Alliance Global Partners initiated coverage on Tamboran Resources with a new price target
$TBN
Oil & Gas Production
Energy
Alliance Global Partners initiated coverage of Tamboran Resources with a rating of Buy and set a new price target of $32.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/21/2025 | $32.00 | Buy | Alliance Global Partners |
| 7/23/2024 | $47.00 | Buy | Johnson Rice |
| 7/22/2024 | $32.00 | Buy | Citigroup |
| 7/22/2024 | $31.00 | Sector Perform | RBC Capital Mkts |
| 7/22/2024 | $41.00 | Overweight | Piper Sandler |
Highlights Tamboran has commenced stimulation activities of the Shenandoah South 2H sidetrack (SS-2H ST1) and 3H (SS-3H) wells in Beetaloo Basin exploration permit EP 98. The Company is planning to pump up to 119 stimulation stages across the two wells with reduced spacing between stages. The SS-2H ST1 well is planned to include 43 stages over a 5,427-foot (1,654-metre) horizontal section and the SS-3H well is planned to include 76 stages over a 9,766- foot (2,977-metre) horizontal section. The campaign is being conducted with the Liberty Energy (NYSE:LBRT) modern stimulation equipment, which is the first 80,000 hydraulic horsepower (HHP) frac spread imported into the Beetaloo Basi
Highlights Tamboran Resources Corporation and Santos Limited (ASX: STO) have entered into a non-binding Memorandum of Understanding (MOU) to undertake technical studies relating to a potential Darwin LNG (DLNG) Train 2 expansion and collaborative work on the jointly owned EP 161 acreage (Santos 75% operator, Tamboran 25%) in the Beetaloo Basin. The goal of the studies is to evaluate options for supplying natural gas to a potential expansion train at the existing DLNG facility at Middle Arm. DLNG was approved to a nominal 10 million tonnes of LNG per annum (MTPA), with this expansion opportunity up to ~6 MTPA. Santos is the operator of the existing DLNG project with a 43.4% working
Highlights Tamboran Resources Corporation and Daly Waters Energy, LP (DWE) have entered into binding agreements with APA Group (ASX: APA) whereby APA will build, own and operate the 12-inch diameter Sturt Plateau Pipeline (SPP) for the proposed Shenandoah South (SS) Pilot Project. The 23-mile (37 kilometre) SPP will connect the proposed Sturt Plateau Compression Facility (SPCF) to the existing APA-owned Amadeus Gas Pipeline (AGP), the delivery point for gas volumes under the Gas Sales Agreement (GSA) with the Northern Territory Government. Tamboran and DWE have contracted all foundation capacity on the SPP from the commencement of operations until at least 2041, which reflects the
8-K - Tamboran Resources Corp (0001997652) (Filer)
8-K - Tamboran Resources Corp (0001997652) (Filer)
DEF 14A - Tamboran Resources Corp (0001997652) (Filer)
4/A - Tamboran Resources Corp (0001997652) (Issuer)
4/A - Tamboran Resources Corp (0001997652) (Issuer)
4/A - Tamboran Resources Corp (0001997652) (Issuer)
SC 13G - Tamboran Resources Corp (0001997652) (Subject)
SC 13G - Tamboran Resources Corp (0001997652) (Subject)
SC 13D - Tamboran Resources Corp (0001997652) (Subject)
4 - Tamboran Resources Corp (0001997652) (Issuer)
4/A - Tamboran Resources Corp (0001997652) (Issuer)
4/A - Tamboran Resources Corp (0001997652) (Issuer)
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 conference call is available via Tamboran's website at https://ir.tamboran.com/. A recording of the webcast will be available on the Tamboran Resources website following completion of the presentation. Time: 8:00am EST (Ne
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 conference call is available via Tamboran's website at https://ir.tamboran.com/. A recording of the webcast will be available on the Tamboran Resources website following completion of the presentation. Time: 8:00am ET (New
Alliance Global Partners initiated coverage of Tamboran Resources with a rating of Buy and set a new price target of $32.00
Johnson Rice initiated coverage of Tamboran Resources with a rating of Buy and set a new price target of $47.00
Citigroup initiated coverage of Tamboran Resources with a rating of Buy and set a new price target of $32.00