Aethon Energy Management LLC agreed to acquire Integrated upstream assets of Tellurian Inc (NYSEAM:TELL) for approximately $260 million on May 29, 2024. Tellurian will use the proceeds to reduce borrowings and for general corporate purposes and the transaction is expected to close during the second quarter of 2024. Lazard, Inc acted as financial advisor and Akin Gump Strauss Hauer & Feld LLP acted as legal advisor to Tellurian Inc. Gibson, Dunn & Crutcher LLP acted as a legal advisor to Gibson, Dunn & Crutcher LLP to Aethon Energy Management LLC.
Real-time Estimate
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5-day change | 1st Jan Change | ||
0.665 USD | -3.98% |
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-5.97% | -10.40% |
03:36pm | Tellurian Sells Upstream Assets to Aethon Energy, Retires Senior Notes Due 2025 | MT |
06-05 | Saudi Aramco in Talks With U.S. LNG Companies to Boost Gas Profile, Reuters Reports | DJ |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
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-10.53% | 579M | |
+5.36% | 288B | |
+72.31% | 141B | |
-1.15% | 134B | |
+12.27% | 75.86B | |
+4.99% | 72.34B | |
+5.59% | 55.88B | |
+2.76% | 45.3B | |
-9.05% | 35.74B | |
+31.52% | 35.7B |
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- Aethon Energy Management LLC agreed to acquire Integrated upstream assets of Tellurian Inc for approximately $260 million.