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Tamboran Resources TBN Exploration Expense (Credit), Net

Exploration Expense (Credit), Net at other companies

SM Energy logo
SM EnergySM
$26M+117%
Murphy Oil logo
Murphy OilMUR
$82.82M+472%
Hallador Energy logo
Hallador EnergyHNRG
$84K+300%
MGY
Magnolia Oil & Gas CorporationMGY
$1.74M+401%
Black Stone Minerals logo
Black Stone MineralsBSM
$4.63M-9.5%
Crescent Energy logo
Crescent EnergyCRGY
$6.52M+2,030%

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$1.13B+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×

Where this comes from

Reported directly by Tamboran Resources in its filing.

Tagged under the XBRL concept trc:ExplorationExpenseCreditNet.

The official record: Tamboran Resources’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tamboran Resources's exploration expense (credit), net?
Tamboran Resources (TBN) reported exploration expense (credit), net of $670K in Q1 2026.
How has Tamboran Resources's exploration expense (credit), net changed year-over-year?
Tamboran Resources's exploration expense (credit), net decreased by 44.2% year-over-year, from $1.2M to $670K.
What does exploration expense (credit), net mean?
This metric captures the net costs incurred for geological and geophysical activities, including seismic studies and exploratory drilling, offset by any cost recoveries or credits. It serves as a primary indicator of the company's investment in identifying new resource potential. Monitoring this helps investors evaluate the company's commitment to organic growth versus the risks associated with early-stage exploration.