Tamboran Resources Corporation (TBN) AI Stock Analysis

• Market Cap: $246.67M
• Dividend Yield: N/A
• Average Volume (3M): 16.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.70
• Revenue Growth: N/A
• EPS Growth: 57.82%
• Country: US
• Employees: 39
• Sector: Energy
• Sector Strength: 44
• Industry: Fossil Fuels
• EPS (TTM): -1.98
• Shares Outstanding: 14,536,774
• 10 Day Avg. Volume: 14,168
• 30 Day Avg. Volume: 16,549
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1939.84
• Price to Cash Flow (P/CF): -17.80
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $31.50
• Price Target Upside: 45.30% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Tamboran Resources Corporation's overall score is driven by its significant financial struggles, particularly its negative cash flow and revenue. While technical indicators show positive momentum, the lack of profitability and unattractive valuation metrics weigh heavily on the score.

Tamboran Resources Corporation Business Overview & Revenue Model

Company Description

Tamboran Resources is an early stage, growth-driven independent natural gas exploration and production company focused on an integrated approach to the commercial development of the natural gas resources in the Beetaloo located within the Northern Territory of Australia. We and our working interest partners have exploration permits to approximately 4.7 million contiguous gross acres (approximately 1.9 million net acres to Tamboran) and are currently the largest acreage holder in the Beetaloo. We believe natural gas will play a significant role in the transition to cleaner energy and are committed to supporting the global energy transition by developing commercial production of natural gas in the Beetaloo with net zero equity Scope 1 and 2 emissions.

How the Company Makes Money

Tamboran Resources Corporation makes money through the exploration and production of natural gas, which is then sold to domestic and international markets. The company's revenue model is centered around the successful discovery and extraction of natural gas reserves, which are then commercialized through sales agreements with utility companies, industrial consumers, and possibly through liquefied natural gas (LNG) export contracts. Key revenue streams include the sale of natural gas, potential joint ventures, and partnerships with other energy companies to develop and monetize gas resources. Strategic partnerships and technological collaborations also play a significant role in enhancing the company's operational efficiencies and expanding its market reach.

Tamboran Resources Corporation Financial Statement Overview

Summary

Tamboran Resources Corporation faces severe financial challenges with negative revenue and profitability metrics. The balance sheet shows a strong equity base, but the inability to generate positive cash flow and reliance on financing are significant risks.

Income Statement

Tamboran Resources Corporation exhibits a challenging financial position with consistent negative total revenue across all periods. The company has not generated any positive revenue, which is concerning for its future profitability. Gross profit margins and net profit margins are negative, reflecting substantial losses. The lack of revenue growth and negative EBIT and EBITDA margins further highlight operational inefficiencies.

Balance Sheet

The company maintains a strong equity position with a high equity ratio, indicating potential resilience against financial distress. However, the debt-to-equity ratio suggests some leverage, although it remains manageable at current levels. The return on equity is negative due to ongoing net losses, which is a significant risk factor.

Cash Flow

Operating cash flows are consistently negative, which raises concerns about the company's ability to sustain operations without external financing. The free cash flow is also negative, indicating that the company is not generating sufficient cash to cover capital expenditures. This highlights potential liquidity challenges and reliance on financing activities.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-61.41K	―	-811.32K	-562.10K	-447.56K	-140.27K
	EBIT
-21.99M	-20.51M	-23.92M	-11.34M	-17.87M	-12.39M
	EBITDA
-15.61M	-19.61M	-46.79M	-10.18M	-18.69M	-10.74M
	Net Income Common Stockholders
-32.93M	-22.30M	-47.62M	-10.80M	-23.82M	-14.50M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
59.44M	74.75M	10.64M	26.81M	63.08M	5.59M
	Total Assets
362.92M	358.64M	255.46M	134.07M	112.57M	25.08M
	Total Debt
22.68M	27.89M	723.54K	1.11M	1.47M	2.58M
	Net Debt
-36.77M	-46.85M	-9.92M	-25.70M	-61.61M	-3.01M
	Total Liabilities
53.87M	50.96M	34.62M	5.46M	8.20M	64.67M
	Stockholders Equity
243.88M	262.72M	220.83M	128.61M	104.36M	-39.59M
Cash Flow		Free Cash Flow
-57.79M	-75.10M	-156.78M	-65.95M	-21.85M	-20.88M
	Operating Cash Flow
-8.90M	-11.40M	-19.36M	-11.06M	-8.63M	-8.93M
	Investing Cash Flow
-58.22M	-66.11M	-128.54M	-56.12M	-13.21M	-11.96M
	Financing Cash Flow
31.36M	146.39M	131.64M	31.11M	79.34M	-24.85K

Tamboran Resources Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EQT	76 Outperform	$29.66B	110.78	1.30%	1.27%	3.00%	-90.88%
AR	65 Neutral	$10.30B	183.38	0.82%	―	-4.22%	-77.20%
GPOR	58 Neutral	$3.00B	16.69	-13.60%	―	-11.68%	-123.15%
Sector *	57 Neutral	$7.56B	4.34	-4.83%	6.50%	-0.19%	-64.60%
RRC	56 Neutral	$8.02B	30.58	6.88%	0.99%	-7.57%	-69.25%
CNX	54 Neutral	$4.26B	9.01	-2.14%	―	-4.26%	-105.72%
TBN	42 Neutral	$246.67M	―	-10.70%	―	―	57.82%