Tellurian Upstream Sale: On To Greener Pastures
Novi
MAY 31, 2024
Aethon has agreed to purchase Tellurians upstream assets for (US) $260MM below street estimates, which ranged from $270MM to $500MM. Despite the market’s dislike of the purchase price, Tellurians upstream assets were in the middle of the pack. The deal is good for the company despite the market reacting poorly to the sale price.
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