TBN
Tamboran Resources CorporationTBN
TBN
About: Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory.
Employees: 39
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
30% more capital invested
Capital invested by funds: $43.6M [Q2] → $56.6M (+$12.9M) [Q3]
19% more funds holding
Funds holding: 16 [Q2] → 19 (+3) [Q3]
0.76% more ownership
Funds ownership: 18.82% [Q2] → 19.58% (+0.76%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$31
22%
upside
Avg. target
$36
42%
upside
High target
$41
61%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
RBC Capital Scott Hanold 65% 1-year accuracy 30 / 46 met price target | 22%upside $31 | Sector Perform Reiterated | 9 Jan 2025 |
Piper Sandler Mark Lear 50% 1-year accuracy 85 / 171 met price target | 61%upside $41 | Overweight Maintained | 23 Dec 2024 |
Financial journalist opinion
Neutral
Business Wire
3 days ago
EP 98 Operational Update: Commencement of SS-2H ST1 and SS-3H stimulation campaign
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said: “We are excited to commence the stimulation program for the SS-2H ST1 and SS-3H wells in the Beetaloo Basin with Liberty Energy's modern stimulation equipment. The increased horsepower of this equipment is expected to deliver a step change in stimulation efficiency and proppant intensity compared to previous wells completed in the Basin. “This stimulation campaign is planned to be the largest.
Neutral
Business Wire
4 days ago
Tamboran and Santos execute MOU to progress studies for Darwin LNG expansion
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said: “The MOU between Tamboran and Santos aims to explore commercialization options for the development of DLNG Train 2 utilizing natural gas supplied from the extensive prospective gas resources within the Beetaloo Basin. “With approximately two million net prospective acres across the Beetaloo Basin, Tamboran holds significant gas resources capable of supplying Northern Territory and Australia's.
Positive
Proactive Investors
1 month ago
Tamboran Resources drills Shenandoah South-3H to total depth in just 25 days
Tamboran Resources Corporation (NYSE:TBN, ASX:TBN) has successfully drilled, cased and cemented the Shenandoah South 3H (SS-3H) well's 5-½-inch casing, achieving a total depth of 21,169 feet (6,452 metres) within Beetaloo Basin exploration permit EP 98 in Australia's Northern Territory. The well was drilled in just 25 days with an average drilling rate of 843 feet per day, 10 days and 43% faster than the SS-2H well, the only other well drilled to more than 20,000 feet.
Neutral
Business Wire
1 month ago
Tamboran enters binding agreements with APA to deliver the Sturt Plateau Pipeline
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said: “We continue to secure key agreements necessary to commence gas production from our proposed Shenandoah South Pilot Project in the first half of 2026. Gas volumes from the Pilot Project will be supplied to the Northern Territory Government through a binding GSA for up to 15.5 years, facilitated by the APA- operated SPP. “With natural gas s.
Neutral
Business Wire
2 months ago
Tamboran Schedules 1Q FY25 Earnings Release and Webcast
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) plans to release the Company's fourth quarter earnings and operational update before NYSE market opens on Tuesday November 12, 2024. Managing Director and Chief Executive Officer, Mr. Joel Riddle will host a webcast commencing at 8:00am ET to provide an update on the Company's operations in the Beetaloo Basin. This will be followed by a short Q&A session with analysts. Access to the live audio webcast for the co.
Neutral
Business Wire
4 months ago
Tamboran Schedules Fourth Quarter and FY24 Earnings Release and Webcast
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) plans to release the Company's fourth quarter earnings and operational update before NYSE market opens on Friday September 20, 2024. Managing Director and Chief Executive Officer, Mr. Joel Riddle will host a webcast commencing at 8:00am ET to provide an update on the Company's operations in the Beetaloo Basin. This will be followed by a short Q&A session with analysts. Access to the live audio webcast for the co.
Neutral
Business Wire
4 months ago
EP 98 Operational Update: Tamboran Commence Shenandoah South Pilot Project drilling program
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said: “We are excited to commence our 2024 Beetaloo Basin drilling program, which includes the longest horizontal wells drilled in the Beetaloo Basin to date. With up to 120 stimulation stages to be completed across the two wells, this will be the largest single campaign in the basin to date. “With the new Liberty stimulation equipment being mob.
Negative
Benzinga
5 months ago
Snowflake, JD.com And Temu Parent PDD Are Among Top 8 Large Cap Losers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?
These eight large-cap stocks were the worst performers in the last week. Are they in your portfolio?
Neutral
Business Wire
5 months ago
Tamboran Announces Partial Exercise of Underwriters' Over-Allotment Option
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE:TBN): Further details A registration statement on Form S-1 relating to the proposed offering was declared effective by the U.S. Securities and Exchange Commission on June 26, 2024. Copies of the prospectus relating to the proposed offering may be obtained, when available, from: BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attention: Prospectus Department, by telephone at 1-800-294-1322, or.
Positive
Seeking Alpha
6 months ago
U.S. IPO Weekly Recap: 2Q IPO Market Closes Out With Sizable Pricings And Pipeline Additions
The IPO market closed out June with four deals, three of which raised $100+ million. In the pipeline, nine companies submitted initial filings, led by what could be the largest IPO of 2024 to date. Web comic platform WEBTOON Entertainment (WBTN) led the week's deals, pricing at the high end to raise $315 million at a $2.8 billion market cap.
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