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StockNews.com
StockNews.com
Business
Anushka Dutta

This Oil & Gas Stock Has Momentum Behind It. But a Sell Rating

Tellurian Inc. (TELL) is a natural gas company focused mainly on developing liquefied natural gas (LNG) production on the United States Gulf Coast and engages in building up infrastructure assets.

U.S. natural gas prices hit a 14-year high this week. The Henry Hub benchmark temporarily topped $10 per million British thermal units. However, as U.S. natural gas exports to Europe have increased, gas prices in the country have become much more vulnerable to various events. The stock has been rallying, driven by the industry tailwinds.

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