Tamboran Resources starts Beetaloo gas commissioning and moves to extend Liberty Energy partnership

Liberty Energy (LBRT) raised its quarterly dividend by 11% to $0.0999 per share, continuing a streak of increases since 2023. Despite recent revenue declines and negative free cash flow, management expresses confidence in future growth. The company has relied on debt financing to fund dividends and capital expenditures, particularly for its power business. Shares have fallen 11.25% over the past week, trading well below their 52-week high.

Tamboran Resources (TBN) appointed Todd Abbott as managing director and CEO. Abbott has 25+ years of oil and gas experience. The company recently achieved first gas sales from the Beetaloo Basin to the Northern Territory market. Tamboran holds 2.8 million net prospective acres in the region.

JPMorgan added five stocks to its Overweight list, highlighting American Express (AXP) as a Value pick, Thermo Fisher (TMO) and Liberty Energy (LBRT) as Growth picks. AXP is down 18-19% YTD but JPMorgan sees steady profits and share buybacks. TMO is up 25% in 3 months, with growth driven by partnerships and AI-powered lab machines. LBRT is up 52% in 12 months, benefiting from AI data center power demands.

JPMorgan released its October stock picks, adding American Express (AXP), Thermo Fisher Scientific (TMO), and Liberty Energy (LBRT) to its 'overweight' list. AXP is seen as a value play despite a 18% YTD decline, while TMO and LBRT are growth picks due to strong sector trends. The bank advises diversification across sectors for Q4.

Tamboran Resources (NYSE: TBN) reported first gas sales from the Beetaloo Basin, raising $186M net of fees, with $225M in cash at Q4FY26 end. The company plans to drill six more wells in 18 months. Operational milestones include under-budget infrastructure completion and cost-saving initiatives. Management seeks strategic partners for large-scale development.

Tamboran Resources (NYSE:TBN) reported Q4 2026 earnings, highlighting first gas sales from the Beetaloo Basin, generating royalties and jobs. The company is in the commissioning phase of a gas sales agreement, with plans for 40 terajoules per day supply. They completed a major stimulation campaign using local sand, potentially reducing well completion costs. Construction of the Sturt Plateau compression facility was completed under budget.