Anyone still holding TELL

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Holding;

No reason to sell now, but if you want to unload the price is likely to rise some tracking natural gas during the winter.

So you still bullish long-term?

I'm not gonna not anywhere on my holdings, just curious if any are still bullish.

I, ~30k shares. Still holding for a couple of reasons:

1. They are gas producers who are cash flow positive and with steady growth on the gas side, currently running two rigs in the HV. They report next week (11/1 I think) so we should hopefully see some good numbers from these high prices. This essentially puts a floor on their stock price, while not pretty it won't go bankrupt.

2. They are still trying to get the facility FID'd which obviously had some serious issues in the past but they have shown a willingness to change strategy. Worst case scenario is they have a fully permitted, prime spot on the Gulf Coast with Bechtel already starting construction that they could sell. There is a line of developers waiting for FERC approval with subpar locations that would probably be interested.

3. While they have dropped the ball, their management team is top notch and extremely highly respected in the industry. If anyone can do it, it will be them.

I'm in the natural gas industry and I would say people still have expectations that it'll happen, now will it be on the terms they wanted? No. But with the right partner, this thing could go. Risk/reward is huge but it's obvious the world will need reliable LNG for decades to come and the US is most stable.

Tellurian Reports 25% Increase in Natural Gas Production for Third Quarter 2022

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President and CEO Octávio Simões said, “Tellurian continues to increase our domestic natural gas production by adding to our footprint, having now a total of 22,420 net acres, interests in 131 producing wells located in the Haynesville Shale, and more than 300 drillable locations*. In addition, Bechtel is continuing construction on the Driftwood terminal, and Tellurian is fully engaged in our efforts to secure strategic equity partners. The underlying market fundamentals strongly support our strategy of seeking the differential value between domestic and international natural gas prices for our shareholders.”

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quote:

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Tellurian reported a net loss of approximately $14.2 million, or $0.03 per share (basic and diluted), for the three months ended September 30, 2022, compared to a net loss of $15.9 million, or $0.04 per share (basic and diluted), in the third quarter of 2021.

Tellurian ended the third quarter of 2022 with approximately $1.4 billion in total assets, including approximately $607.5 million of cash and cash equivalents.

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Results were about what I expected, good to see the increase in production, the continued drilling and some nice cash on hand. No big hints on the facility progress but obviously these would be top secret. Will continue to hold..

Still holding. I’ll ride or die with tell.my entry point is $3.00 got in sometime last year