Tamboran Resources Management
Management criteria checks 2/4
Tamboran Resources' CEO is Joel Riddle, appointed in Sep 2013, has a tenure of 11.25 years. total yearly compensation is $1.16M, comprised of 37.6% salary and 62.4% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth A$618.36K. The average tenure of the management team and the board of directors is 3.1 years and 3.8 years respectively.
Key information
Joel Riddle
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 37.6% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.1yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$25m |
| Jun 30 2024 | US$1m | US$436k | -US$22m |
| Mar 31 2024 | n/a | n/a | -US$26m |
| Dec 31 2023 | n/a | n/a | -US$28m |
| Sep 30 2023 | n/a | n/a | -US$30m |
| Jun 30 2023 | US$1m | US$566k | -US$32m |
| Mar 31 2023 | n/a | n/a | -US$17m |
| Dec 31 2022 | n/a | n/a | -US$15m |
| Sep 30 2022 | n/a | n/a | -US$11m |
| Jun 30 2022 | US$856k | US$469k | -US$7m |
| Mar 31 2022 | n/a | n/a | -US$12m |
| Dec 31 2021 | n/a | n/a | -US$15m |
| Sep 30 2021 | n/a | n/a | -US$16m |
| Jun 30 2021 | US$3m | US$469k | -US$18m |
Compensation vs Market: Joel's total compensation ($USD1.16M) is above average for companies of similar size in the Australian market ($USD687.14K).
Compensation vs Earnings: Joel's compensation has increased whilst the company is unprofitable.
CEO
Joel Riddle (50 yo)
11.3yrs
Tenure
US$1,157,958
Compensation
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 joining in September 2013. He has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 11.3yrs | US$1.16m | 0.15% A$ 618.4k | |
| Chief Financial Officer | 5.1yrs | US$812.52k | 0.15% A$ 613.0k | |
| Chief Operating Officer | 3.3yrs | US$727.93k | 0.23% A$ 952.0k | |
| Vice President of Investor Relations | 3.1yrs | no data | no data | |
| Executive Vice President of Gas Marketing | less than a year | no data | no data | |
| Executive Vice President of New Ventures & Infrastructure | less than a year | no data | no data | |
| Company Secretary | 1.3yrs | no data | no data |
3.1yrs
Average Tenure
Experienced Management: TBN's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 6yrs | US$1.16m | 0.15% A$ 618.4k | |
| Independent Non-Executive Director | 3.8yrs | US$96.36k | 2.23% A$ 9.1m | |
| Independent Chairman of the Board | 8.7yrs | US$143.73k | 0.21% A$ 860.5k | |
| Independent Non-Executive Director | 15.8yrs | US$96.70k | 0.97% A$ 3.9m | |
| Independent Non-Executive Director | 1.3yrs | US$68.35k | 0.00043% A$ 1.8k | |
| Independent Non-Executive Director | 10.3yrs | US$104.53k | 0.21% A$ 843.9k | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Independent Non-Executive Director | 1.7yrs | no data | no data | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Independent Non-Executive Director | 1.7yrs | US$104.90k | 0.000070% A$ 284.9 | |
| Non-Executive Director | 1.3yrs | US$68.64k | 0.00028% A$ 1.1k |
3.8yrs
Average Tenure
62yo
Average Age
Experienced Board: TBN's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:47 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tamboran Resources Corporation is covered by 8 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kaleinoheaokeala Akamine | BofA Global Research |
| Paul Diamond | Citigroup Inc |
| Anish Kapadia | Hannam & Partners (Advisory) LLP |