Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Magellan Petroleum Corporation (TELL) Share Price
Media headlines about Magellan Petroleum Corporation (NASDAQ:TELL) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Magellan Petroleum Corporation earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave press coverage about the oil and gas producer an impact score of 45.1926295030187 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Magellan Petroleum Corporation (TELL) traded down 1.33% on Monday, hitting $9.66. 99,999 shares of the company’s stock traded hands. The stock’s market cap is $2.04 billion. Magellan Petroleum Corporation has a one year low of $4.85 and a one year high of $21.74. The stock has a 50-day moving average of $10.48 and a 200-day moving average of $10.10.
About Magellan Petroleum Corporation
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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