Tamboran Resources (ASX:TBN) - Share price, News & Analysis

TBN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

TBN Overview

Tamboran Resources Limited, a natural gas company, focuses on developing early-stage, unconventional gas resources.

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Price History & Performance

Summary of all time highs, changes and price drops for Tamboran Resources
Historical stock prices
Current Share Price	AU$0.37
52 Week High	AU$0.23
52 Week Low	AU$0.40
Beta	0
1 Month Change	17.46%
3 Month Change	12.12%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.71%

Shareholder Returns

	TBN	AU Oil and Gas	AU Market
7D	-5.1%	0.5%	0.9%
1Y	n/a	48.9%	20.2%

Return vs Industry: Insufficient data to determine how TBN performed against the Australian Oil and Gas industry.

Return vs Market: Insufficient data to determine how TBN performed against the Australian Market.

Price Volatility

Is TBN's price volatile compared to industry and market?
TBN volatility
TBN Beta	0
Industry Beta	1.28
Market Beta	1

Stable Share Price: TBN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine TBN's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2009	2	Joel Riddle	https://www.tamboran.com

Tamboran Resources Limited, a natural gas company, focuses on developing early-stage, unconventional gas resources. It holds interests in three exploration permits and one application, all of which are located in the Beetaloo Sub-basin in the Northern Territory in Australia. The company was incorporated in 2009 and is based in Manly, Australia.

Tamboran Resources Fundamentals Summary

How do Tamboran Resources's earnings and revenue compare to its market cap?
TBN fundamental statistics
Market Cap	AU$241.56m
Earnings (TTM)	-AU$23.82m
Revenue (TTM)	n/a

0x

P/S Ratio

-10.1x

P/E Ratio

Is TBN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TBN income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Expenses	AU$23.82m
Earnings	-AU$23.82m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.036
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did TBN perform over the long term?

See historical performance and comparison

Valuation

Is Tamboran Resources undervalued compared to its fair value and its price relative to the market?

2.31x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TBN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TBN's fair value to establish if it is undervalued.

Price To Earnings Ratio

PE vs Industry: TBN is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: TBN is unprofitable, so we can't compare its PE Ratio to the Australian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TBN's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: TBN is good value based on its PB Ratio (2.3x) compared to the AU Oil and Gas industry average (2.5x).

Future Growth

How is Tamboran Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.8%

Forecasted Energy industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tamboran Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Tamboran Resources performed over the past 5 years?

-64.2%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: TBN is currently unprofitable.

Growing Profit Margin: TBN is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if TBN's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare TBN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TBN is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).

Return on Equity

High ROE: TBN has a negative Return on Equity (-22.83%), as it is currently unprofitable.

Financial Health

How is Tamboran Resources's financial position?

Financial Position Analysis

Short Term Liabilities: TBN's short term assets (A$63.6M) exceed its short term liabilities (A$7.0M).

Long Term Liabilities: TBN's short term assets (A$63.6M) exceed its long term liabilities (A$1.2M).

Debt to Equity History and Analysis

Debt Level: TBN is debt free.

Reducing Debt: TBN had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TBN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TBN has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 38.6% each year.

Dividend

What is Tamboran Resources's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TBN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TBN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TBN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TBN's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TBN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.

Next Steps

Explore strong dividend paying companies in the Energy industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure

CEO

Joel Riddle (47 yo)

7.92yrs

Tenure

Mr. Joel Riddle,B. Science (Hons) Mech. Eng., MBA, serves as Director of Tamboran Resources Ltd since December 19, 2018 and has been its Chief Executive Officer since November 18, 2013. He has been Managin...

Leadership Team

Experienced Management: TBN's management team is considered experienced (3.8 years average tenure).

Board Members

Experienced Board: TBN's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: TBN only recently listed within the past 12 months.

Data	Last Updated (UTC time)
Company Analysis	2021/10/18 15:33
End of Day Share Price	2021/10/18 00:00
Earnings	2021/06/30
Annual Earnings	2021/06/30

Market Cap

7D

1Y

Updated

Data