|Bid||3.3400 x 3200|
|Ask||3.3600 x 1400|
|Day's Range||2.5200 - 3.5400|
|52 Week Range||0.6700 - 7.9700|
|Beta (5Y Monthly)||3.16|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 23, 2021 - Mar 01, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.54|
Investors need to pay close attention to Tellurian (TELL) stock based on the movements in the options market lately.
Earlier this month, oil giant ExxonMobil (NYSE: XOM) announced that it was going to take a massive $20 billion writedown. A substantial portion of that writedown is tied to a big investment the company made in natural gas a number of years ago that worked out terribly. At the same time, the company's management has decided to prioritize its capital investments going forward, focusing on oil assets it thinks will deliver the best returns.
Tellurian (TELL) withdraws its application to build Permian Global Access Pipeline as the pandemic-induced demand destruction caused the global energy prices to collapse.