TELL - Is Tellurian Stock a Buy?
2024-06-16 05:25:00 ET
Tellurian (NYSEMKT: TELL) is not an investment for the faint of heart. The energy company is building a liquified natural gas (LNG) export facility called Driftwood, but it won't be operational until 2028. In other words, there are big risks to consider as you think about what the future holds for the company. Some investors may believe those risks are worth taking, but others will prefer to stay on the sidelines when it comes to this stock.
Here are some things to consider as you try to make your own decision.
The world is moving away from dirtier, high-carbon fuels at a time when demand for electricity is increasing. While the fastest-growing part of the energy landscape is likely to remain renewable power sources like solar and wind, those won't be enough to fully power the world. That is why natural gas is increasingly being employed, since it burns more cleanly than coal. Natural gas is something of a transition fuel that's expected to see strong demand for decades to come. It still releases carbon dioxide when burned, but it's a "cleaner" option than coal or oil when it comes to generating electricity.
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Is Tellurian Stock a Buy?