Tellurian's Asset Sale to Woodside Energy: A Mixed Outcome for Shareholders

Tellurian, the company behind the Driftwood LNG project in Louisiana, is set to be acquired by Woodside Energy for $1.2 billion, ending a tumultuous period for investors. While the deal offers some relief to Tellurian's shareholders, who have endured high investment costs and uncertainty, it is bittersweet given the limited upside in the post-sale company. Woodside, on the other hand, takes on a substantial risk but maintains a track record that could potentially yield significant value for its investors.