Tellurian Inc. (TELL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1201 LOUISIANA STREET HOUSTON, TX 77002 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 59,279 | 106,706 | 149,765 | 474,205 | 607,498 | 823,522 | |||
| Cash and cash equivalents | 59,279 | 106,706 | 149,765 | 474,205 | 607,498 | 823,522 | |||
| Restricted cash and investments | 4,688 | 9,375 | 9,375 | 9,375 | 12,375 | 3,000 | |||
| Prepaid expense | 1,908 | 1,957 | 2,194 | 2,174 | 349 | 454 | |||
| Derivative instruments and hedges, assets | 10,891 | 10,463 | |||||||
| Deposits current assets | 273 | 273 | 270 | 172 | 18,640 | 18,719 | |||
| Other current assets | 6,214 | 6,095 | 1,175 | 1,171 | 93 | 37 | |||
| Other undisclosed current assets | 23,700 | 15,731 | 39,033 | 76,731 | 62,609 | 31,975 | |||
| Total current assets: | 96,062 | 140,137 | 212,703 | 574,291 | 701,564 | 877,707 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 127,143 | 128,060 | 128,977 | 56,708 | 57,002 | 57,295 | |||
| Oil and gas property, successful effort method | 468,351 | ||||||||
| Other noncurrent assets | 71,009 | 71,233 | 83,333 | 63,316 | 57,805 | 54,085 | |||
| Other undisclosed noncurrent assets | 971,556 | 920,820 | 842,089 | 264,017 | 613,911 | 351,855 | |||
| Total noncurrent assets: | 1,169,708 | 1,120,113 | 1,054,399 | 852,392 | 728,718 | 463,235 | |||
| TOTAL ASSETS: | 1,265,770 | 1,260,250 | 1,267,102 | 1,426,683 | 1,430,282 | 1,340,942 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 118,682 | 133,763 | 97,404 | 133,985 | 173,470 | 75,662 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | 5,793 | ✕ | ||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | 396 | 569 | ||
| Accounts payable | 49,955 | 9,867 | 4,805 | 17,407 | 5,123 | ||||
| Accrued liabilities | 118,682 | 83,808 | 87,537 | 129,180 | 149,874 | 69,970 | |||
| Debt | 858 | 163,556 | 163,274 | 162,848 | |||||
| Other undisclosed current liabilities | 36,498 | (6,189) | (569) | ||||||
| Total current liabilities: | 156,038 | 133,763 | 97,404 | 297,541 | 330,555 | 237,941 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 494,061 | 505,466 | 504,978 | 432,171 | 431,559 | 431,106 | |||
| Long-term debt, excluding current maturities | 372,386 | 383,571 | 382,866 | 382,208 | 381,561 | 381,072 | |||
| Finance lease, liability | 121,675 | 121,895 | 122,112 | 49,963 | 49,998 | 50,034 | |||
| Liabilities, other than long-term debt | 45,474 | 21,647 | 19,177 | 24,428 | 27,570 | 18,161 | |||
| Other liabilities | 45,474 | 21,647 | 19,177 | 24,428 | 27,570 | 18,161 | |||
| Total noncurrent liabilities: | 539,535 | 527,113 | 524,155 | 456,599 | 459,129 | 449,267 | |||
| Total liabilities: | 695,573 | 660,876 | 621,559 | 754,140 | 789,684 | 687,208 | |||
| Equity | |||||||||
| Equity, attributable to parent | 570,197 | 599,374 | 645,543 | 672,543 | 640,598 | 653,734 | |||
| Preferred stock | 61 | 61 | 61 | 61 | 61 | 61 | |||
| Common stock | 5,842 | 5,560 | 5,458 | 5,456 | 5,456 | 5,454 | |||
| Additional paid in capital | 1,697,693 | 1,661,735 | 1,648,387 | 1,647,896 | 1,647,015 | 1,645,920 | |||
| Accumulated deficit | (1,133,399) | (1,067,982) | (1,008,363) | (980,870) | (1,011,934) | (997,701) | |||
| Total equity: | 570,197 | 599,374 | 645,543 | 672,543 | 640,598 | 653,734 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,265,770 | 1,260,250 | 1,267,102 | 1,426,683 | 1,430,282 | 1,340,942 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 43,250 | 31,987 | 50,935 | 102,533 | 81,103 | 61,350 | ||
| Cost of revenue | (23,661) | (25,210) | (21,478) | (21,954) | (12,860) | (5,854) | ||
| Gross profit: | 19,589 | 6,777 | 29,457 | 80,579 | 68,243 | 55,496 | ||
| Operating expenses | (53,972) | (63,668) | (62,461) | (69,233) | (62,814) | (47,144) | ||
| Operating income (loss): | (34,383) | (56,891) | (33,004) | 11,346 | 5,429 | 8,352 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 2,431 | 1,454 | 12,343 | 19,789 | (12,718) | (3,821) | ||
| Interest and debt expense | (29,473) | (2,822) | (995) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (61,425) | (55,437) | (23,483) | 30,140 | (7,289) | 4,531 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (3,992) | (4,182) | (4,010) | 925 | (6,944) | (4,566) | ||
| Income (loss) from continuing operations: | (65,417) | (59,619) | (27,493) | 31,065 | (14,233) | (35) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | (14,233) | (35) | |
| Net income (loss) available to common stockholders, diluted: | (65,417) | (59,619) | (27,493) | 31,065 | (14,233) | (35) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (65,417) | (59,619) | (27,493) | 31,065 | (14,233) | (35) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (65,417) | (59,619) | (27,493) | 31,065 | (14,233) | (35) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.