Rhea-AI Summary
Tellurian Inc. (NASDAQ: TELL) has made significant strides in its integrated global natural gas business during Q3 2020. The company raised $32.8 million in net proceeds by issuing common stock, while reducing debt by $33.9 million. Natural gas production remained stable at approximately 4.1 Bcfe, with sales increasing to $7.3 million. The balance sheet shows approximately $77.9 million in cash and $293.3 million in total assets. However, Tellurian incurred a net loss of approximately $29.4 million for the quarter.
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Rhea-AI Sentiment
End-of-Day
2.27%
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FAQ
What is the current stock price of Tellurian (TELL)?
Tellurian (TELL) last closed at $0.999.