Tamboran Resources Corporation ownership disclosure: HITE Hedge Asset Management LLC and related filers report beneficial ownership of 2,076,315 shares, representing 8.10% of common stock as shown on the Schedule 13G for the period ending 03/31/2026. The filing lists shared voting and dispositive power over these shares.
Tamboran Resources Corporation ownership disclosure: HITE Hedge Asset Management LLC and related filers report beneficial ownership of 2,076,315 shares, representing 8.10% of common stock as shown on the Schedule 13G for the period ending 03/31/2026. The filing lists shared voting and dispositive power over these shares.
Tamboran Resources Corporation reported no revenue and continued losses as it advances early-stage natural gas projects in Australia’s Beetaloo Basin. For the nine months ended March 31, 2026, net loss was $27.2 million, with $24.2 million attributable to stockholders, compared with a $30.4 million loss a year earlier.
Cash, cash equivalents and restricted cash rose to $101.9 million from $45.2 million at June 30, 2025, helped by equity and debt financing. Unproved natural gas properties increased to $465.0 million, and assets under construction for the Sturt Plateau Compression Facility reached $61.2 million, with construction 86% complete.
The company drew $45.8 million under a syndicated facility, leaving $44.6 million of long-term debt net of issuance costs, and ended the period with an accumulated deficit of $191.5 million. Management discloses that recurring losses, planned high spending and limited operating history raise substantial doubt about the Group’s ability to continue as a going concern, though subsequent equity offerings of $180.4 million and $17.9 million have strengthened liquidity. Tamboran also progressed its planned Falcon Acquisition, expected to close by June 30, 2026, and continues to manage complex joint venture and infrastructure arrangements in the Beetaloo.
Tamboran Resources Corporation reported no revenue and continued losses as it advances early-stage natural gas projects in Australia’s Beetaloo Basin. For the nine months ended March 31, 2026, net loss was $27.2 million, with $24.2 million attributable to stockholders, compared with a $30.4 million loss a year earlier.
Cash, cash equivalents and restricted cash rose to $101.9 million from $45.2 million at June 30, 2025, helped by equity and debt financing. Unproved natural gas properties increased to $465.0 million, and assets under construction for the Sturt Plateau Compression Facility reached $61.2 million, with construction 86% complete.
The company drew $45.8 million under a syndicated facility, leaving $44.6 million of long-term debt net of issuance costs, and ended the period with an accumulated deficit of $191.5 million. Management discloses that recurring losses, planned high spending and limited operating history raise substantial doubt about the Group’s ability to continue as a going concern, though subsequent equity offerings of $180.4 million and $17.9 million have strengthened liquidity. Tamboran also progressed its planned Falcon Acquisition, expected to close by June 30, 2026, and continues to manage complex joint venture and infrastructure arrangements in the Beetaloo.
Tamboran Resources Corporation reported operational progress and financing updates for the quarter ended March 31, 2026. The company highlighted a farm-out of about 10,000 acres to Daly Waters Energy for a carry of up to US$28.5 million across its Pilot Area and Beetaloo Central Development Area, helping fund development without direct equity dilution from that transaction.
The Shenandoah South 6H well delivered a record average IP20 flow rate of 10.3 MMcf/d, supporting the quality of Tamboran’s Beetaloo West acreage. Construction of the Sturt Plateau Compression Facility was 88% complete at the end of April 2026 and remains on budget, with commissioning targeted in 3Q 2026.
The balance sheet was strengthened through a US$31 million PIPE transaction and an April 2026 capital raise of about US$188 million (net of fees). Tamboran reported cash of US$95 million and net drawn debt of US$23 million as of March 31, 2026, and cited pro forma cash of about US$298 million to fund planned 2026–2027 drilling and stimulation programs aimed at delivering first gas and further resource delineation in the Beetaloo Basin.
Tamboran Resources Corporation reported operational progress and financing updates for the quarter ended March 31, 2026. The company highlighted a farm-out of about 10,000 acres to Daly Waters Energy for a carry of up to US$28.5 million across its Pilot Area and Beetaloo Central Development Area, helping fund development without direct equity dilution from that transaction.
The Shenandoah South 6H well delivered a record average IP20 flow rate of 10.3 MMcf/d, supporting the quality of Tamboran’s Beetaloo West acreage. Construction of the Sturt Plateau Compression Facility was 88% complete at the end of April 2026 and remains on budget, with commissioning targeted in 3Q 2026.
The balance sheet was strengthened through a US$31 million PIPE transaction and an April 2026 capital raise of about US$188 million (net of fees). Tamboran reported cash of US$95 million and net drawn debt of US$23 million as of March 31, 2026, and cited pro forma cash of about US$298 million to fund planned 2026–2027 drilling and stimulation programs aimed at delivering first gas and further resource delineation in the Beetaloo Basin.
Tamboran Resources Corporation completed a retail entitlement offer of new equity. On May 1, 2026, the company issued 99,375,000 CHESS Depositary Interests (CDIs), each representing 1/200th of a share of common stock, equal to 496,875 underlying shares. The offer was priced at A$0.25 per CDI, raising aggregate proceeds of A$24.8 million for the company. CDIs were offered to existing shareholders in specified international jurisdictions, and the issuance relied on an exemption from registration under Regulation S of the Securities Act of 1933.
Tamboran Resources Corporation completed a retail entitlement offer of new equity. On May 1, 2026, the company issued 99,375,000 CHESS Depositary Interests (CDIs), each representing 1/200th of a share of common stock, equal to 496,875 underlying shares. The offer was priced at A$0.25 per CDI, raising aggregate proceeds of A$24.8 million for the company. CDIs were offered to existing shareholders in specified international jurisdictions, and the issuance relied on an exemption from registration under Regulation S of the Securities Act of 1933.
STONEBURNER RICHARD K reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Richard K. Stoneburner received a grant of 8,403 shares of Common Stock on April 15, 2026 as a compensation-related award valued at $35.00 per share. After this grant, he directly holds 99,322 common shares. The filing also reports an additional 14,724 shares held indirectly through his spouse.
STONEBURNER RICHARD K reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Richard K. Stoneburner received a grant of 8,403 shares of Common Stock on April 15, 2026 as a compensation-related award valued at $35.00 per share. After this grant, he directly holds 99,322 common shares. The filing also reports an additional 14,724 shares held indirectly through his spouse.
Tamboran Resources Corp director Scott D. Sheffield received a stock award of 28,545 shares of Common Stock on April 14, 2026. The award is recorded at $35.00 per share and is classified as a grant or other acquisition, not an open-market purchase. Following this grant, Sheffield directly holds 320,975 shares of Tamboran Resources Common Stock, indicating a routine compensation-related increase in his equity stake rather than a discretionary buy or sell in the market.
Tamboran Resources Corp director Scott D. Sheffield received a stock award of 28,545 shares of Common Stock on April 14, 2026. The award is recorded at $35.00 per share and is classified as a grant or other acquisition, not an open-market purchase. Following this grant, Sheffield directly holds 320,975 shares of Tamboran Resources Common Stock, indicating a routine compensation-related increase in his equity stake rather than a discretionary buy or sell in the market.
PACE PHILLIP Z reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Phillip Z. Pace received a grant of 2,581 shares of Common Stock at $35.00 per share on April 15, 2026. This was a compensation-related award, not an open-market purchase. After the grant, his direct ownership increased to 38,390 Common Stock shares.
PACE PHILLIP Z reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Phillip Z. Pace received a grant of 2,581 shares of Common Stock at $35.00 per share on April 15, 2026. This was a compensation-related award, not an open-market purchase. After the grant, his direct ownership increased to 38,390 Common Stock shares.
Tamboran Resources Corp reported that Chief Operating Officer Faron James Thibodeaux received a grant of 7,143 shares of common stock on April 14, 2026. The shares were valued at $35.00 per share for reporting purposes and represent a compensation-related award, not an open-market purchase.
Following this grant, Thibodeaux directly owns 153,311 shares of Tamboran common stock. The filing characterizes the transaction as a “grant, award, or other acquisition,” indicating routine equity compensation rather than a discretionary trading decision.
Tamboran Resources Corp reported that Chief Operating Officer Faron James Thibodeaux received a grant of 7,143 shares of common stock on April 14, 2026. The shares were valued at $35.00 per share for reporting purposes and represent a compensation-related award, not an open-market purchase.
Following this grant, Thibodeaux directly owns 153,311 shares of Tamboran common stock. The filing characterizes the transaction as a “grant, award, or other acquisition,” indicating routine equity compensation rather than a discretionary trading decision.
Tamboran Resources director David N. Siegel reported stock awards rather than open-market trades. On April 14, 2026, he acquired 5,000 shares of Common Stock at $35.00 per share, increasing his direct holdings to 351,621 shares.
On the same date, an additional 2,500 shares at $35.00 per share were recorded as indirectly owned "By Son," bringing that indirect position to 122,500 shares. Both transactions are coded as grants or awards, reflecting compensation-related acquisitions rather than market purchases.
Tamboran Resources director David N. Siegel reported stock awards rather than open-market trades. On April 14, 2026, he acquired 5,000 shares of Common Stock at $35.00 per share, increasing his direct holdings to 351,621 shares.
On the same date, an additional 2,500 shares at $35.00 per share were recorded as indirectly owned "By Son," bringing that indirect position to 122,500 shares. Both transactions are coded as grants or awards, reflecting compensation-related acquisitions rather than market purchases.
Barrett Fredrick J reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Fredrick J. Barrett reported a stock award of 5,714 common shares. The shares were granted on April 14, 2026 at a price of $35.00 per share, characterized as a grant or award rather than an open-market purchase.
Following this award, Barrett directly holds 35,710 common shares. He also has an additional 32,228 common shares reported as indirectly owned through a joint account, highlighting both his direct and shared economic interest in Tamboran Resources.
Barrett Fredrick J reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Fredrick J. Barrett reported a stock award of 5,714 common shares. The shares were granted on April 14, 2026 at a price of $35.00 per share, characterized as a grant or award rather than an open-market purchase.
Following this award, Barrett directly holds 35,710 common shares. He also has an additional 32,228 common shares reported as indirectly owned through a joint account, highlighting both his direct and shared economic interest in Tamboran Resources.