secwatch.observer — SEC 8-K summary
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Issuer:     TELLURIAN INC. /DE/ (—)
CIK:        0000061398
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000061398-24-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tellurian Q1 net loss widens to $44M on lower nat gas revenues; Driftwood permits extended
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- Q1 revenue $25.5M, down 50% YoY from $50.9M; net loss $44M ($0.06/sh) vs $27.5M loss ($0.05/sh).
- Driftwood LNG received FERC and Army Corps permit extensions through 2029.
- Cash and equivalents $51.8M; total assets $1.3B as of March 31, 2024.
- Executive Chairman cites focus on stability, financial discipline, and improving balance sheet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/61398/000006139824000024/0000061398-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61398/000006139824000024/tell-20240502.htm
  HTML page:      https://secwatch.observer/filing/0000061398-24-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer