Tamboran Resources Corporation (TBN) AI Stock Analysis

• Market Cap: $246.67M
• Dividend Yield: N/A
• Average Volume (3M): 31.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.30
• Revenue Growth: N/A
• EPS Growth: 57.82%
• Country: US
• Employees: 39
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -91.60
• Shares Outstanding: 17,770,758
• 10 Day Avg. Volume: 11,416
• 30 Day Avg. Volume: 31,154
• PEG Ratio: 0.91
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.10
• 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: $35.67
• Price Target Upside: 77.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 39 Underperform
• Price Target: ―

Tamboran Resources Corporation's stock score is heavily impacted by its negative financial performance and valuation metrics. The lack of profitability, negative cash flow, and reliance on external financing contribute to a low score. Technical analysis indicates some potential for recovery but remains bearish overall. The absence of earnings call data and corporate events further limits positive influences on the stock rating.

Tamboran Resources Corporation Business Overview & Revenue Model

Company Description

Tamboran Resources Corporation (TBN) is an energy company focused on the exploration, development, and production of natural gas resources. The company primarily operates in the Beetaloo Sub-basin in Northern Territory, Australia, which is considered one of the most promising shale gas regions globally. Tamboran Resources aims to leverage advanced drilling and extraction technologies to efficiently tap into these resources, contributing to both domestic energy supply and potential export opportunities.

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 is facing significant financial challenges with negative revenue and profitability metrics. While the balance sheet shows a strong equity base, the company's inability to generate positive cash flow and revenue is concerning. There is a heavy reliance on financing activities to support operations, posing potential risks if external funding becomes constrained.

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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	―	-811.32K	-562.10K	-447.56K	-140.27K
EBITDA	-19.61M	-46.79M	-10.18M	-18.69M	-10.74M
Net Income	-22.30M	-47.62M	-10.80M	-23.82M	-14.50M
Balance Sheet
Total Assets	358.64M	255.46M	134.07M	112.57M	25.08M
Cash, Cash Equivalents and Short-Term Investments	74.75M	10.64M	26.81M	63.08M	5.59M
Total Debt	27.89M	723.54K	1.11M	1.47M	2.58M
Total Liabilities	50.96M	34.62M	3.76M	8.20M	64.67M
Stockholders Equity	262.72M	220.83M	128.61M	104.36M	-39.59M
Cash Flow
Free Cash Flow	-75.10M	-156.78M	-65.95M	-21.85M	-20.88M
Operating Cash Flow	-11.40M	-19.36M	-11.06M	-8.63M	-8.93M
Investing Cash Flow	-66.11M	-128.54M	-56.12M	-13.21M	-11.96M
Financing Cash Flow	146.39M	131.64M	31.11M	79.34M	-24.85K

Tamboran Resources Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 20.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TBN, the sentiment is Neutral. The current price of 20.1 is above the 20-day moving average (MA) of 19.82, below the 50-day MA of 20.62, and below the 200-day MA of 20.98, indicating a neutral trend. The MACD of -0.43 indicates Negative momentum. The RSI at 49.64 is Neutral, neither overbought nor oversold. The STOCH value of 29.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TBN.

Tamboran Resources Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGS	78 Outperform	$304.23M	17.94	6.77%	―	22.64%	78.46%
NC	75 Outperform	$302.61M	8.79	8.62%	2.30%	14.70%	―
SJT	61 Neutral	$268.93M	251.97	39.61%	0.40%	-85.94%	-88.55%
OIS	59 Neutral	$355.75M	66.32	0.75%	―	-9.04%	―
Sector *	52 Neutral	C$2.96B	-1.55	-3.48%	6.54%	3.13%	-49.39%
EP	50 Neutral	$168.21M	―	-36.23%	―	6.28%	13.18%
TBN	39 Underperform	$246.67M	―	-10.70%	―	―	57.82%

Tamboran Resources Corporation Corporate Events

Tamboran Resources Director Stephanie Reed Resigns

On April 15, 2025, Stephanie Reed resigned from the Board of Directors of Tamboran Resources Corporation, where she also served on the compensation and sustainability committees. Her resignation was not due to any disagreements with the company, and she had been instrumental in supporting Tamboran’s successful NYSE listing in June 2024. The company expressed gratitude for her contributions and wished her well in her future endeavors.

Spark’s Take on TBN Stock

According to Spark, TipRanks’ AI Analyst, TBN is a Neutral.

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.

To see Spark’s full report on TBN stock, click here.