Tellurian Inc. (NYSEAMERICAN:TELL) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. decreased its position in shares of Tellurian Inc. (NYSEAMERICAN:TELL) by 34.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,667 shares of the oil and gas producer’s stock after selling 32,583 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Tellurian were worth $61,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Paulson & CO. Inc. increased its stake in shares of Tellurian by 461.7% in the third quarter. Paulson & CO. Inc. now owns 30,000,000 shares of the oil and gas producer’s stock worth $29,040,000 after buying an additional 24,659,337 shares during the last quarter. Oddo BHF Asset Management Sas bought a new stake in Tellurian in the third quarter valued at about $23,023,000. State Street Corp increased its holdings in Tellurian by 46.9% in the third quarter. State Street Corp now owns 22,729,853 shares of the oil and gas producer’s stock valued at $22,002,000 after buying an additional 7,254,477 shares during the last quarter. Millennium Management LLC raised its stake in Tellurian by 174.5% during the second quarter. Millennium Management LLC now owns 14,833,537 shares of the oil and gas producer’s stock valued at $10,274,000 after buying an additional 9,430,606 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Tellurian by 36.1% during the 3rd quarter. Barclays PLC now owns 10,226,856 shares of the oil and gas producer’s stock worth $9,899,000 after buying an additional 2,714,339 shares during the last quarter. Institutional investors and hedge funds own 48.87% of the company’s stock.

Tellurian Trading Up 0.2 %

Shares of NYSEAMERICAN TELL opened at $1.00 on Monday. The firm has a 50 day moving average price of $0.74. Tellurian Inc. has a twelve month low of $0.36 and a twelve month high of $1.07. The company has a market cap of $892.85 million, a P/E ratio of -3.33 and a beta of 2.56. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.38.

Tellurian Profile

Tellurian Inc engages in the natural gas business worldwide. It operates through three segments: The Upstream, The Midstream, and The Marketing & Trading. The company produces, gathers, purchases, sells, and delivers natural gas; acquires and develops natural gas assets; and develops, constructs, and operates liquefied natural gas terminals and pipelines.