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Tamboran Resources Corporation ( (TBN) ) just unveiled an update.
On January 10, 2026, Tamboran Resources Corporation’s board appointed veteran upstream oil and gas executive Todd Abbott as Chief Executive Officer, effective January 15, 2026, with interim CEO Richard Stoneburner reverting to his role as non-executive chairman. Abbott, 52, brings more than 25 years of experience across unconventional shale operations, strategy and finance at Seneca Resources, Marathon Oil and Pioneer Natural Resources, and his compensation package includes a base salary of $550,000, a significant equity-based long-term incentive tied in part to relative total shareholder return, a large “make whole” RSU grant, relocation support to the company’s Brisbane headquarters and severance protections, underscoring Tamboran’s bid to secure seasoned leadership as it moves into the development phase of its Beetaloo Basin gas project.
The most recent analyst rating on (TBN) stock is a Hold with a $27.00 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 Neutral.
The score is held back primarily by weak financial performance (no revenue, worsening losses, and heavy negative free cash flow), partially offset by constructive technical momentum (above major moving averages with positive MACD) and improved funding runway from the recent equity raise. Valuation remains challenged due to negative earnings and no dividend support.
To see Spark’s full report on TBN stock, click here.
More about Tamboran Resources Corporation
Tamboran Resources Corporation is a growth-focused independent natural gas exploration and production company concentrating on the commercial development of natural gas resources in the Beetaloo Basin in Australia’s Northern Territory. Through its subsidiaries, the company controls about 1.9 million net prospective acres in the Beetaloo, making it the largest acreage holder in the basin, and targets supplying gas to Australia’s East Coast and select regional markets.
Average Trading Volume: 52,066
Technical Sentiment Signal: Strong Buy
Current Market Cap: $550.8M
Learn more about TBN stock on TipRanks’ Stock Analysis page.