TELL - What's Going On With Tellurian Stock? | Benzinga
Tellurian Inc. (AMEX:TELL) shares are trading higher Tuesday amid reports that the company is in talks with Saudi Aramco and Woodside Energy Group Ltd.to invest in its liquefied natural gas export project in Louisiana.
The Details:
According to a Bloomberg report, sources familiar with the matter said Tellurian has reviewed multiple equity investment offerings from the companies related to its proposed Driftwood LNG plant.
The report also states a potential deal may include MidOcean Energy LLC, a subsidiary of investment firm EIG Global Energy Partners, in which Aramco holds a stake.
Tellurian shares initially spiked 30% on the report, but the stock has given back some of the gains. According to data from Benzinga Pro, 20.79% ...