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Tamboran Resources Corporation ( (TBN) ) has shared an update.
On July 16, 2025, Tamboran Resources Corporation held a Special Meeting of Stockholders to vote on several proposals related to its May 2025 PIPE Financing. The stockholders approved the issuance of shares of Common Stock under various tranches of the financing, including allocations to Daly Waters Energy, LP, and several individuals, as well as to Macquarie Bank Limited under a Facility Letter Agreement. These approvals are significant for the company’s capital structure and future financing activities.
The most recent analyst rating on (TBN) stock is a Buy with a $41.00 price target. To see the full list of analyst forecasts on Tamboran Resources Corporation stock, see the TBN Stock Forecast page.
Spark’s Take on TBN Stock
According to Spark, TipRanks’ AI Analyst, TBN is a Underperform.
Tamboran Resources Corporation’s stock score is heavily impacted by its negative financial performance and valuation metrics. The lack of profitability, negative cash flow, and reliance on external financing contribute to a low score. Technical analysis indicates some potential for recovery but remains bearish overall. The absence of earnings call data and corporate events further limits positive influences on the stock rating.
To see Spark’s full report on TBN stock, click here.
More about Tamboran Resources Corporation
Average Trading Volume: 22,083
Technical Sentiment Signal: Strong Sell
Current Market Cap: $246.7M
Learn more about TBN stock on TipRanks’ Stock Analysis page.