Tellurian (NASDAQ:TELL) posted its quarterly earnings data on Wednesday. The oil and gas producer reported ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.05), Briefing.com reports. The firm had revenue of $9.34 million during the quarter, compared to analysts’ expectations of $13.60 million. Tellurian had a negative net margin of 1,074.80% and a negative return on equity of 48.80%.
Shares of TELL stock traded down $0.07 during trading hours on Friday, hitting $7.41. 33,950 shares of the company were exchanged, compared to its average volume of 812,818. The firm has a fifty day simple moving average of $8.13 and a 200 day simple moving average of $7.78. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.24. Tellurian has a 52-week low of $5.12 and a 52-week high of $11.80. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of -12.98 and a beta of 1.82.
Several equities research analysts have commented on TELL shares. Evercore ISI started coverage on shares of Tellurian in a research note on Tuesday, September 17th. They issued an “outperform” rating and a $14.00 price objective for the company. Stifel Nicolaus lowered shares of Tellurian from a “buy” rating to a “hold” rating and decreased their price target for the stock from $16.00 to $9.00 in a research note on Tuesday, July 16th. ValuEngine upgraded shares of Tellurian from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. Morgan Stanley started coverage on shares of Tellurian in a research note on Friday, September 20th. They set an “underweight” rating and a $6.00 price target for the company. Finally, Raymond James decreased their price target on shares of Tellurian from $13.00 to $12.00 and set an “outperform” rating for the company in a research note on Tuesday, August 27th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. Tellurian has an average rating of “Hold” and a consensus price target of $12.33.
Tellurian Inc plans to develop, own, and operate a natural gas business and to deliver natural gas to customers worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) marketing, and infrastructure assets that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline in southwest Louisiana.
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