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Tellurian Inc. (TELL)

NYSE American - Nasdaq Real-time price. Currency in USD
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2.3400+0.0600 (+2.63%)
At close: 04:00PM EST
2.3600 +0.02 (+0.85%)
After hours: 07:59PM EST
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  • P
    Pandajacket
    The comments on here are honestly hilarious. I am honestly not sure what all the panic is about, nothing has fundamentally changed the share price is just dropping.

    Either driftwood will pan out and this is a chance to buy more or it will stay at these levels for an extended period.

    If you were up substantially in the last few months you should have banked some profits, If you bought in recently and are panicking then you did not understand what you bought.
  • T
    Tom
    The first dividend installment payment on the Tellurian Senior note is due at the end of this month. Base on the current price the Dividend yield is over 9.50% Not bad The senior note is rated BBB+ Callable after: 01/01/1900
    Maturity date: 11/30/2028 Many years of dividends to come
  • J
    J
    check Reuters article on $TELL FOCUS-Global gas rally to kickstart long-stalled U.S. LNG projects. (btw i sold all at 10 and 5 but considering buying back in.
  • P
    Phil
    I prefer this system where you cannot reply and make the comment get voted up. It means that the bears have to work much harder in order to manipulate this board. I'm sure the guys who designed Stocktwits knew about how easy it is to manipulate yahoo boards with a bunch of sockets and IP addresses.
  • T
    Trump
    The only reason TELL is down today was a knee Jeremy reaction to nat gas up 46.5% today. The thought that seed gas would be more money and margins will be narrower between buying it here and selling it overseas. This is only reason. Why people don't understand this is because people don't do research. Gas prices are going to fluctuate here in the US. Overseas they have very little and will stay high for a very long time. All the positive things are still very much in tact for Tellurian.
  • D
    DICK
    Help!
    Please fill me in
    Is the gas processing facility under construction--completed or what ?
    and what are TELL's major headwinds --cash burn ?--debt ? gov't regs etc
    Thanks
  • A
    Albert
    Short covering starts today. Time to buy.
  • k
    kotonk
    Weird. Never seen this before. I can reply but it doesn't show up. And when I check history, someone thumbed down a reply I put in to test, so obviously someone can see that one.
  • L
    L
    Yahoo chat board disabled replies capabilities. This is just sad.
  • P
    P
    I bought another 5 k shares!
  • K
    Kevin
    Can TELL possibly go under $2.00? Simply amazing but every day gets closer and closer to qtr 2 with still no FID in sight. This is ALL ON SOUKI!
  • B
    Ball
    Company has a good vision but it is still uncertain. Sold last month for 100% gain and waiting on the sideline.
  • T
    Timsuzy
    What a huge disappointment this stock has been since recently hitting $5 bucks..
  • W
    WINTA
    Ha Ha, day traders just became long term investors in Tell. Thats what happens
  • K
    Kevin
    Poor Claire Harvey lost nearly $16,000, over 1/3 of her investment IN UNDER ONE MONTH. Wonder if she’s thanking Souki for bringing her on board.
  • P
    Paul
    DOM and WoopspB gave done their best to educate L, Theory, Phil and others on their misguided TELL prognostications. Sad that these neophytes failed to listen to the Board gurus who blindly, cult like, have followed Souki’s used car salesmanship missives. Fortunately, I saw the light months ago (mainly due to WoopspB) and have swing traded this bogus stock into a sizable bankroll. I also recently added a nice ride to my growing collection and am currently looking at a mint GTO convertible which has been totally restored.
  • D
    Dom
    @Phil Yes, there was a time where I was a hopeful Tellurian investor. I got in real early between 0.70 & 0.75 cents and amassed 250k shares at one point. I rode it through two almost 100% pump 'n dumps until I realized what it was. I was like; "okay .... two can play that game" and I traded it, playing the peeks and valley's up until June 2021 and sold out at $5.22. In total an 1100% return. But once I lost faith and knew that it's a scam, I could no longer buy. Since then I've watched investors get "played" like the lemmings they are because they refuse to listen to reason. I did a deep dive into the company and it's board members. Total scammers. Absolutely, positively, 100% this is a Ponzi. But no matter how many times I warn, newbs like you refuse to see it. Like a woman in a bad relationship making excuses for the man that hits her. If you refuse to see it, it's because your cognitive dissonance is getting in the way. There's plenty of money to be made in the Market. Move on and stop kicking this dead horse that is absolutely a scam. You're gonna get wrecked. It's just a matter of time.
  • S
    Simon
    https://www.houstonchronicle.com/b
    ENERGY
    Tellurian investor sues co-founder Charif Souki over millions in losses
    Natalie Posgate, Texas Lawbook
    Updated: Jan. 22, 2022 4 a.m.
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    Charif Souki, Chairman of Tellurian LNG at the corporate offices Friday, Jun. 25, 2021 in Houston, TX.

    Michael Wyke / Contributor

    An investor in Houston-based Tellurian Investments has sued Charif Souki claiming that the co-founder and chairman of the LNG company reneged on a promise to repay the investor tens of millions of dollars in losses after Tellurian’s stock value plummeted.

    The lawsuit, filed by investor Christopher Parker and his company, Red Mango Enterprises, alleges Souki breached a contract with Parker to indemnify him for his losses and fraudulently induced Parker to keep his shares in order to prevent Tellurian stock, which had fallen victim to a short-selling campaign, from dropping even further.

    “Souki was lying, and never planned to fulfill his promise,” says the lawsuit, filed Thursday in Colorado federal court. “Among other things, Souki never even told his bank — from which he had taken out loans including loans secured by Souki’s own Tellurian stock and/or options — that Souki had any liability outstanding to Parker and Red Mango.”

    Tellurian and lawyers for Souki, who resides in Aspen, Colo., did not immediately respond to requests for comment.

    “The lawsuit is significant, and significant to our client, because the executive chairman of a public company made promises to our client about the stock of his company, which had a substantial financial impact on our client,” Boies Schiller Flexner partner Matthew Schwartz, the plaintiffs’ lead lawyer, told The Texas Lawbook. “Charif Souki broke those promises, and in retrospect it appears he never intended to honor them. Because Souki refuses to voluntarily follow through on his commitment, today’s lawsuit asks the court to order him to make good on it.”

    Houston law firm Yetter Coleman has defended Souki in previous litigation matters. In 2020, the firm represented Souki in a high-stakes lawsuit involving Souki, his former company, Cheniere Energy and other parties in a complex dispute in which Tellurian’s Driftwood LNG project and Carl Icahn were central to the facts. The parties struck a deal on the eve of trial, which was set to take place in Harris County District Court.

    FROM THE TOP: Tellurian’s Charif Souki on LNG, going green and the nuclear option

    According to the lawsuit, Parker and Red Mango began investing in Tellurian in early 2017. Over the course of a few years, Parker built his holding in Tellurian, ultimately owning 2 percent of the outstanding common stock of company — personally and through Red Mango.

    Tellurian’s share price in early 2017 was $20.47 per share. But by August 2019, it had dropped to about $5 per share, which led Parker to become concerned about his investment, the lawsuit says. When he told Souki he intended to sell his shares, Souki first sought to persuade Parker to keep his shares by blaming the drop in value on an aggressive short-selling campaign, and when that didn’t work, Souki “then induced Parker” to delay selling his shares by agreeing to indemnify Parker and Red Mango against any losses through the end of 2020, according to the lawsuit.

    Tellurian’s stock value dropped again in early 2020, falling to under $1 per share in mid-March, the lawsuit says, forcing Souki himself to liquidate around 21.99 million shares. A March 5, 2020, SEC disclosure explained that it was part of an involuntary sale that Souki had to make in order to meet loan requirements in connection with a trust owned by Souki that had pledged 26 million shares of Tellurian stock.

    By the end of 2020, the stock price had not recovered, and Parker asked Souki to uphold his end of the agreement to indemnify him and Red Mango, the lawsuit says. Souki asked Parker to hold off selling his shares for another year, and after a February 2021 meeting in Aspen, Parker agreed on the condition that Souki pay interest for the additional period.

    CONFIDENCE REMAINS: Tellurian extends contracts for top executives

    At the meeting, Parker presented a written agreement, and while Souki agreed to the terms, he refused to sign the agreement, explaining that he could not sign a written agreement since he had not disclosed to his bank his liability to Parker and Red Mango, the lawsuit says.

    Parker accepted based on the two having “a long history” and on Parker’s continued faith in Tellurian’s core business model, according to the lawsuit.

    In October 2021, Parker texted Souki to set up a “firm date to close out on the guarantee,” the lawsuit says, but while Souki confirmed that he and Parker had “talked in Aspen,” he did not commit to paying Parker or fulfilling his obligation.

    “Since that date, Parker, on behalf of himself and Red Mango, has demanded that Souki made the payments required of him under the contract,” the lawsuit
    The lawsuit alleges Souki failed to repay losses and induced the investor to keep his...
    The lawsuit alleges Souki failed to repay losses and induced the investor to keep his...
    www.houstonchronicle.com
  • D
    Doug
    The drop before the pop.