Magellan Petroleum Corporation (TELL) Getting Somewhat Favorable Media Coverage, Report Finds

Press coverage about Magellan Petroleum Corporation (NASDAQ:TELL) has trended somewhat positive on Wednesday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 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 nearest to one being the most favorable. Magellan Petroleum Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 45.1119872222665 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Magellan Petroleum Corporation (NASDAQ TELL) opened at 11.20 on Wednesday. The stock has a 50 day moving average of $10.15 and a 200-day moving average of $10.16. The firm’s market capitalization is $2.36 billion. Magellan Petroleum Corporation has a 12-month low of $4.85 and a 12-month high of $21.74.

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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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