Helmerich & Payne’s Strategic Stake in Tamboran Resources

Tamboran Resources Limited (AU:TBN) has released an update.

Helmerich & Payne International Holdings, LLC, a subsidiary of Helmerich & Payne, Inc., has reported a beneficial ownership of 1,018,850 shares in Tamboran Resources Corporation, representing 7.2% of the company’s common stock. This stake includes both common shares and depositary interests, indicating a significant investment in the energy sector. Investors may find this development noteworthy as it reflects strategic positioning by a major industry player.

For further insights into AU:TBN stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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