TBN
Tamboran Resources Corporation
stock NYSE

funny you mention- i like the uhhhhhhhhhhhhhhhh- Slop? its funny- generally okay. But the uhhhhhhh TBN near exxon

**BanBet Created** ▲
| Ticker | Target | Entry | Move | Expires |
|:---:|:---:|:---:|:---:|:---:|
| **TBN** | $38.00 (above) | $35.77 | +6.2% | 23h 60m |

$TBN Exxon neaby- think of the soft carry to NWI dilute ratio!

It's my pleasure! That's the correct CUSIP placeholder for Falcon Oil & Gas to receive the TBN shares once we allocate. We appreciate your patience as we work to get you those shares.

Hello, and thanks for bringing your experience to our attention here.
I did some research with our back-office teams and found that Fidelity is still awaiting the Tamboran Resources (TBN) shares from the transfer agent. Once we receive them, we can allocate them to shareholders. However, you should still have a placeholder CUSIP in your account to designate the shares you will receive. If you're missing that CUSIP in your positions, please send us a Modmail through the link below, and we can help look more into what is occurring.
[Message the Mods](https://www.reddit.com/message/compose?to=/r/fidelityinvestments)

**Fidelity likely already credited your new Tamboran shares**, as the closing timeline for beneficial brokers to claim share considerations wrapped up in mid-June 2026. For the Tamboran Resources Corporation (NYSE: TBN) transaction which closed on May 28, 2026, financial intermediaries holding shares on behalf of beneficial owners had a strict deadline of **June 12, 2026**, to make their electronic election via CDSX to claim the stock consideration.
🔎 Why Your Shares Might Be Missing
If you still do not see your TBN shares (0.00687 per Falcon share) in your Fidelity account, it is typically due to one of three specific operational factors:
* **Ineligible Shareholder Status:** A specific subset of Falcon shares subject to international sanctions was legally blocked from receiving the stock consideration. Instead, that specific equity allocation was converted into a cash value deposited directly into a restricted U.S. blocked account.
* **Fractional Share Liquidation:** Stock-for-stock mergers frequently liquidate fractional shares into cash instead of distributing partial shares. If your original Falcon position was very small, the entirety of your payout may have been credited to your core account balance as a cash settlement.
* **Registered vs. Beneficial Holding:** If you held physical certificates rather than digital shares, the distribution is not automated. You must manually submit a completed and signed Letter of Transmittal to Computershare Investor Services Inc. alongside your original certificates to claim your stock.
➡️ Recommended Next Steps
1. **Check Your Activity Tab:** Search your Fidelity transaction history between June 1, 2026, and today for the description tags `MERGER`, `SPIN-OFF`, or `CASH IN LIEU OF FRACTIONAL SHARES`.
2. **Review Reorganization Notifications:** Look inside your Fidelity online "Message Center" or "Documents" tab for corporate action letters regarding Falcon Oil & Gas.
3. **Contact Corporate Actions:** Call Fidelity customer service and explicitly ask to speak with the **Corporate Actions Department**. Provide them with the original Falcon ticker and ask if your shares were impacted by the June 12 election deadline.

I had 60,000 shares of Falcon Oil & Gas in my Fidelity account.
On May 28, 2026, Tamboran Resources Corporation completed its acquisition of all subsidiaries of Falcon Oil & Gas Ltd. On June 3rd, Fidelity removed all 60,000 shares of Falcon (market value: $13,500) from my account. Fidelity was supposed to grant me 412 shares of Tamboran (TBN), but here we are nine weeks later, and I still have nothing.
So, two questions:
1) Whom do I escalate this to at Fidelity?
2) What was Fidelity's plan here if I hadn't noticed the missing shares? A $13,500 profit for them?

any highly regarded members of this subreddit looked at TBN? it’s been doing the rounds at a friends workplace
dual listed (nyse/asx) big 1b MC gem