Tamboran Resources Corp logo TBN - Tamboran Resources Corp

Price: -- -- | CONSENSUS: Buy DETAILS
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0
BUY 3
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| PRICE TARGET: $45.67 DETAILS
HIGH: $55.00
LOW: $35.00
MEDIAN: $47.00
CONSENSUS: $45.67
UPSIDE: 30.45%
Metric 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0
Cost of Revenue 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.0 0.0 0.0 0.5 0 0.5 0 0.3 0 0 0 0.2 0 0.2 0 0.1 0 0.2 0
Gross Profit (0.3) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.3) (0.0) (0.0) (0.0) (0.5) (0.0) (0.5) 0.0 (0.3) 0 0 0 (0.2) 0 (0.2) 0 (0.1) 0 (0.2) 0
Operating Expenses
R&D Expenses 0.0 0.2 0.2 0.8 2.0 3.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 3.1 2.6 5.4 7.0 5.3 4.1 5.3 6.3 3.7 4.0 3.2 8.9 4.4 10.5 7.1 6.6 3.3 2.0 2.0 13.7 6.8 3.8 1.9 9.0 4.4 2.7 1.7
Other Expenses 4.9 5.0 2.6 0.7 1.5 7.7 1.6 0 (0.2) 2.7 1.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 8.0 7.8 8.2 8.5 8.8 15.0 6.9 6.3 3.5 6.7 4.3 8.9 13.9 10.5 7.7 6.6 3.3 2.0 2.0 13.7 6.8 3.8 1.9 9.0 4.4 2.7 1.5
Operating Income
Operating Income (8.4) (7.8) (8.2) (8.5) (8.8) (15.0) (7.0) (6.6) (3.6) (6.7) (4.3) (9.5) (4.6) (11.0) (7.4) (6.9) (3.3) (2.0) (2.0) (13.9) (6.8) (4.0) (1.9) (9.1) (4.4) (2.9) (1.7)
Interest Expense 0 0 0.3 0 0 0 0 0 0 0 0 0.1 0 0.0 0 0.0 0 0.0 0 2.7 0 2.0 0 1.6 0 2.1 0
Interest Income 0.7 0.4 0 0 0.1 0.7 0.8 0 0 0.3 0.1 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 1.4 1.4 1.0 1.0 0.1 0.7 1.0 1.0
Profitability
EBITDA (8.0) (7.5) (8.8) (8.5) (8.8) (9.0) (6.6) (6.5) (3.5) (6.7) (4.3) (12.1) (6.3) (10.8) (8.4) (5.6) (3.2) (2.3) (2.3) (12.9) (5.7) (3.8) (2.0) (7.7) (4.6) (2.8) (1.7)
EBIT (8.4) (7.8) (8.8) (8.5) (8.8) (9.1) (6.6) (6.8) (3.6) (6.7) (4.3) (12.6) (6.5) (11.3) (8.5) (5.9) (3.3) (2.3) (2.3) (13.1) (5.8) (4.0) (2.0) (7.8) (4.6) (2.9) (1.7)
Income Before Tax (10.6) (7.6) (9.1) (9.2) (8.2) (15.5) (6.8) (6.8) (2.6) (7.5) (3.8) (12.6) (14.0) (11.3) (7.7) (5.9) (2.9) (2.5) (2.5) (15.8) (7.9) (8.0) (4.0) (9.4) (4.7) (5.8) (2.6)
Income Tax Expense 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income (9.4) (6.6) (8.2) (10.2) (6.7) (14.2) (5.9) (5.9) (3.3) (6.0) (3.2) (12.7) (0.0) (9.2) (0.0) (5.9) (2.9) (2.5) (2.5) (15.8) (7.9) (8.0) (4.0) (9.4) (4.7) (5.8) (0.0)
Per Share Data
EPS (Basic) -0.42 -0.33 -0.47 -0.65 -0.46 -0.01 -0.00 -0.01 -0.00 -0.01 -0.00 -0.02 -0.00 -0.01 -0.01 -0.00 -0.00 -0.00 -0.00 -0.05 -0.05 -0.04 -0.04 -0.06 -0.06 -0.03 -0.03
EPS (Diluted) -0.42 -0.33 -0.47 -0.65 -0.46 -0.01 -0.00 -0.01 -0.00 -0.01 -0.00 -0.02 -0.00 -0.01 -0.01 -0.00 -0.00 -0.00 -0.00 -0.05 -0.05 -0.04 -0.04 -0.06 -0.06 -0.03 -0.03
Shares Outstanding 22.4 20.0 17.5 15.6 14.5 14.3 14.1 10.4 10.2 8.7 8.5 7.1 6.8 5.2 5.2 3.7 3.7 3.3 3.3 0.8 0.8 0.5 0.5 0.4 0.4 0.5 0.5
Metric 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q1
Current Assets
Cash & Cash Equivalents 101.9 83.4 39.6 45.2 25.6 59.4 74.0 74.7 39.7 48.7 33.0 9.6 0 61.8 62.2 26.8 26.8 68.2 68.2 63.1 63.1 11.5 11.5 5.6 5.6 (26.5)
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 53.0
Net Receivables 6.8 4.1 4.2 9.6 9.4 5.7 4.6 11.0 0 0 0 0 0 4.1 0 0 0 0.3 0 0 0 0 0 0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 9.4 18.9 2.7 1.9 2.9 2.2 11.3 11.6 17.0 24.6 16.7 15.4 (62.8) 35.8 40.2 2.9 2.9 1.1 1.4 0.4 0.4 1.2 1.2 0.2 0.2 0
Total Current Assets 118.1 106.4 46.5 56.7 37.9 67.3 90.0 97.3 62.9 74.0 50.2 25.6 0 101.7 102.4 30.7 30.7 69.6 69.6 63.6 63.6 12.7 12.7 5.8 5.8 26.5
Non-Current Assets
Property, Plant & Equipment 80.2 21.9 432.4 42.8 340.7 292.7 289.3 259.4 357.3 340.6 231.1 246.3 0 1.2 196.3 102.4 102.4 1.8 71.8 48.7 48.7 3.1 3.1 3.3 3.3 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0.4 0.4 0.4 0.4 0.4 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 473.8 472.3 5.3 346.9 2.9 2.9 1.9 1.9 2.8 2.7 1.8 2.7 0 195.0 1.4 0.6 0.6 69.9 0.3 0.3 0.3 17.0 17.0 16.0 16.0 0
Total Non-Current Assets 554.0 494.2 437.7 389.8 343.6 295.6 291.3 261.3 360.1 343.4 233.0 249.0 0 196.7 198.1 103.4 103.4 72.1 72.1 49.0 49.0 20.1 20.1 19.3 19.3 0
Total Assets 672.1 600.6 484.2 446.5 381.5 362.9 381.2 358.6 423.0 417.4 283.2 274.5 0 298.3 300.5 134.1 134.1 141.7 141.7 112.6 112.6 32.8 32.8 25.1 25.1 0
Current Liabilities
Account Payables 18.6 5.3 4.5 5.7 4.0 11.2 7.2 6.6 13.1 12.4 8.4 6.3 0 3.8 3.9 0.9 0.9 5.9 5.9 5.7 5.7 2.9 2.9 3.8 3.8 0
Short-Term Debt 16.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 23.2 33.1 2.7 13.9 0.9 0.7 0.7 0.7 2.8 16.4 11.1 10.7 0 26.1 26.3 3.0 3.0 0.2 0.2 0.7 0.7 0 0 0 0 0
Total Current Liabilities 59.1 53.0 50.3 36.6 34.4 38.1 34.7 28.0 42.8 54.4 36.9 22.1 0 31.0 31.3 4.6 4.6 6.9 6.9 7.0 7.0 4.0 4.0 4.5 4.5 0
Non-Current Liabilities
Long-Term Debt 44.6 32.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25.9 25.9 21.8 21.8 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 11.9 11.3 10.1 9.7 8.9 8.6 9.2 8.2 12.4 12.1 8.2 11.0 (252.3) 18.7 18.8 0.1 0.1 0.1 0.1 0.1 0.1 43.1 43.1 36.1 36.1 0
Total Non-Current Liabilities 66.4 56.8 18.5 20.4 21.8 15.8 19.5 23.0 30.2 28.1 19.1 11.3 (252.3) 19.2 19.3 0.9 0.9 1.0 1.0 1.2 1.2 71.1 71.1 60.1 60.1 0
Total Liabilities 125.5 109.8 68.8 57.0 56.2 53.9 54.2 51.0 73.0 82.5 56.0 33.4 (252.3) 50.2 50.6 5.5 5.5 7.9 7.9 8.2 8.2 75.2 75.2 64.7 64.7 0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 351.3 353.9 217.4 217.4 217.6 217.6 183.9 183.9 25.7 25.7 20.5 20.5 0
Retained Earnings (191.5) (182.1) (175.5) (167.3) (157.1) (150.4) (136.3) (130.4) (185.5) (172.7) (117.1) (162.8) 0 (114.3) (115.1) (98.9) (98.9) (93.0) (93.0) (88.1) (88.1) (72.3) (72.3) (64.3) (64.3) 0
Accumulated Other Comprehensive Income 11.5 (1.8) (7.6) (9.4) (25.0) (25.9) (0.8) (11.5) (22.5) (6.4) (4.4) (17.0) 252.3 11.1 11.1 10.1 10.1 9.2 9.2 8.6 8.6 4.2 4.2 4.2 4.2 0
Total Stockholders' Equity 395.6 358.9 295.1 287.7 239.8 243.9 275.6 262.7 298.3 288.9 196.0 209.5 252.3 248.1 249.9 128.6 128.6 133.8 133.8 104.4 104.4 (42.4) (42.4) (39.6) (39.6) (25.6)
Total Liabilities & Equity 672.1 600.6 484.2 446.5 381.5 362.9 381.2 358.6 423.0 417.4 283.2 274.5 0 298.3 300.5 134.1 134.1 141.7 141.7 112.6 112.6 32.8 32.8 25.1 25.1 0
Debt Metrics
Total Debt 70.8 60.1 25.6 26.4 26.9 22.7 28.9 27.9 41.9 38.9 0 0.7 0 0.9 0.9 1.1 1.1 1.3 1.3 1.5 1.5 28.4 28.4 24.3 24.3 0
Net Debt (31.2) (23.3) (13.9) (18.8) 1.2 (36.8) (45.2) (46.9) 2.2 (9.7) (33.0) (8.9) 0 (60.8) (61.3) (25.7) (25.7) (66.9) (66.9) (61.6) (61.6) 16.9 16.9 18.7 18.7 26.5
Metric 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income (9.4) (7.6) (9.1) (9.2) (8.2) (15.5) (6.8) (9.9) (2.6) (7.5) (3.8) (27.9) (14.0) (15.3) (7.7) (5.9) (2.9) (4.9) (2.5) (15.8) (7.9) (8.0) (4.0) (9.4) (4.7) (2.6) (2.6)
Depreciation & Amortization 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.5 0.1 0.3 0.1 0.3 0.1 0.3 0.1 0.2 0.1 0.2 0.1 0.1 0.1 0 0
Stock-Based Compensation 0 1.3 0.2 1.3 1.2 0.7 1.1 0.1 0.2 (0.0) 0.3 0 0 0 0 0 0.4 0.3 0.3 2.2 2.2 0.0 0.0 0.0 0.0 0.2 0.2
Change in Working Capital (7.4) 8.8 (6.4) (0.1) (7.7) 2.5 0.6 4.3 2.9 (0.8) 0.5 (0.6) (0.6) 0 0 (0.4) (0.4) 0 0 (0.1) (0.1) 0 0 (0.2) (0.2) 0 0
Other Non-Cash Items (1.1) (3.3) 1.4 1.6 0.4 7.5 0.9 4.5 (0.4) 1.1 (0.4) 21.4 10.3 3.3 0.9 1.2 0.3 (0.9) (1.0) 12.4 3.9 3.2 1.4 3.6 1.9 0.8 0.8
Operating Cash Flow (17.5) (0.7) (13.8) (6.4) (14.3) (4.7) (4.2) (0.9) (0.0) (7.1) (3.3) (7.1) (3.5) (12.3) (6.1) (5.0) (2.5) (6.1) (3.1) (3.6) (1.8) (5.0) (2.5) (6.0) (3.0) (1.5) (1.5)
Investing Activities
Capital Expenditure (11.2) 27.5 (27.5) (24.3) (36.9) (34.0) (14.9) (19.5) (17.2) (8.2) (18.9) (54.7) (27.4) (82.7) (41.3) (35.0) (18.0) (19.9) (9.4) (11.9) (5.9) (1.3) (0.7) (3.7) (1.8) (4.1) (4.1)
Acquisitions 21.2 0 0 0 0 0 0 0 0 0 0 3.7 0 0 0 (1.0) 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 (0.2) 0 (1.0) 0 (0.2) 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0.0 (65.6) (0.9) (0.8) (0.9) 12.7 0.4 (1.3) (1.2) 0.1 0 6.4 4.9 0 (0.5) (0.1) (0.1) 0 (0.5) 0 0 0 0 0 0 0 0
Investing Cash Flow (25.7) (38.1) (28.4) (25.1) (37.9) (21.3) (14.5) (20.7) (18.4) (8.1) (18.9) (44.9) (22.4) (83.7) (41.8) (36.2) (18.1) (19.9) (10.0) (11.9) (5.9) (1.3) (0.7) (3.7) (1.8) (4.1) (4.1)
Financing Activities
Net Debt Issuance 12.7 44.5 (3.1) (1.3) (1.0) 0 0 (1.7) (2.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (1.1) (44.2) 30.0 9.6 18.0 14.6 9.3 (3.5) 4.6 2.2 (1.8) (0.2) 0.4 130.9 65.4 (0.0) (0.0) (0.2) 15.6 (33.7) 33.6 (0.1) 6.1 (0.0) (0.0) 0 0
Financing Cash Flow 47.1 95.6 37.9 52.7 17.0 14.6 16.7 70.2 11.9 29.8 34.4 0.7 0.4 130.9 65.4 (0.0) (0.0) 31.1 15.6 67.1 33.6 12.2 6.1 (0.0) (0.0) 0 0
Cash Position
Net Change in Cash 3.5 58.9 (5.6) 19.5 (33.8) (14.6) (0.7) 48.8 (7.3) 11.5 14.6 (51.1) (25.6) 35.0 17.5 (41.4) (20.7) 5.1 2.6 (9.0) (11.5) 66.5 2.9 (9.7) (15.3) (5.6) (5.6)
Cash at Beginning 98.4 39.6 45.2 25.6 59.4 74.0 74.7 25.9 33.2 21.6 7.1 61.8 0 26.8 0 68.2 68.2 63.1 0 72.0 11.5 5.6 0 15.3 15.3 20.9 0
Cash at End 101.9 98.4 39.6 45.2 25.6 59.4 74.0 74.7 25.9 33.2 21.6 10.6 (25.6) 61.8 17.5 26.8 47.5 68.2 2.6 63.1 0 72.0 2.9 5.6 0 15.3 (5.6)
Free Cash Flow (28.7) 26.8 (41.3) (30.7) (51.2) (38.7) (19.0) (20.4) (17.2) (15.3) (22.2) (61.8) (30.9) (95.0) (47.5) (39.9) (20.5) (26.0) (12.5) (15.5) (7.8) (6.3) (3.2) (9.6) (4.8) (5.6) (5.6)
Key Metrics 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit (0.3) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.3) (0.0) (0.0) (0.0) (0.5) (0.0) (0.5) 0.0 (0.3) 0 0 0 (0.2) 0 (0.2) 0 (0.1) 0 (0.2) 0
Operating Income (8.4) (7.8) (8.2) (8.5) (8.8) (15.0) (7.0) (6.6) (3.6) (6.7) (4.3) (9.5) (4.6) (11.0) (7.4) (6.9) (3.3) (2.0) (2.0) (13.9) (6.8) (4.0) (1.9) (9.1) (4.4) (2.9) (1.7)
Net Income (9.4) (6.6) (8.2) (10.2) (6.7) (14.2) (5.9) (5.9) (3.3) (6.0) (3.2) (12.7) (0.0) (9.2) (0.0) (5.9) (2.9) (2.5) (2.5) (15.8) (7.9) (8.0) (4.0) (9.4) (4.7) (5.8) (0.0)
EPS (Diluted) -0.42 -0.33 -0.47 -0.65 -0.46 -0.01 -0.00 -0.01 -0.00 -0.01 -0.00 -0.02 -0.00 -0.01 -0.01 -0.00 -0.00 -0.00 -0.00 -0.05 -0.05 -0.04 -0.04 -0.06 -0.06 -0.03 -0.03
Balance Sheet
Cash & Equivalents 101.9 83.4 39.6 45.2 25.6 59.4 74.0 74.7 39.7 48.7 33.0 9.6 0 61.8 62.2 26.8 26.8 68.2 68.2 63.1 63.1 11.5 11.5 5.6 5.6 (26.5)
Total Assets 672.1 600.6 484.2 446.5 381.5 362.9 381.2 358.6 423.0 417.4 283.2 274.5 0 298.3 300.5 134.1 134.1 141.7 141.7 112.6 112.6 32.8 32.8 25.1 25.1 0
Total Debt 70.8 60.1 25.6 26.4 26.9 22.7 28.9 27.9 41.9 38.9 0 0.7 0 0.9 0.9 1.1 1.1 1.3 1.3 1.5 1.5 28.4 28.4 24.3 24.3 0
Stockholders' Equity 395.6 358.9 295.1 287.7 239.8 243.9 275.6 262.7 298.3 288.9 196.0 209.5 252.3 248.1 249.9 128.6 128.6 133.8 133.8 104.4 104.4 (42.4) (42.4) (39.6) (39.6) (25.6)
Cash Flow
Operating Cash Flow (17.5) (0.7) (13.8) (6.4) (14.3) (4.7) (4.2) (0.9) (0.0) (7.1) (3.3) (7.1) (3.5) (12.3) (6.1) (5.0) (2.5) (6.1) (3.1) (3.6) (1.8) (5.0) (2.5) (6.0) (3.0) (1.5) (1.5)
Capital Expenditure (11.2) 27.5 (27.5) (24.3) (36.9) (34.0) (14.9) (19.5) (17.2) (8.2) (18.9) (54.7) (27.4) (82.7) (41.3) (35.0) (18.0) (19.9) (9.4) (11.9) (5.9) (1.3) (0.7) (3.7) (1.8) (4.1) (4.1)
Free Cash Flow (28.7) 26.8 (41.3) (30.7) (51.2) (38.7) (19.0) (20.4) (17.2) (15.3) (22.2) (61.8) (30.9) (95.0) (47.5) (39.9) (20.5) (26.0) (12.5) (15.5) (7.8) (6.3) (3.2) (9.6) (4.8) (5.6) (5.6)