Get near real-time access to futures pricing, major energy stocks, and related articles and insights.

Tellurian Inc.

... ... ...
Use your mouse to position trendlines

About

Tellurian was founded by Charif Souki and Martin Houston and is led by President and CEO Meg Gentle. Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Tellurian is developing a portfolio of natural gas production, LNG trading, and infrastructure that includes a roughly 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL.”

Editor's note: Updated Sept. 23, 2019.

Transactions

Report Date Amount (MM) Description
2022-08-18 $133.00

Tellurian Acquires Private Haynesville Producer EnSight for $125 Million

Tellurian Acquires Private Haynesville Producer EnSight for $125 Million

Report Date Amount (MM) Description
2017-09-06 $85.10

Souki’s Tellurian Grabs Haynesville Acreage For LNG Exports

Souki’s Tellurian Grabs Haynesville Acreage For LNG Exports

Report Date Amount (MM) Description
2017-02-10 --

Charif Souki, Martin Houston's Tellurian To Merge With Magellan

Charif Souki, Martin Houston's Tellurian To Merge With Magellan

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

Locked Data

Subscribe to Access

Instantly unlock over 15 years of A&D transactions and financing data.

New Financings

Report Date Type Amount (MM) Description
2022-06-01 Tellurian Inc. Debt $500.00

Executed definitive agreements to sell $500 million principal amount of senior secured convertible notes…

Report Date Type Amount (MM) Description
2021-11-05 Tellurian Inc. Debt $50.00

Priced an underwritten public offering of 8.25% senior notes due 2028. Underwriters have been granted a…

Report Date Type Amount (MM) Description
2021-08-31 Tellurian Inc. Debt $50.00

Withdrew an underwritten public offering of 8.25% senior notes due 2028 which was successfully priced Aug…

Report Date Type Amount (MM) Description
2021-08-05 Tellurian Inc. Equity $105.00

Closed public offering of 35 million shares of common stock sold at a price of $3 per share. Offering…

Report Date Type Amount (MM) Description
2020-04-28 Tellurian Inc. Debt $56.00

Sold zero coupon, unsecured notes in exchange for warrants to purchase up to 20 million shares of common…

Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

This content is locked until you subscribe

Locked Data

Subscribe to Access

Instantly unlock over 15 years of A&D transactions and financing data.

News

Tellurian Executive Chairman ‘Encouraged’ by Progress

Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.

Tellurian, Institution Investor Agree to New Loan Repayment Terms

Tellurian reached an agreement with an unnamed institutional investor to pledge its interest in the Driftwood project as collateral.

FERC Approves Extension of Tellurian LNG Project

Completion deadline of Tellurian’s Driftwood project was moved to 2029 and phase 1 could come online in 2027.

Which Haynesville E&Ps Might Bid for Tellurian’s Upstream Assets?

As Haynesville E&Ps look to add scale and get ahead of growing LNG export capacity, Tellurian’s Louisiana assets are expected to fetch strong competition, according to Energy Advisors Group.

Tellurian Exploring Sale of Upstream Haynesville Shale Assets

Tellurian, which in November raised doubts about its ability to continue as a going concern, said cash from a divestiture would be used to pay off debt and finance the company’s Driftwood LNG project.

Tellurian Head Counters Rumors, Says Company is Focused on ‘Commercial Matters’

LNG development firm Tellurian is disputing rumors that the company is looking to sell following its hire of financial advisory firm Lazard.

Subal: Pockets of Growth Balance Fears of Slowdown

U.S. midstream and energy infrastructure has a mixed outlook for 2024, with a possible loss in demand and stronger focus on renewables offset by solid oil prices and a healthy midstream industry with pockets of growth.

Chatterjee Fund Management Boosts Stake in Tellurian to 7.3%

Chatterjee bought almost 13 million shares between Dec. 13 and Dec. 22, days after Tellurian ousted its chairman and co-founder Charif Souki.

Ex-Tellurian Head Charif Souki to Get Millions in Severance

Charif Souki, who was terminated without cause in early December, will receive millions in compensation including travel benefits, Tellurian said in regulatory filings.

Tellurian’s Charif Souki Out, Replaced by Martin Houston as Board Chair

Tellurian Inc.’s board of directors named Martin Houston as the company’s chairman of the board to replace Charif Souki, who was terminated "without cause."

Looking to Right the Ship, Tellurian Plans to Raise $125MM in Financing

Tellurian Inc., which recently issued a “going concern” warning in its third-quarter SEC filing, wants to raise about $125 million in 2024 for drilling, according to Executive Chairman Charif Souki.

Troubled Tellurian Issues ‘Going Concern’ Warning Amid Losses

Tellurian Inc., which is still eyeing development of the Driftwood LNG export project in Louisiana, issued a frank warning to investors in its third quarter 2023 financial filing “about our ability to continue as a going concern.”

Tellurian Losses Snowball in 2Q, but Driftwood Focus Continues

Houston-based Tellurian Inc. reported a larger net loss in the second quarter 2023 compared to the prior quarter, as well as a 11% decline in its Haynesville Shale production.

A&D Minute: The Midstream M&A Market Heats Up [WATCH]

In this week's A&D Minute, TC Energy sells a stake in its pipelines for $3.9 billion, Endeavor Energy Resources' eye-catching inventory draws suitors and Tellurian pockets $1 billion for just 800 acres.

Tellurian Inks Binding Letter for $1B Acreage Divestment, Leaseback

Tellurian Inc., which is developing the 27.6 mtpa Driftwood LNG project in Lake Charles, Louisiana, inked a binding commitment letter to divest 800 acres of land owned by Driftwood LNG LLC to Blue Owl Real Estate Capital LLC for $1 billion.