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Tellurian Finally Makes Some Meaningful Progress. Time to Buy the Beaten-Down Energy Stock?
TELLTellurian(TELL) fool.com·2024-05-30 18:08

Tellurian is selling its upstream assets to a company that will support its Driftwood project. Tellurian (TELL -10.31%) has struggled mightily in recent years. Falling natural gas prices and surging interest rates have had a significant impact on its plan to build an integrated natural gas production and export business. Those issues have weighed heavily on its stock, which is down more than 90% from its peak in 2022. However, Tellurian is finally making some progress on its turnaround plan. It has agreed t ...