Total and Tellurian Finalize Driftwood Equity Investment and LNG Purchase Agreements
Tellurian Inc. (TELL)
Last tellurian inc. earnings: 2/24 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.tellurianinc.com
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that it has entered into definitive agreements with Total Delaware, Inc. (Total) and Total Gas & Power North America, Inc. (Total Gas & Power), subsidiaries of Total S.A., for Total Gas & Power to purchase one million tonnes per annum (mtpa) of liquefied natural gas (LNG) from the Driftwood LNG terminal (Driftwood) and for Total to invest $500 million in Driftwood Holdings LP. In addition, Tellurian and Total Gas & Power entered into a definitive sales and purchase agreement for an additional 1.5 mtpa of LNG from Tellurian’s LNG offtake volumes from Driftwood. The SPA is for the purchase of LNG free on board at a price based on the Platts Japan Korea Marker. The definitive agreements are consistent with the terms contemplated by the Heads of Agreement announced on April 3, 2019, and are subject to certain closing conditions, including the final investment decision (FID) to construct Driftwood.Presi
Show less
Read more
Impact Snapshot
Event Time:
TELL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TELL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TELL alerts
High impacting Tellurian Inc. news events
Weekly update
A roundup of the hottest topics
TELL
News
- Gas Tycoon Charif Souki Owes Lenders $100 Million, Judge Rules [Yahoo! Finance]Yahoo! Finance
- Gas Tycoon Charif Souki Owes Lenders $100 Million, Judge Rules [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Gas Tycoon Charif Souki Owes Lenders $100 Million, Judge Rules [BNN Bloomberg (Canada)]BNN Bloomberg
- Tellurian Executive Chairman ‘Encouraged' by Progress [Yahoo! Finance]Yahoo! Finance
- Tellurian Makes Leadership Changes [Yahoo! Finance]Yahoo! Finance
TELL
Earnings
- 11/2/23 - Miss
TELL
Sec Filings
- 3/22/24 - Form 3
- 3/22/24 - Form 8-K
- 3/18/24 - Form 8-K
- TELL's page on the SEC website