Date | Price Target | Rating | Analyst |
---|---|---|---|
5/28/2025 | $36.00 | Outperform | Northland Capital |
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 |
Tamboran Resources Corporation (NYSE:TBN, ASX: TBN)) plans to release the Company's third quarter earnings and operational update after NYSE market closes on Wednesday, May 14, 2025 (US time). Managing Director and Chief Executive Officer, Mr. Joel Riddle will host a webcast commencing at 6:00pm EDT 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:
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
Highlights Tamboran Resource Corporation has appointed Mr. Jeff Bellman as Non-Executive Directors to its Board, effective May 2, 2025. Mr. Bellman brings a 33-year track record in the investment management industry, with a specific focus on analysing and investing in the global public oil and gas sector. Throughout his career, Mr. Bellman has managed equity portfolios across a wide spectrum of market capitalizations and cultivated strong relationships with management teams across multiple energy cycles. The Tamboran Board has also appointed Mr. Bellman to the Audit & Risk and Sustainability Committees. Tamboran Resources Corporation (NYSE:TBN, ASX: TBN)): Tamboran Resources Corp
Highlights Tamboran Resource Corporation has closed the first tranche of its previously announced Private Investment Public Equity (PIPE) of Common Stock (First Tranche) to fund ongoing drilling activities to reach plateau production from the proposed SS Pilot Project. Tamboran expects to receive gross proceeds of approximately US$55.4 million upon closing of the second tranche of the PIPE (Second Tranche), before deducting placement agent fees and other offering expenses. Pursuant to the closing of the First Tranche, the Company has issued 2,180,515 shares of Common Stock at US$17.74 per share to raise approximately US$38.7 million for the Company. Bank of America acted as the sol
Falcon Oil & Gas Ltd. Beetaloo Operational Update – Stimulation Campaign & Remaining Shenandoah South Pilot Project 14 May 2025 – Falcon Oil & Gas Ltd. (TSXV:FO, AIM: FOG)) notes the press releases from Tamboran Resources Corporation (NYSE:TBN, ASX: TBN)) ("Tamboran") issued on 13 May 2025. Tamboran's announcements confirmed: the commencement of flow testing at the Shenandoah S2-2H ST1 ("SS-2H ST1") well in the Beetaloo Sub-basin, Northern Territory, Australia;agreements entered to complete a US$55.4 million private placement and a US$15 million asset sale (at US$150/acre) to provide Tamboran with necessary funding to drill three wells commencing in mid-2025 and stimulate four wells (inc
Highlights Tamboran and Daly Waters Energy, LP (DWE) have signed a binding agreement to finalize the checkerboard of the joint acreage position across EPs 76, 98 and 117. In conjunction with the checkerboard, Tamboran and DWE have entered into a binding agreement whereby DWE will acquire a non-operating and non-controlling interest in 100,000 acres within two areas for a consideration of US$15 million. The transaction is subject to certain conditions precedent and regulatory approvals. On completion, Tamboran will have retained approximately 1.9 million net prospective, development-ready acres across the Beetaloo Basin. Tamboran has reserved 406,693 gross acres as its Phase 2 Develo
Highlights Tamboran Resource Corporation has entered into subscription agreements to issue approximately 3.1 million shares of Common Stock in a Private Investment in Public Equity (PIPE) to institutional investors at a price of US$17.74 per share, representing a 15% discount to the closing price on May 12, 2025. Tamboran expects to receive gross proceeds of approximately US$55.4 million, before deducting placement agent fees and other offering expenses. The initial US$44.4 million of the PIPE is expected to close on Friday May 16, 2025, subject to the satisfaction of customary closing conditions. The closing of the remaining US$11.0 million is subject to approval by Tamboran's sharehol
Highlights Tamboran Resource Corporation has appointed Mr. Jeff Bellman as Non-Executive Directors to its Board, effective May 2, 2025. Mr. Bellman brings a 33-year track record in the investment management industry, with a specific focus on analysing and investing in the global public oil and gas sector. Throughout his career, Mr. Bellman has managed equity portfolios across a wide spectrum of market capitalizations and cultivated strong relationships with management teams across multiple energy cycles. The Tamboran Board has also appointed Mr. Bellman to the Audit & Risk and Sustainability Committees. Tamboran Resources Corporation (NYSE:TBN, ASX: TBN)): Tamboran Resources Corp
Tamboran Resources Corporation (NYSE:TBN, ASX: TBN)) advises that Ms. Stephanie Reed has resigned as a Non-Executive Director of Tamboran's Board of Directors to focus on other business interests. Ms. Reed has been a valued member of the Company's Board since September 2023, serving on the Compensation and Sustainability Committees of the Board, and supporting the successful listing of Tamboran on the NYSE in June 2024. The Board would like to thank Ms. Reed for her dedication and commitment during her tenure and extends its best wishes for her future endeavours. Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said: "On behalf of the Board and the Tamboran team, I
Tamboran Resources Corporation (NYSE:TBN, ASX: TBN)) plans to release the Company's third quarter earnings and operational update after NYSE market closes on Wednesday, May 14, 2025 (US time). Managing Director and Chief Executive Officer, Mr. Joel Riddle will host a webcast commencing at 6:00pm EDT 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:
Highlights Tamboran Resources successfully completed stimulation activities over 35 stages across a 5,483-foot (1,671-metre) horizontal section in the Mid Velkerri B Shale within the Shenandoah South 2H sidetrack (SS-2H ST1) well. The stimulation was conducted using the Liberty Energy (NYSE:LBRT) modern stimulation equipment. The SS-2H ST1 completion operations achieved five stages over a 24-hour period on multiple days, exceeding previous Beetaloo Basin records. Average proppant intensity of 2,706 pounds per foot (lb/ft) across the 35 completed stages exceeded all previous completion activities in the Beetaloo Basin to date and achieved wellhead injection rates above 100 barrels p
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
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Northland Capital initiated coverage of Tamboran Resources with a rating of Outperform and set a new price target of $36.00
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
RBC Capital Mkts initiated coverage of Tamboran Resources with a rating of Sector Perform and set a new price target of $31.00
Piper Sandler initiated coverage of Tamboran Resources with a rating of Overweight and set a new price target of $41.00
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8-K - Tamboran Resources Corp (0001997652) (Filer)
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8-K - Tamboran Resources Corp (0001997652) (Filer)