Why 2019's Losses Don't Mean Much for Tellurian and NextDecade
Up-and-coming energy companies Tellurian (NASDAQ: TELL) and NextDecade (NASDAQ: NEXT) have a lot of similarities. Both hope to grow into major exporters of U.S. liquefied natural gas (LNG). Both have scored some wins and experienced some setbacks in their quests to do so. And both reported big net losses for 2019 in their most recent annual SEC reports.
Tellurian filed its 2019 10-K on Feb. 24, and issued a brief press release as it did so. Meanwhile, NextDecade quietly made its filing on March 3. Neither company held an earnings call, not that investors would have learned much of importance from the results.
Here's why these underwhelming numbers from both companies shouldn't matter much to investors.
Source Fool.com
