Manatuck Hill Partners LLC Takes Position in Tamboran Resources Corporation $TBN

Posted by on Jun 18th, 2026

Manatuck Hill Partners LLC purchased a new stake in Tamboran Resources Corporation (NYSE:TBN – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 32,100 shares of the company’s stock, valued at approximately $874,000. Manatuck Hill Partners LLC owned about 0.14% of Tamboran Resources as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Bank of America Corp DE lifted its stake in shares of Tamboran Resources by 66.7% in the 4th quarter. Bank of America Corp DE now owns 1,500 shares of the company’s stock valued at $31,000 after purchasing an additional 600 shares during the last quarter. State of Wyoming purchased a new stake in shares of Tamboran Resources in the 2nd quarter valued at $99,000. Walleye Capital LLC purchased a new stake in shares of Tamboran Resources in the 4th quarter valued at $204,000. Arbiter Partners Capital Management LLC raised its holdings in shares of Tamboran Resources by 15.5% in the 4th quarter. Arbiter Partners Capital Management LLC now owns 57,212 shares of the company’s stock valued at $1,558,000 after buying an additional 7,670 shares during the period. Finally, XY Capital Ltd purchased a new stake in shares of Tamboran Resources in the 4th quarter valued at $253,000.

Insider Transactions at Tamboran Resources

In related news, Director Scott D. Sheffield purchased 6,990 shares of Tamboran Resources stock in a transaction on Wednesday, April 8th. The shares were bought at an average price of $36.02 per share, with a total value of $251,779.80. Following the transaction, the director directly owned 292,430 shares of the company’s stock, valued at approximately $10,533,328.60. This trade represents a 2.45% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Phillip Z. Pace purchased 10,000 shares of Tamboran Resources stock in a transaction on Monday, April 13th. The stock was bought at an average cost of $36.99 per share, for a total transaction of $369,900.00. Following the transaction, the director directly owned 35,809 shares in the company, valued at $1,324,574.91. This represents a 38.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 4.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Piper Sandler reiterated an “overweight” rating and issued a $74.00 price objective (up from $41.00) on shares of Tamboran Resources in a report on Tuesday, March 31st. Weiss Ratings reiterated a “sell (d)” rating on shares of Tamboran Resources in a report on Wednesday, April 8th. Wells Fargo & Company boosted their price objective on Tamboran Resources from $35.00 to $58.00 and gave the company an “overweight” rating in a report on Monday, March 30th. Roth Mkm assumed coverage on Tamboran Resources in a report on Thursday, May 21st. They issued a “buy” rating and a $47.00 price objective on the stock. Finally, Royal Bank Of Canada upgraded Tamboran Resources from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $38.00 to $55.00 in a report on Wednesday, April 29th. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $58.50.

View Our Latest Stock Analysis on Tamboran Resources

Tamboran Resources Price Performance

TBN stock opened at $35.98 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.00 and a quick ratio of 2.00. The firm has a market capitalization of $1.02 billion, a P/E ratio of -19.24 and a beta of -2.20. The business’s 50-day moving average is $35.70 and its two-hundred day moving average is $31.59. Tamboran Resources Corporation has a 1 year low of $17.29 and a 1 year high of $52.21.

Tamboran Resources (NYSE:TBN – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.06). Analysts anticipate that Tamboran Resources Corporation will post -1.42 earnings per share for the current fiscal year.

About Tamboran Resources

(Free Report)

Tamboran Resources is an independent energy company focused on the exploration and development of unconventional natural gas resources. Headquartered in Canada and listed on the New York Stock Exchange under the ticker TBN, the company concentrates its activities on onshore basins in Australia. Tamboran’s primary objective is to advance its exploration acreage toward commercial viability by leveraging modern drilling and reservoir evaluation techniques.

The company holds exploration licenses in the Beetaloo Basin in the Northern Territory of Australia, where it is conducting appraisal drilling programs to define reservoir characteristics and recoverability.

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Institutional Ownership by Quarter for Tamboran Resources (NYSE:TBN)

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