Note: Those contracts present weakness with only 10-year agreements, whereas regular contracts used to finance previous US LNG terminals were 20-year agreements. The remaining 2 million tonnes are still committed to Tellurian, even though that Tellurian's Charif Souki could have negotiated a deal with Chevron Corp ( CVX) but rejected the idea as being uneconomical. Tellurian signed 10-year agreements to sell 3 million tonnes per annum of LNG with commodity traders Vitol and Gunvor Group and in July 2021 with Shell PLC ( SHEL) for 3 million tonnes per annum of LNG. So far, on the bright side, the company has found enough contracts to allow for a reduced project called project I. Tellurian Inc.'s primary goal is to finance its $12 billion Driftwood LNG processing and export complex project along the Gulf Coast after the Driftwood LNG project was scaled down in 2020. Tellurian production is now generating free cash flow after capex and we intend to maintain capex at approximately $150 million a year. We are nearing net production of 100 million cubic feet equivalent per day (mmcfe/d) and plan to reach 200 mmcfe/d by year end. Tellurian's own natural gas production and sales provide valuable operating cash and a unique advantage to us as a liquefied natural gas supplier. President and CEO Octavio Simoes said in the release: As a reminder, Tellurian had 96 million outstanding shares at the end of 2016. Shares outstanding diluted jumped 37.75% to 491.34 million from 356.68 million in 1Q21. Revenues for the quarter were $146.94 million with a net loss of $66.61 million, or $0.14 per diluted share, compared with an $8.71 million loss during the same period a year earlier. Note: This article is an update of my article published on January 4, 2022. ( NYSE: TELL) reported its first-quarter 2022 results on May 4, 2022. For example, if you’re approaching retirement we can project how much money you will have during retirement and then calculate if that money will last throughout your life while factoring in future taxes, inflation and the projected rate of return on your portfolio.Īnalyzing your cash flow throughout the year will help you monitor your retirement income so you can make sure you’re bringing in more cash than you’re spending.Iurii Garmash/iStock via Getty Images Presentation How We Perform a Cash Flow Analysisįinancial professionals analyze your cash flow by looking at all of your income sources, fixed expenses, discretionary expenses, taxes and savings. This allows us to get a better understanding of your financial situation and gives our financial planning team the ability to project future scenarios. To engage in the process of cash flow management it involves understanding the components that make up where money comes from, where it goes and what choices are appropriate to meet your lifestyle goals. What is Cash Flow?Ĭash flow refers to the in and out motion of money. Life expectancy continues to increase, adding more years in retirement and healthcare costs continue to rise putting many at risk of outliving their assets.īy analyzing your cash flow situation, our financial planning team is able to calculate if you’re on track for retirement so you can have that peace of mind. If your cash flow projections are not on track, we can help get you there through with a comprehensive financial plan. A common fear among baby boomers is running out of money.
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