Tellurian Upstream Sale: On To Greener Pastures
Novi
MAY 31, 2024
We ran a scenario analysis that ranged from ~$140MM up to ~$415MM with a median case of $260MM, relatively close to the actual closing price of $264.5MM. As a result, we came in relatively low on the valuation. For investors, it was an unwanted side project; with the asset sold, the company can focus on Driftwood. Mcf range.
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