Robertson Stephens Wealth Management 13F: New $2.8M Stake in TBN

Robertson Stephens Wealth Management has taken a new position in Tamboran Resources Corporation (TBN) by acquiring 83,642 shares valued at approximately $2.76 million in a filing on October 16, 2026. This marks the firm's first investment in the company, showing a fresh interest in Tamboran.

Other Institutional Activity in Tamboran Resources

HITE Hedge Asset Management LLC holds 2,881,804 shares worth about $90.3 million after adding 805,427 shares, a 38.8% increase. Gilder Gagnon Howe & Co LLC owns 1,091,386 shares valued at approximately $34.2 million, with a 250,306 share increase representing a 29.8% rise. Alberta Investment Management Corp remains steady with 858,680 shares, while Cinctive Capital Management LP grew its position by 553,315 shares, totaling 655,326 shares valued at about $20.5 million. Yaupon Capital Management, LP added 88,358 shares, bringing its total to 623,534 shares valued at roughly $19.5 million.

Tamboran Resources Corporation Stock Down 2.6%

As of October 16, 2026, Tamboran Resources shares traded at about $31.04, which is currently below both its 50-day moving average and its 200-day moving average. The stock is 40.5% off its 52-week high of $52.21 but is above its 52-week low of $22.34 by 39.0%. The average target price for the stock among analysts is $56.67, indicating a significant upside potential from current levels.

Recent Earnings

In its latest earnings report, Tamboran Resources showed a trailing twelve-month revenue of $0, indicating no profitability, while it recorded an EPS of -$1.16. The company’s next earnings announcement is scheduled for November 12, 2026.

Insider Buying and Selling at Tamboran Resources Corporation

Currently, there are no reported insider transactions for Tamboran Resources Corporation. This absence of insider activity suggests that management has not been buying or selling shares recently.

About Tamboran Resources Corporation

Tamboran Resources Corporation, based in Sydney, Australia, is focused on developing natural gas resources in the Northern Territory. The company holds several interests in exploration projects within the Beetaloo Basin, aiming to tap into the unconventional gas market.

Bottom Line

With Robertson Stephens Wealth Management's recent filing, investors should keep an eye on how Tamboran Resources' stock performs leading up to its next earnings date on November 12, 2026. This 13F filing reflects holdings as of the reporting period and may not represent the investor's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.