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Tamboran Resources Limited ( (AU:TBN) ) has provided an update.
Tamboran Resources Corporation has appointed experienced upstream executive Todd Abbott as Chief Executive Officer, effective 15 January 2026, while Chairman Richard Stoneburner will remain in his current role as chairman. Abbott brings more than 25 years of experience in unconventional shale operations, corporate finance and strategic planning from senior roles at Seneca Resources, Marathon Oil and Pioneer Natural Resources, where he has a track record of boosting production and reducing capital expenditure through organisational and process improvements. His appointment comes as Tamboran transitions into the development phase of its Beetaloo Basin gas project, positioning the company to leverage his operational and financial discipline to execute its growth strategy, enhance capital efficiency and work closely with key stakeholders, including Native Title holders and government, to progress what is described as a potential world-class unconventional gas development that underpins regional and east coast energy security.
The most recent analyst rating on (AU:TBN) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Tamboran Resources Limited stock, see the AU:TBN Stock Forecast page.
More about Tamboran Resources Limited
Tamboran Resources Corporation is an Australia-based upstream oil and gas company focused on the exploration and development of unconventional gas resources, particularly in the Northern Territory’s Beetaloo Basin. The company aims to advance large-scale shale gas projects that can contribute to domestic energy security for local communities and Australia’s east coast market.
Average Trading Volume: 1,827,141
Technical Sentiment Signal: Buy
Current Market Cap: A$845.7M
For a thorough assessment of TBN stock, go to TipRanks’ Stock Analysis page.

