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Tamboran Resources Secures $52.5 Million in Stock Offering

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Tamboran Resources Secures $52.5 Million in Stock Offering

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Tamboran Resources Corporation ( (TBN) ) has shared an announcement.

On October 24, 2025, Tamboran Resources Corporation entered into subscription agreements with investors to sell up to $29 million of common stock, subject to shareholder approval and other conditions. Additionally, the company closed an underwritten public offering of 2,324,445 shares, raising approximately $52.5 million to fund its development plan and other corporate purposes. The offering, launched on October 22, 2025, included an option for underwriters to purchase additional shares, which was fully exercised. These financial maneuvers are expected to strengthen Tamboran’s operational capabilities and market positioning.

The most recent analyst rating on (TBN) stock is a Hold with a $38.00 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 Underperform.

Tamboran Resources Corporation’s stock score is heavily impacted by its negative financial performance and valuation metrics. The lack of profitability, negative cash flow, and reliance on external financing contribute to a low score. Technical analysis indicates some potential for recovery but remains bearish overall. The absence of earnings call data and corporate events further limits positive influences on the stock rating.

To see Spark’s full report on TBN stock, click here.

More about Tamboran Resources Corporation

Tamboran Resources Corporation is an independent natural gas exploration and production company focused on the commercial development of natural gas resources in the Beetaloo Basin, Northern Territory, Australia. It holds approximately 1.9 million net prospective acres, making it the largest acreage holder in the Beetaloo Basin.

Average Trading Volume: 60,809

Technical Sentiment Signal: Strong Buy

Current Market Cap: $437.5M

For detailed information about TBN stock, go to TipRanks’ Stock Analysis page.

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