Magellan Petroleum Corporation (TELL) Earns Coverage Optimism Rating of 0.18

Media coverage about Magellan Petroleum Corporation (NASDAQ:TELL) has been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Magellan Petroleum Corporation earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave press coverage about the oil and gas producer an impact score of 45.3958025261321 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Magellan Petroleum Corporation (NASDAQ:TELL) opened at 10.50 on Friday. Magellan Petroleum Corporation has a 12-month low of $4.85 and a 12-month high of $21.74. The firm’s market capitalization is $2.21 billion. The company’s 50-day moving average price is $9.26 and its 200 day moving average price is $10.48.

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Magellan Petroleum Corporation Company Profile

Tellurian Inc, formerly Magellan Petroleum Corporation, is an oil and gas exploration and production company. The Company focuses on the development of liquefied natural gas (LNG) projects along the United States Gulf Coast through its subsidiary, Tellurian Investments Inc The Company owns interests in the Horse Hill-1 well and related licenses in the Weald Basin, onshore the United Kingdom, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia.

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