Tamboran Resources (ASX:TBN) - Stock Price, News & Analysis

TBN Stock Overview

Tamboran Resources Corporation, a natural gas company, focuses on developing unconventional gas resources.

TBN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Has less than 1 year of cash runway

Earnings are forecast to decline by an average of 8.1% per year for the next 3 years

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

Volatile share price over the past 3 months

+ 2 more risks

Tamboran Resources Corporation Competitors

Helios Energy

ASX:HE8

AU$132.8m

Horizon Oil

ASX:HZN

AU$283.2m

Brookside Energy

ASX:BRK

AU$66.7m

Carnarvon Energy

ASX:CVN

AU$348.6m

Price History & Performance

Summary of all time highs, changes and price drops for Tamboran Resources
Historical stock prices
Current Share Price	AU$0.17
52 Week High	AU$0.26
52 Week Low	AU$0.11
Beta	0.71
1 Month Change	0%
3 Month Change	3.03%
1 Year Change	-10.53%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-51.43%

Recent updates

Shareholder Returns

	TBN	AU Oil and Gas	AU Market
7D	13.3%	-2.4%	0.9%
1Y	-10.5%	-2.1%	5.7%

Return vs Industry: TBN underperformed the Australian Oil and Gas industry which returned -2.1% over the past year.

Return vs Market: TBN underperformed the Australian Market which returned 5.7% over the past year.

Price Volatility

Is TBN's price volatile compared to industry and market?
TBN volatility
TBN Average Weekly Movement	13.5%
Oil and Gas Industry Average Movement	10.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: TBN's share price has been volatile over the past 3 months.

Volatility Over Time: TBN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2009	n/a	Joel Riddle	www.tamboran.com

Tamboran Resources Corporation, a natural gas company, focuses on developing unconventional gas resources. Its primary assets include a 38.75% working interest and operatorship in EPs 98, 117, and 76; a 100% working interest and operatorship in EP 136; and a 25% non-operated working interest in EP 161, which are located in the Beetaloo Basin. Tamboran Resources Corporation was incorporated in 2009 and is headquartered in Sydney, Australia.

Tamboran Resources Corporation Fundamentals Summary

How do Tamboran Resources's earnings and revenue compare to its market cap?
TBN fundamental statistics
Market cap	AU$335.17m
Earnings (TTM)	-AU$42.28m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-7.9x

P/E Ratio

Is TBN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TBN income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$27.51m
Earnings	-US$27.51m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.014
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

TBN Stock Overview

Rewards

Risk Analysis

Tamboran Resources Corporation Competitors

ASX:HE8

AU$132.8m

ASX:HZN

AU$283.2m

ASX:BRK

AU$66.7m

ASX:CVN

AU$348.6m

Price History & Performance

Recent News & Updates

Independent Non-Executive Director recently bought AU$90k worth of stock

New major risk - Financial position

New major risk - Revenue and earnings growth

New major risk - Share price stability

Tamboran Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 72.396449 million.

New minor risk - Share price stability

Recent updates

Independent Non-Executive Director recently bought AU$90k worth of stock

New major risk - Financial position

New major risk - Revenue and earnings growth

New major risk - Share price stability

Tamboran Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 72.396449 million.

New minor risk - Share price stability

Independent Non-Executive Director recently bought AU$66k worth of stock

Less than half of directors are independent

Tamboran Resources Limited Announces Board Appointments

Tamboran Resources Limited, Annual General Meeting, Nov 07, 2023

Forecast to breakeven in 2026

Tamboran Resources Limited Announces Change of Company Secretary

Price target decreased by 10% to AU$0.36

Non-Executive Director recently bought AU$73k worth of stock

Non-Executive Director recently bought AU$73k worth of stock

Tamboran Resources Limited Commences First Beetaloo Basin Stimulation Program

Less than half of directors are independent

Tamboran Resources Limited Provides EP 98 Operational Update

Tamboran Resources Limited (ASX:TBN) and Bryan Sheffield, the Founder, Chairman and CEO of US unconventional E&P Parsley Energy acquired 77.5% interest in three Beetaloo Basin permits (EP 98, 117 and 76) from Origin Energy Limited (ASX:ORG).

Tamboran Resources Limited, Annual General Meeting, Nov 18, 2022

Tamboran Resources Limited Provides Operational Update on EP 136

Tamboran Resources Limited (ASX:TBN) and Bryan Sheffield, the Founder, Chairman and CEO of US unconventional E&P Parsley Energy agreed to acquire 77.5 per cent interest in three Beetaloo Basin permits (EP 98, 117 and 76) from Origin Energy Limited (ASX:ORG) for AUD 60 million.

Tamboran Resources Limited (ASX:TBN) and Bryan Sheffield, the Founder, Chairman and CEO of US unconventional E&P Parsley Energy agreed to acquire 77.5 per cent interest in three Beetaloo Basin permits (EP 98, 117 and 76) for AUD 60 million.

Tamboran Resources Limited (ASX:TBN) and Bryan Sheffield, the Founder, Chairman and CEO of US unconventional E&P Parsley Energy agreed to acquire 77.5 per cent interest in three Beetaloo Basin permits (EP 98, 117 and 76) for AUD 60 million.

Tamboran Resources Limited T2h and T3h 30 Day Normalised Flow Rates Update

Tamboran Resources Limited Increases EP 161 2C Contingent Gas Resource by 164%

Tamboran Resources Limited Announces NTSC Stay Application Dismissed, Ensign Rig 970 to Commence Mobilisation to EP 136 Maverick 1H Location Imminently

Tamboran Resources Limited Provides Operational Update

Non-Executive Director recently bought AU$62k worth of stock

Less than half of directors are independent

Non-Executive Director recently bought AU$100k worth of stock

Tamboran Resources Limited Provides Update on EP 161 Tanumbirini 2H and 3H Flow Rates

Tamboran Resources Limited Announces Tanumbirini 2H and 3H in EP 161 Flow Gas to Surface Following Successful Fracture Stimulation Program

Tamboran Resources Limited Provides Update on Drill Program in EP 161

Tamboran Resources Limited Announces EP161 Tanumbirini 3H Well Spudded and Ahead of Schedule

Tamboran Resources Ltd has completed an IPO in the amount of AUD 61.004206 million.

Shareholder Returns

Price Volatility

About the Company

Tamboran Resources Corporation Fundamentals Summary

0.0x

-7.9x

Earnings & Revenue