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Tamboran Resources (NYSE:TBN) Issues Quarterly Earnings Results
Tamboran Resources (NYSE:TBN) announced its quarterly earnings, reporting an EPS of ($0.99), significantly missing the consensus estimate of ($0.33) by ($0.66). Despite the earnings miss, the stock traded at $28.76 with a market cap of $651.0 million. Analysts maintain a “Moderate Buy” consensus rating with a target price of $36.33, while insider and institutional investors have recently increased their positions in the company.