
Financial Performance - Total revenue for the year ended December 31, 2022, was $391.9 million, a significant increase from $71.3 million in 2021[251] - The company reported a net loss of approximately $49.8 million for 2022, a decrease from a net loss of $114.7 million in 2021[255] - Consolidated net loss for the year ended December 31, 2021, was approximately $114.7 million, a decrease from a net loss of approximately $210.7 million in 2020[258] Natural Gas Sales - Natural gas sales reached $271.0 million in 2022, up from $51.5 million in 2021, driven by higher realized prices and production volumes[251] - Natural gas sales rose by approximately $21.1 million, attributed to increased realized natural gas prices, despite decreased production volumes[259] Expenses and Costs - General and administrative expenses increased by approximately $40.5 million, driven by a $14.6 million rise in professional services and a $9.0 million increase in donations to a university for global energy research[259] - Interest expense, net increased by approximately $4.5 million due to higher interest charges from increased borrowing obligations in 2022 compared to 2021[259] - Increase of approximately $38.6 million in general and administrative expenses primarily due to a $32.2 million rise in compensation expenses[260] - Decrease of approximately $5.7 million in depreciation, depletion, and amortization (DD&A) expenses due to a lower net book value from prior impairment charges[259] Cash and Liquidity - The company had approximately $474.2 million in cash and cash equivalents as of December 31, 2022, providing sufficient liquidity for at least twelve months[238] - As of December 31, 2022, the company had total indebtedness of approximately $557.7 million, with $166.7 million subject to redemption by holders of the Convertible Notes[239] Investments and Projects - Cash used in investing activities increased by approximately $507.7 million in 2022, primarily due to spending on natural gas acquisition and development activities[242] - The total estimated cost of the Driftwood Project and related pipelines is approximately $25.0 billion, with a liquefaction capacity of up to 27.6 Mtpa[247] - The company completed the acquisition of natural gas assets in the Haynesville Shale basin for an adjusted purchase price of approximately $133.8 million[234] - The company commenced construction of Phase 1 of the Driftwood terminal on April 4, 2022, following a limited notice to proceed issued to Bechtel[232] - The company plans to pursue various commercial arrangements and potential acquisitions to expand its asset base and enhance its operations[229] Other Income and Financial Instruments - Other income increased by approximately $6.6 million, mainly from an $8.7 million unrealized gain on natural gas financial instruments[260] - The fair value of natural gas financial instruments as of December 31, 2022, was $10,463 million, with a sensitivity analysis showing a potential range of $7,711 million to $13,446 million for a 10% price change[266] Accounting Standards - The company does not anticipate any material effects from recently issued accounting standards that are not yet effective[265]
Tellurian(TELL) - 2022 Q3 - Quarterly Report
2022-11-02 11:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-5507 Tellurian Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizatio ...
Tellurian(TELL) - 2022 Q2 - Quarterly Report
2022-08-03 11:37
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (State or other jurisdiction of incorporation or organization) Delaware 06-0842255 (I.R.S. Employer Identification No.) 1201 Louisiana Street, Suite 3100, Houston, TX ...
Tellurian(TELL) - 2022 Q1 - Quarterly Report
2022-05-04 11:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-5507 Tellurian Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) D ...
Tellurian(TELL) - 2021 Q4 - Annual Report
2022-02-23 12:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-5507 Tellurian Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delawa ...
Tellurian(TELL) - 2021 Q3 - Quarterly Report
2021-11-03 11:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-5507 Tellurian Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizatio ...
Tellurian(TELL) - 2021 Q2 - Quarterly Report
2021-08-03 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-5507 Tellurian Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) De ...
Tellurian(TELL) - 2021 Q1 - Quarterly Report
2021-05-05 10:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-5507 Tellurian Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) D ...
Tellurian(TELL) - 2020 Q4 - Annual Report
2021-02-24 12:29
For the fiscal year ended December 31, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to FORM 10-K OR Commission File Number 001-5507 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) Yes ☒ No ☐ (State or other jurisdiction of incorporation or organization) Delaware 0 ...