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. Bcf/d after dropping from ~15 Bcf/d down to only 12.9 Bcf/d in Q1/24. The deal is good for the company despite the market reacting poorly to the sale price.
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