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Tamboran Resources

TBN

Tamboran Resources Corporation is a development-stage energy company focused on the exploration and commercialization of unconventional natural gas resources.

Market cap
$1.13B+233%
Net income-$34.4M+4.9%
Free cash flow-$33.8M-38.8%
EPS (diluted)-$1.87+33.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 24, 2026 (in 3 months)
Revenue estimate$13.3M
EPS estimate-$0.25

Financials

Q3 2026

Income statement

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Revenue-
Operating income-$8.4M+4.9%
Net income-$9.4M-41.3%
EPS (diluted)-$0.42+8.3%

Balance sheet

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Cash & equivalents$101.9M+298%
Total debt$84.5M+108%
Total equity$395.6M+64.9%
Total assets$672.1M+76.2%

Cash flow

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Operating cash flow-$12.5M+12.4%
CapEx$50.0K+47.1%
Free cash flow-$12.6M+12.2%

Valuation & ratios

Valuation

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Market cap$1.13B+233%
Enterprise value$1.12B+214%

Returns & leverage

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Return on equity-10.8%-2.5pp
Debt / equity0.2×0.0×
Current ratio+0.9×

Competitors

Profile

Tamboran Resources Corporation is a development-stage energy company focused on the exploration and commercialization of unconventional natural gas resources. The company is primarily engaged in the appraisal and development of low-CO2 natural gas prospects within the Beetaloo Basin in Australia's Northern Territory. Its core value proposition lies in establishing a significant natural gas production hub to supply both the Australian domestic market and the global liquefied natural gas (LNG) export market.

Competitive position

A development-stage player focused on the Beetaloo Basin, currently transitioning from appraisal to early-stage production infrastructure.

GeographiesAustralia
Customer segmentsUtilities, Industrial manufacturers, Global energy markets
Business modelResource extraction, Infrastructure development
SuppliersOilfield service providers, Drilling rig operators, Seismic survey contractors, Specialized engineering firms
CustomersDomestic Australian gas utilities, Global LNG off-takers, Industrial power generators
Listed2024
Employees39.0
CEOTodd C. Abbott
FilingsSEC EDGAR

Questions, answered.

What is Tamboran Resources's market cap?
Tamboran Resources (TBN) has a market capitalization of $1.1B and trades on XNYS.
Who are Tamboran Resources's competitors?
Tamboran Resources's key competitors include Sable Offshore Corp., Targa Resources Corp., MATADOR RESOURCES COMPANY, and others. These companies compete in similar markets and product categories.
Who does Tamboran Resources partner with?
Tamboran Resources's notable partners include Santos Limited, Daly Waters.
What subsidiaries does Tamboran Resources have?
Tamboran Resources's subsidiaries include Sweetpea Petroleum Pty Ltd, Beetaloo Joint Venture.
Where is Tamboran Resources headquartered?
Tamboran Resources is headquartered in United States of America and employs approximately 39 people. It has been publicly traded since 2024.