Tamboran Resources (TBN): HITE Hedge discloses 8.27% beneficial stake
Rhea-AI Filing Summary
HITE Hedge Asset Management LLC and affiliates reported passive ownership in Tamboran Resources Corporation. The group, including HITE Hedge Asset Management LP and Robert Matt Niblack, disclosed beneficial ownership of 2,881,804 shares of Tamboran common stock, representing 8.27% of the outstanding class.
The filing states that the reporting persons hold shared voting and dispositive power over all 2,881,804 shares, with no sole voting or dispositive power. Tamboran’s securities covered are common stock with a par value of $0.001 per share.
Positive
- None.
Negative
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Key Figures
Shares beneficially owned: 2,881,804 shares
Percent of class owned: 8.27%
Shared voting power: 2,881,804 shares
+2 more
5 metrics
Shares beneficially owned
2,881,804 shares
Tamboran Resources common stock reported by HITE Hedge and affiliates
Percent of class owned
8.27%
Portion of Tamboran common stock class beneficially owned
Shared voting power
2,881,804 shares
Shares over which reporting persons share voting power
Shared dispositive power
2,881,804 shares
Shares over which reporting persons share dispositive power
Par value per share
$0.001 per share
Par value of Tamboran Resources common stock
Key Terms
beneficially owned, shared voting power, shared dispositive power, percent of class
4 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 2881804"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
percent of class financial
"Percent of class: 8.27 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
Who are the reporting persons in the Tamboran Resources (TBN) Schedule 13G?
The Schedule 13G lists HITE Hedge Asset Management LLC, HITE Hedge Asset Management LP, and Robert Matt Niblack as reporting persons. The entities are organized in Delaware and Niblack is a citizen of the United States.
What class of Tamboran Resources (TBN) securities is covered in this Schedule 13G?
The filing covers common stock, par value $0.001 per share, of Tamboran Resources Corporation. The securities are identified by CUSIP 87507T101 and are the basis for the 8.27% beneficial ownership reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.