SCHEDULE 13G/A: Helmerich & Payne Discloses 4.97% Stake in Tamboran Resources

Helmerich & Payne, Inc. and its subsidiary have disclosed a 4.97% beneficial ownership stake in Tamboran Resources Corporation, totaling 1,018,850 shares.

Summary

• Helmerich & Payne, Inc. and Helmerich & Payne International Holdings, LLC (collectively 'Helmerich & Payne') have jointly filed an Amendment No. 1 to Schedule 13G.
• The filing discloses their beneficial ownership in Tamboran Resources Corporation, an issuer of common stock (par value $0.001 per share, CUSIP 87507T101).
• As of December 31, 2025, Helmerich & Payne beneficially owns 1,018,850 shares of Tamboran Resources common stock.
• This ownership represents 4.97% of Tamboran Resources' outstanding common stock, based on 20,493,869 shares reported by the issuer on November 13, 2025.
• The owned shares consist of 489,088 direct common shares and 529,762 common shares represented by 105,952,380 depositary interests (each representing 1/200th of a share).
• Helmerich & Payne holds shared voting and shared dispositive power over all 1,018,850 beneficially owned shares.
• The reporting persons are Delaware entities with their principal business office in Tulsa, Oklahoma.

Sentiment

Score: 7

Explanation: The disclosure of a nearly 5% stake by a major drilling contractor like Helmerich & Payne in an exploration company like Tamboran Resources can be viewed positively. It suggests a strategic interest or confidence in Tamboran's assets and future potential, potentially signaling future collaboration or a vote of confidence in the company's operational strategy.

Positives

• A significant investment by an industry peer (Helmerich & Payne is a major drilling contractor) could be seen as a vote of confidence in Tamboran Resources' prospects.
• The investment by Helmerich & Payne could potentially lead to strategic partnerships or operational synergies for Tamboran Resources.

Negatives

• No direct negatives are presented in this Schedule 13G filing, which is purely a disclosure of ownership.

Risks

• No specific risks related to Tamboran Resources' operations or financial health are disclosed in this ownership filing.

Future Outlook

NA

Industry Context

Helmerich & Payne, a prominent drilling rig contractor, holding a significant stake in Tamboran Resources, an oil and gas exploration company, suggests a potential strategic alignment or a belief in Tamboran's future growth, possibly indicating future business relationships or a vote of confidence in the energy sector's prospects, particularly in Tamboran's operational areas.

Stakeholder Impact

• Shareholders: Could view the investment by Helmerich & Payne as a positive signal, potentially increasing confidence in Tamboran's stock.
• Employees: No direct impact mentioned, but a stronger investor base could indirectly benefit long-term stability.

Key Dates

Recommendation

While the disclosure of a significant stake by an industry peer like Helmerich & Payne is generally a positive indicator, this filing is purely an ownership disclosure and does not provide new financial performance data or strategic initiatives from Tamboran Resources. It signals potential long-term strategic alignment or confidence but lacks the fundamental operational or financial updates that would warrant a 'buy' or 'strong buy' recommendation. Investors should 'hold' and await further operational or financial updates from Tamboran Resources to assess the full implications of this stake.

Keywords

Tamboran Resources Corporation, Helmerich & Payne, Beneficial Ownership, Schedule 13G, Common Stock, Equity Stake, Oil and Gas, Drilling Contractor, SEC Filing, Investment