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The quarterly what’s going on with Tellurian thread? It seems to be slowly and steadily ^

Posted on 3/15/24 at 11:56 am
Posted by caill430
Da Dirty Dell
Member since Jul 2005
1101 posts
Posted on 3/15/24 at 11:56 am
Will this steady rise hold? Driftwood continues to be built as far as I can see.
Posted by Bow08tie
Louisiana
Member since Oct 2011
4220 posts
Posted on 3/15/24 at 12:51 pm to
This one ain't a quicky like most desire it's a long hold.
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8493 posts
Posted on 3/15/24 at 12:58 pm to
This is when I start to think "HERE WE GO!!!" when I really should be thinking "Sell and get ready for the dip", but I don't want to be wrong this time if it keeps going up
Posted by caill430
Da Dirty Dell
Member since Jul 2005
1101 posts
Posted on 3/15/24 at 3:08 pm to
I remember there was someone that posted they had 15K shares. I wonder if they held when the price dropped
Posted by Clint Torres
Member since Oct 2011
2659 posts
Posted on 3/15/24 at 4:30 pm to
I could have accumulated half a million shares by swing trading this one.
Posted by PGAOLDBawNeVaBroke
Member since Dec 2023
600 posts
Posted on 3/15/24 at 5:51 pm to
I know someone who just jumped ship from there…not looking good amigo and nat gas is a disaster for the foreseeable future. Driftwood ain’t happening, they are headed to BK if you ask me
This post was edited on 3/15/24 at 5:54 pm
Posted by SulphursFinest
Lafayette
Member since Jan 2015
8723 posts
Posted on 3/16/24 at 7:45 am to
I had around 7,000 shares. Was up $30k and didn’t sell like an idiot.

Got rid of most of the shares for a SMALL profit. Now I’m stuck holding 1300 shares
Posted by JDPndahizzy
JDP
Member since Nov 2013
6420 posts
Posted on 3/18/24 at 10:24 am to
Down 15% today...Announced New Management..

quote:

Executive Vice President and President of Driftwood Assets, Samik Mukherjee, has been appointed President of Tellurian Investments, and has responsibility for the development of all Tellurian’s assets, including upstream, Driftwood LNG and pipeline, as well as permitting, safety and asset integrity.

Daniel Belhumeur, President of Tellurian Inc., retains accountability for finance, investor relations, legal, public and government affairs and human resources.

Presidents Samik Mukherjee and Daniel Belhumeur will jointly manage Tellurian’s commercial activities as we integrate our commercial activities with future operational execution and optimization.

Tellurian Chief Executive Officer Octávio Simões will move into an advisory role, and as previously announced, is to retire in June 2024.

Executive Chairman Martin Houston said, "Since December, our focus has been on delivering value for our shareholders and customers and Tellurian’s recent activities support that focus. We are now further aligning our internal resources to better serve these changes. Both Samik and Daniel are experienced leaders, and I have the utmost confidence they will thrive in their added responsibilities."

Houston added, "I am encouraged by Tellurian’s progress in the last few months and we will continue to focus on delivering Driftwood LNG. We are grateful for Octávio’s guidance over the past several years. He has helped position Tellurian for the future, and we wish him the best of fortune as he transitions to retirement."
Posted by CheesyF
Member since May 2017
389 posts
Posted on 3/18/24 at 10:30 am to
other important announcement LINK:

quote:

However, in a SEC filling dated March 15 Tellurian said the company’s engagement with Lazard has been expanded from the previously announced exploration of the sale of the company’s upstream natural gas assets.

It now includes a “broader spectrum of opportunities, including, but not limited to, alternative debt and equity financings, the sale of equity interests in Driftwood or Tellurian, a potential sale of the company, assisting in securing commercial partners, positioning Tellurian in the public markets and with other stakeholders, and providing other strategic guidance to the board of directors of the company.”

Tellurian also said it may sell up to $366.1 million worth of shares from time to time via a deal with distribution agency Virtu Americas.
Posted by Deepwood
Member since Sep 2023
33 posts
Posted on 3/18/24 at 10:36 am to
Had a fun ride up from $.44…. Sold it all when I read that this morning.
Posted by Beessnax
Member since Nov 2015
9130 posts
Posted on 3/18/24 at 12:56 pm to
quote:

potential sale of the company,


Whats going to happen. Everything else is just smoke and mirrors
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8493 posts
Posted on 3/18/24 at 1:25 pm to
quote:

This is when I start to think "HERE WE GO!!!" when I really should be thinking "Sell and get ready for the dip",


Posted by JDPndahizzy
JDP
Member since Nov 2013
6420 posts
Posted on 3/18/24 at 2:21 pm to
25% down now from opening..
Posted by Pierre
Baton Rouge
Member since Nov 2005
5279 posts
Posted on 3/18/24 at 2:40 pm to
quote:

This is when I start to think "HERE WE GO!!!" when I really should be thinking "Sell and get ready for the dip",


Haha! I got excited when I saw the blurb this morning. Seems like a sell is possible and secure funding for the driftwood to move forward. But I guess securing debt and stock dilution are bigger concerns right now so we are getting crushed? Is that right or am I missing something else?
Posted by Texas Tea 123
Member since Sep 2017
207 posts
Posted on 3/18/24 at 3:42 pm to
TELL is dead guys, give it up, I told you this years ago
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