Helmerich & Payne reports 4.97% stake in Tamboran Resources
Tamboran Resources Corporation received an updated ownership report from Helmerich & Payne entities.
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Rhea-AI Filing Summary
Tamboran Resources Corporation received an updated ownership report from Helmerich & Payne entities. Helmerich & Payne, Inc. and its subsidiary Helmerich & Payne International Holdings, LLC together report beneficial ownership of 1,018,850 shares of common stock, representing 4.97% of the class. This percentage is based on 20,493,869 shares of common stock outstanding as reported by Tamboran in a recent quarterly report.
The stake consists of 489,088 shares of common stock plus 529,762 shares of common stock represented by 105,952,380 depositary interests, where each depositary interest equals 1/200th of a share. The reporting persons state they have shared power to vote and dispose of all 1,018,850 shares and no sole voting or dispositive power.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in Tamboran Resources Corporation (TBN) is reported in this Schedule 13G/A?
How did the filers calculate the 4.97% ownership of TBN common stock?
Who are the reporting persons in this Tamboran (TBN) Schedule 13G/A filing?
Why does the Schedule 13G/A indicate ownership of 5 percent or less of Tamboran (TBN)?
AI-generated analysis. How Rhea-AI works. Not financial advice.