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Tamboran Resources Reports Increased Losses for 2024 Half Year

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Tamboran Resources Reports Increased Losses for 2024 Half Year

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Tamboran Resources Limited ( (AU:TBN) ) just unveiled an announcement.

Tamboran Resources Limited reported its financial results for the half year ending December 31, 2024, showing a significant increase in losses compared to the previous year. The company did not generate any revenues from ordinary activities and reported a loss of over $20 million, highlighting financial challenges that could impact its operations and market positioning.

More about Tamboran Resources Limited

Tamboran Resources Limited operates in the energy sector, focusing on the exploration and development of natural gas resources. The company is actively involved in extracting and supplying natural gas, aiming to contribute significantly to the energy market.

YTD Price Performance: 46.43%

Average Trading Volume: 1,763,178

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$391.5M

Find detailed analytics on TBN stock on TipRanks’ Stock Analysis page.

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