GBA Presents: THE BARE ESSENTIALS

Biden talking now. He should just fly into Ukraine.

With one of those jet suits. That would really send a message.

I have top do my damn taxes. I've put it off and put it off. I just saw a talking head on TV who knew a lot about energy. He highlighted EQT, LNG, two big Nat Gas plays and interestingly threw out a $4 stk that hasn't started up yet....

TELL?
 
  • Tellurian announced they will start construction on the Driftwood LNG facility in April 2022.
  • Phase 1 of construction will allow 550 bcf of capacity to flow through the Driftwood facility generating billions upon billions in annual cash from operations.
 
Tellurian ended FY21 with approximately $305.5M in cash 02/23 TELL Tellurian ended its 2021 fiscal year with approximately $305.5M in cash and cash equivalents and maintained a strong balance sheet consisting of approximately $621.8M in total assets. Tellurian generated approximately $71.3M in revenues from natural gas and LNG sales and reported a net loss of approximately $114.7M, or 28c per shar , for the year ended December 31.
 
Tellurian "on the verge" of sanctioning Driftwood LNG
Mar. 16, 2022 3:13 PM ETTellurian Inc. (TELL)LNG, TTE

  • Tellurian (NYSE:TELL) Chairman Charif Souki said the company is on the verge of sanctioning Driftwood LNG in coming weeks, according to Reuters.
  • Driftwood lost commercial momentum during the pandemic-related downturn in fossil fuel prices; an offtake agreement with Total (TTE) was terminated, and the French super major liquidated its substantial stake in Tellurian (TELL).
  • However a recent run up in European natural gas prices, and subsequent spike following war in Ukraine, has provided a favorable backdrop for negotiating offtake agreements and project financing.
  • Souki says Tellurian (TELL) is "sold out" and will finance remaining expansion costs through cash flow, rather than signing additional offtake agreements.
  • Cheniere (LNG), Souki's former employer, has performed well on the back of a strong LNG market; however, Tellurian (TELL) has struggled in recent years, as the company has so far failed to get its Driftwood LNG project off the ground.
 
Here is one more we have to buy. I'm afraid.

US Foods Holding Corp. (USFD)-
36.95+0.65 (+1.79%)
At close: 04:00PM EDT
38.32 +1.37 (+3.71%)<-------------
After hours: 04:40PM EDT
 
GBA Correctly made Bottom calls on quite a few stocks. One was PLTR.>
Look how the stk actually is over it's 50 day now. And the room to the 200 day is large.

Palantir Technologies Inc. (PLTR)
13.39+0.21 (+1.59%)


50-Day Moving Average 12.84
200-Day Moving Average 20.64
 
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