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Tamboran Resources TBN Exploration Abandonment And Impairment Expense

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Other financials

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

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Market cap$1.17B+214%
Enterprise value$1.15B+212%

Returns & leverage

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

Where this comes from

Reported directly by Tamboran Resources in its filing.

Tagged under the XBRL concept us-gaap:ExplorationAbandonmentAndImpairmentExpense.

The source filing: Tamboran Resources’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 4:08 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-034593
Revenue and other operating incomeThree months ended March 31, 2026 / $—Three months ended March 31, 2025 / $—Nine months ended March 31, 2026 / $—Nine months ended March 31, 2025 / $—
Compensation and benefits, including stock-based compensation(3,638)(2,430)(8,953)(6,332)
Consultancy, legal and professional fees(1,562)(1,420)(4,295)(4,104)
Depreciation and amortization(2)(23)(5)(85)
Loss on remeasurement of assets classified as held for sale(376)
Accretion of asset retirement obligations(327)(275)(908)(774)
Exploration expense(670)(1,201)(1,778)(3,684)
Camp (expense) recoveries, net(626)(3,280)
LNG feasibility study expense(31)(1,978)(357)(5,211)

Item 1. Financial Statements.

FAQ

What is Tamboran Resources's exploration abandonment and impairment expense?
Tamboran Resources (TBN) reported exploration abandonment and impairment expense of $0 in Q1 2026.
What does exploration abandonment and impairment expense mean?
This metric represents the non-cash charges recognized when the carrying value of oil and gas properties exceeds their estimated recoverable value. It reflects the write-down of unproved reserves or abandoned exploration projects due to geological failure or economic unviability. Investors use this to assess the quality of the company's asset portfolio and the effectiveness of its exploration strategy.

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