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 February 18, 2021
PRESS RELEASE | Tellurian Strengthens Balance Sheet, Reduces Debt by $57 Million
HOUSTON, Texas – (BUSINESS WIRE) – Tellurian Inc. (Tellurian) (NASDAQ: TELL) today announced it has made a voluntary principal prepayment of $43 million on its 2018 Term Loan. The debt prepayment was funded using cash on hand and from its upstream subsidiary, Tellurian Production Holdings LLC, resulting in interest savings of approximately $2.4 million in 2021. Tellurian Inc. has also made $13.6 million in other debt repayments year to date to other creditors, for a total debt reduction of $57 million.
After today’s prepayment, Tellurian has approximately $80 million in unrestricted cash and $25 million in borrowings that mature in 2021, of which $17 million will be paid from Tellurian production.
President and CEO Octávio Simões said, “Tellurian is delivering on our debt reduction plan and strengthening our balance sheet, with comfortable liquidity for operations and a market capitalization value of over $1 billion. We are producing natural gas from our Haynesville position as we watch the global natural gas market restructure with liquefied natural gas (LNG) supply tightening and prices rising. As an LNG supplier, we are well positioned with our integrated Driftwood partnership to control supply cost, effectively manage emissions through our own production, and produce LNG at a very low and stable cost that is globally competitive.”
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Posted on February 16, 2021
Five minute chat with Chairman Charif Souki on the role of U.S. natural gas consumption
Posted on February 9, 2021
Two minutes with Chairman Charif Souki on energy poverty and the energy transition
Posted on February 2, 2021
10 minutes with Chairman, Charif Souki, on stock risks and rewards
Posted on January 27, 2021
Two minutes with TELL on stock improvements supported by long term fundamentals
Posted on January 19, 2021
Two minutes with the Chairman on three things to watch in the market
Posted on January 13, 2021
New corporate presentation for Tellurian Inc. (NASDAQ: TELL)
A new corporate presentation is available for Tellurian Inc. (NASDAQ: TELL). The presentation will include forward-looking information.
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Posted on January 12, 2021
Two minutes with Charif Souki on cause and consequence of LNG demand increase
Posted on January 5, 2021
Two minutes with Chairman Charif Souki on demand increase in 2021
Posted on December 22, 2020
Two Minutes with Charif on structural changes in the natural gas market