TBN Stock Analysis: Tamboran Resources | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 1.078m USD | 12M Return: 78.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.50M
Warnings
Tailwinds
Seasonality 2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Tamboran Resources Corporation (NYSE: TBN) is an Australian natural gas exploration and production company focused on developing unconventional gas resources in the Northern Territorys Beetaloo Basin. The company holds a portfolio of working interests across several exploration permits, including a 25% non-operated stake in EP 161, a 38.75% interest in EPs 76, 98, and 117, and 100% operated interests in EPs 136, 143, and EP (A) 197. Founded in 2009 and headquartered in Sydney, the company listed on the NYSE in mid-2024.
As an upstream operator, Tamborans business model centers on exploring and appraising shale and tight gas acreage before potential development. The Beetaloo Basin is considered one of Australias most significant prospective unconventional gas regions, with the broader Australian LNG export industry providing a potential off-take pathway for any future production. The company is classified under the GICS Energy sector.
- Beetaloo Basin well flow tests validate commercial viability
- Northern Territory fracking moratorium threatens permit approvals
- Asian LNG price strength supports long-term gas economics
| Net Income: -34.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.11 > 0.02 and ΔFCF/TA 22.92 > 1.0 |
| NWC/Revenue: -2.55% < 20% (prev -0.06%; Δ -2.50% < -1%) |
| CFO/TA -0.06 > 3% & CFO -38.5m > Net Income -34.4m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (22.4m) vs 12m ago 54.09% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: -438.8% > 50% (prev -1.65k%; Δ 1.21k% > 0%) |
| Interest Coverage Ratio: -27.80 > 6 (EBIT TTM -33.5m / Interest Expense TTM 1.20m) |
| A: 0.09 (Total Current Assets 118.1m - Total Current Liabilities 59.1m) / Total Assets 672.1m |
| B: -0.28 (Retained Earnings -191.5m / Total Assets 672.1m) |
| C: -0.06 (EBIT TTM -33.5m / Avg Total Assets 526.8m) |
| D: 3.15 (Book Value of Equity 395.6m / Total Liabilities 125.5m) |
| Altman-Z'' = 2.53 = A |
As of July 09, 2026, the stock is trading at USD 32.46 with a total of 117,138 shares traded. Over the past week, the price has changed by -0.15%, over one month by -5.64%, over three months by -9.20% and over the past year by +78.74%.
Current recommended Stop Loss: 29.00 (which is 10.7% or 1.9 ATR below the current price).
Tamboran Resources has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy TBN.
- StrongBuy: 4
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 56.8 | 75.1% |
P/E Forward = 10000.0
P/B = 2.7405
Revenue TTM = -2.31b USD
EBIT TTM = -33.5m USD
EBITDA TTM = -32.8m USD
Long Term Debt = 44.6m USD (from longTermDebt, last quarter)
Short Term Debt = 16.3m USD (from shortTermDebt, last quarter)
Debt = 97.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 26.2m
Net Debt = -4.96m USD (calculated: Debt 97.0m - CCE 101.9m)
Enterprise Value = 1.07b USD (1.08b + Debt 97.0m - CCE 101.9m)
Interest Coverage Ratio = -27.80 (Ebit TTM -33.5m / Interest Expense TTM 1.20m)
EV/FCF = -14.52x (Enterprise Value 1.07b / FCF TTM -73.9m)
FCF Yield = -6.89% (FCF TTM -73.9m / Enterprise Value 1.07b)
WARNING: Negative Revenue TTM = -2.31b
FCF Margin = 3.20% (FCF TTM -73.9m / Revenue TTM -2.31b)
WARNING: Negative Revenue TTM = -2.31b
Net Margin = 1.49% (Net Income TTM -34.4m / Revenue TTM -2.31b)
WARNING: Negative Revenue TTM = -2.31b
Gross Margin = unknown ((Revenue TTM -2.31b - Cost of Revenue TTM 334k) / Revenue TTM)
Tobins Q-Ratio = 1.60 (Enterprise Value 1.07b / Total Assets 672.1m)
Interest Expense / Debt = 1.24% (Interest Expense 1.20m / Debt 97.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -26.4m (EBIT -33.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.00 (Total Current Assets 118.1m / Total Current Liabilities 59.1m)
Debt / Equity = 0.25 (Debt 97.0m / totalStockholderEquity, last quarter 395.6m)
Debt / EBITDA = 0.15 (negative EBITDA) (Net Debt -4.96m / EBITDA -32.8m)
Debt / FCF = 0.07 (negative FCF - burning cash) (Net Debt -4.96m / FCF TTM -73.9m)
Total Stockholder Equity = 334.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.53% (Net Income -34.4m / Total Assets 672.1m)
RoE = -10.29% (Net Income TTM -34.4m / Total Stockholder Equity 334.3m)
RoCE = -8.83% (EBIT -33.5m / Capital Employed (Equity 334.3m + L.T.Debt 44.6m))
RoIC = -4.20% (negative operating profit) (NOPAT -26.4m / Invested Capital 629.2m)
WACC = 7.28% (E(1.08b)/V(1.18b) * Re(7.85%) + D(97.0m)/V(1.18b) * Rd(1.24%) * (1-Tc(0.21)))
Discount Rate = 7.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 51.96%
[DCF] Fair Price = unknown (Cash Flow -73.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.00 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: -0.00 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.16 | Chg30d=N/A | Revisions=-25% | Analysts=2
EPS current Year (2026-06-30): EPS=-0.85 | Chg30d=+38.49% | Revisions=+0% | GrowthEPS=+49.7% | GrowthRev=+0.0%
EPS next Year (2027-06-30): EPS=-0.44 | Chg30d=N/A | Revisions=+25% | GrowthEPS=+67.2% | GrowthRev=+399.3%
[Analyst] Revisions Ratio: +0% (up=1, down=1)