News and Presentations Items Archive

News

This page includes links to videos that include statements made by officers and directors of Tellurian Inc. (the “Company”) and other persons. The Company assumes no responsibility for statements made by persons other than its officers, directors and other authorized spokespersons. Statements made by the Company’s representatives may include forward-looking statements regarding, among other things, commodity prices, regulatory and operational developments, future economic conditions and other matters. Such forward-looking statements are subject to numerous risks and uncertainties, including the risk of unanticipated changes in market, regulatory or business environments and other risks described in the Company’s filings with the SEC, which are available on this site under “Investors—Financials, Filings and Presentations.” The Company does not undertake to update such forward-looking statements, which are made only as of the date indicated.

Posted on May 5, 2021
PRESS RELEASE | Tellurian reports first quarter 2021 results

HOUSTON, Texas – (BUSINESS WIRE) May 5, 2021 — Tellurian Inc. (Tellurian) (NASDAQ: TELL) continues to build its integrated global natural gas business, focusing on debt reduction during the first quarter of 2021. Subsequent to the quarter end, Tellurian made a voluntary $17 million debt repayment on April 23, 2021, and has now paid off all borrowing obligations.

President and CEO Octávio Simões said, “Tellurian now has a much stronger balance sheet and global customers continue to be very interested in our integrated, market-based liquefied natural gas (LNG) product offering as they build their portfolios with flexible, reliable and cleaner energy sources. Additionally, we are looking forward to expanding our drilling program in 2021, having recently spud a new well in the prolific Haynesville Shale, that we expect to provide valuable revenue.”

Operating activities

Tellurian produced 3.3 billion cubic feet (Bcf) of natural gas for the quarter ending March 31, 2021 as compared to 3.9 Bcf for the previous quarter. Tellurian’s upstream assets include 9,704 net acres and interests in 72 producing wells as of March 31, 2021.

Financial results

Tellurian ended its first quarter of 2021 with approximately $58.7 million of cash and cash equivalents and approximately $17.0 million in short-term borrowings (which was repaid in April 2021), and generated approximately $8.7 million in revenues from natural gas sales. Tellurian has a strong balance sheet consisting of approximately $270.3 million in total assets. Tellurian reported a net loss of approximately $27 million, or $0.08 per share (basic and diluted), for the three months ended March 31, 2021.

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Posted on May 4, 2021
Two minutes with Chairman Charif Souki on the global gas market and Tellurian’s value

Posted on April 27, 2021
Two minutes with Chairman Charif Souki on paying off debt

Posted on April 20, 2021
Two minutes with Charif Souki on shorting energy stocks

Posted on April 13, 2021
Two minutes with the Chairman on natural gas prices and global supply shortage

Posted on April 6, 2021
Two minutes with Charif Souki on global LNG market updates

Posted on March 30, 2021
Two minutes with Charif Souki on JKM and TTF market contracts

Posted on March 23, 2021
Two minutes with Charif Souki speaking on the global gas market on a fundamental basis

Posted on March 16, 2021
Two minutes with Charif Souki on paying down debt and maximizing opportunity

Posted on March 15, 2021
PRESS RELEASE | Tellurian Continues Deleveraging Balance Sheet, Repays 2019 Term Loan in Full

Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that it has repaid its 2019 Term Loan in full after making a voluntary prepayment of approximately $38 million using cash on hand. As a result of this prepayment, Tellurian has reduced its outstanding debt balance to approximately $21 million.

President and CEO Octávio Simões said, “Tellurian continues to deleverage the balance sheet and make progress on our commercial efforts. We are planning to pay off the remaining $21 million in debt obligations from upstream generated cash flows and cash on hand in the coming months.”

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