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TBN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
36.332
Open
36.250
VWAP
35.51
Vol
244.24K
Mkt Cap
810.58M
Low
34.430
Amount
8.67M
EV/EBITDA(TTM)
--
Total Shares
22.67M
EV
1.04B
EV/OCF(TTM)
--
P/S(TTM)
--
Tamboran Resources Corporation is an Australia-based independent natural gas exploration and production company focused on an integrated approach to the commercial development of the natural gas resources in the Beetaloo Basin located within the Northern Territory of Australia. Through its subsidiaries, the Company holds approximately 1.9 million net prospective acres in the Beetaloo Basin. Its key assets include a 47.5% operating interest over 20,309 acres in the proposed northern Pilot Area, a 38.75% non-operating interest over 20,309 acres in the proposed southern Pilot Area, a 58.13% operating interest in the proposed Phase 2 development area covering 406,693 acres, a 67.83% operated interest over 219,030 acres in a proposed Retention License 10, a 77.5% operating interest across 1,487,418 acres over ex-EPs 76, 98 and 117, a 100% working interest and operatorship in EP 136 and a 25% non-operated working interest in EP 161, which are all located in the Beetaloo Basin.
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Events Timeline

(ET)
2026-04-08
06:00:00
RBC Capital and Wells Fargo Jointly Manage Offering
select
2026-04-07 (ET)
2026-04-07
17:50:00
RBC Capital Markets and Wells Fargo Securities Jointly Manage Offering
select
2026-04-07
16:20:00
Tamboran Resources Files Automatic Mixed Securities Shelf
select
2026-04-02 (ET)
2026-04-02
09:10:00
Shenandoah South 6H Well Sets Record with 10.3 Million Cubic Feet Per Day
select
2026-03-30 (ET)
2026-03-30
09:10:00
Tamboran and DWE Sign Farm-in Agreement to Advance Beetaloo Basin Development
select
2026-01-12 (ET)
2026-01-12
08:20:00
Tamboran Resources Appoints Todd Abbott as CEO
select

News

seekingalpha
8.5
04-08seekingalpha
Tamboran Resources Sets Pricing for Public Offering
  • Offering Size: Tamboran Resources has announced a public offering of 2.96 million shares at $35.00 each, with expected gross proceeds of $103.5 million, excluding an additional 443,491 shares that underwriters can purchase within 30 days, indicating the company's proactive approach to capital markets.
  • Use of Proceeds: The net proceeds from this offering will fund additional drilling in the Pilot Area, resource delineation in the Orion Acreage and Beetaloo Central Development Area, drilling in EP 161, working capital, and other corporate purposes, highlighting the company's strategic focus on expanding its resource base.
  • Underwriter Arrangement: RBC Capital Markets and Wells Fargo Securities will serve as joint book-running managers for this offering, ensuring a smooth fundraising process while bolstering market confidence in Tamboran Resources.
  • Stock Price Reaction: Following the offering announcement, Tamboran's stock sharply declined in after-hours trading, falling to as low as $38.50, representing a roughly 15% drop, reflecting market concerns regarding the offering and investor sentiment about the company's future prospects.
Yahoo Finance
8.5
04-08Yahoo Finance
Tamboran Raises ~$198M to Accelerate Beetaloo Basin Growth Ahead of First Gas
  • Capital Raising Scale: Tamboran aims to raise approximately $198 million through an underwritten US public offering and entitlement offer, with proceeds allocated for drilling, infrastructure, and resource delineation in the Northern Territory, facilitating the company's first gas production by Q3 2026.
  • Equity Structure Adjustment: The financing will issue around 5.7 million new shares, representing 25% of existing capital, priced at $35 each, reflecting a discount of about 22.8% to the last close, indicative of market dynamics for pre-cash flow energy developments.
  • Infrastructure Progress: The processing infrastructure for the Shenandoah South pilot project is approximately 84% complete, with an initial production target of about 40 million cubic feet per day, and a contracted gas sales agreement with the Northern Territory government extending to 2041, ensuring a stable revenue stream.
  • Favorable Market Outlook: As east coast gas demand is projected to face shortfalls by the mid-2030s, Tamboran's Beetaloo Basin is positioned as a new domestic supply source, particularly amid geopolitical factors that emphasize the value of stable Australian gas supply into Asia, enhancing market expectations for its future development.
Newsfilter
8.5
04-08Newsfilter
Tamboran Resources Prices Public Offering at $35 per Share
  • Public Offering Pricing: Tamboran Resources has priced its public offering at $35 per share for 2,956,602 shares, expecting gross proceeds of $103.5 million, indicating strong market demand for its equity.
  • Underwriter's Option: The company has granted underwriters a 30-day option to purchase an additional 443,491 shares, enhancing fundraising flexibility and potential revenue.
  • Clear Use of Proceeds: The funds raised will be allocated for additional drilling in the Pilot Area, resource delineation in the Beetaloo Central Development Area, and general corporate purposes, reflecting the company's strategic growth plans.
  • Transaction Timeline: The offering is expected to close on April 9, 2026, subject to customary closing conditions, demonstrating the company's active engagement in capital markets and confidence in future developments.
seekingalpha
8.5
04-07seekingalpha
Tamboran Resources Announces Public Offering Amidst Market Decline
  • Public Offering Initiated: Tamboran Resources has commenced an underwritten public offering of over 2.95 million common shares, with underwriters having the option to purchase an additional 15%, resulting in a 17.1% decline in post-market trading, indicating market concerns over the financing plan.
  • Clear Use of Proceeds: The company plans to utilize the proceeds for additional drilling in the Pilot Area, resource delineation in the Orion Acreage and Beetaloo Central Development Area, drilling in the EP 161 acreage, working capital, and other general corporate purposes, showcasing its proactive approach to future growth.
  • Farm-in Agreement Reached: Last week, Tamboran announced a farm-in agreement with Daly Waters Energy to advance development in the Beetaloo Basin in Australia's Northern Territory, allowing for a staged earn-in of up to approximately $28.5 million, reflecting strategic decision-making in resource development.
  • Land Interest Transfer: The company agreed to farm down approximately 10,000 acres of its working interest across the Shenandoah North and South Pilot Areas and the Beetaloo Central Development Area, aiming to optimize resource allocation and enhance collaboration with partners to facilitate project advancement.
Newsfilter
8.5
04-07Newsfilter
Tamboran Resources Launches Underwritten Public Offering
  • Offering Size: Tamboran Resources has commenced an underwritten public offering of 2,956,602 shares of common stock, with an additional 443,491 shares available for underwriters, reflecting the company's proactive stance in capital markets.
  • Use of Proceeds: The net proceeds from the offering are intended for additional drilling in the Pilot Area, resource delineation in the Orion Acreage, and drilling in the EP 161 acreage, aimed at enhancing the company's resource development capabilities and market competitiveness.
  • Underwriter Selection: RBC Capital Markets and Wells Fargo Securities are acting as joint book-running managers for the offering, indicating a strategic choice in financing that boosts market confidence in the company's fundraising capabilities.
  • Compliance and Transparency: The offering adheres to an effective registration statement, ensuring all securities transactions comply with U.S. securities laws, which enhances investor trust in the company's compliance and promotes market transparency.
Newsfilter
8.5
04-07Newsfilter
Tamboran Resources Launches Direct Stock Offering
  • Direct Offering Initiated: Tamboran Resources has commenced a registered direct stock offering aimed at qualified institutional buyers under Rule 144A of the Securities Act of 1933, targeting increased participation from institutional investors.
  • Public Offering Scale: The concurrent public offering includes 2,956,602 shares of common stock, which could rise to 3,400,093 shares if underwriters fully exercise their option, indicating the company's proactive engagement with capital markets.
  • Clear Use of Proceeds: The net proceeds from this offering are intended for additional drilling in the Pilot Area, resource delineation in the Orion acreage, and drilling in the EP 161 acreage, reflecting the company's strategic planning for future growth.
  • Market Positioning: Tamboran holds approximately 1.9 million net prospective acres in the Beetaloo Basin, making it the largest acreage holder in the region, showcasing its leadership and market potential in Australia's natural gas development sector.
Wall Street analysts forecast TBN stock price to rise
4 Analyst Rating
Wall Street analysts forecast TBN stock price to rise
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
35.00
Averages
37.75
High
41.00
Current: 0.000
sliders
Low
35.00
Averages
37.75
High
41.00
Piper Sandler
Mark Lear
maintain
$41 -> $74
AI Analysis
2026-03-31
Reason
Piper Sandler
Mark Lear
Price Target
$41 -> $74
AI Analysis
2026-03-31
maintain
Reason
Piper Sandler analyst Mark Lear raised the firm's price target on Tamboran Resources to $74 from $41 and keeps an Overweight rating on the shares following two recent transactions in the Beetaloo Basin that values the basin at $2.9-5.5k/acre including the farm-out transaction of 10k net acres to Daly Waters. The deal follows the announcement last week that INPEX is farming into DWE's position in the Beetaloo, with an option to further expand its position. Tamboran is expected to close the acquisition of Falcon in the next couple of weeks and anticipates having a farm out agreement of its own by mid-FY26, in an environment where the Iran War is expected to place a premium on long-term gas resource outside the Middle East, adds Piper.
Northland
Outperform
maintain
$37 -> $60
2026-03-30
Reason
Northland
Price Target
$37 -> $60
2026-03-30
maintain
Outperform
Reason
Northland raised the firm's price target on Tamboran Resources to $60 from $37 and keeps an Outperform rating on the shares after the company's joint venture partner in the Beetaloo, Daly Waters Energy, announced a farmout to Japan's INPEX at what the firm calls "an impressive valuation." Tamboran is seeking a farmout too, with INPEX "a likely candidate," the analyst tells investors.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TBN
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Valuation Metrics

The current forward P/E ratio for Tamboran Resources Corp (TBN.N) is 0.00, compared to its 5-year average forward P/E of -6.77. For a more detailed relative valuation and DCF analysis to assess Tamboran Resources Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-6.77
Current PE
0.00
Overvalued PE
0.80
Undervalued PE
-14.34

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-14.02
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
-2.92
Undervalued EV/EBITDA
-25.12

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
7.50
Current PS
12.45
Overvalued PS
22.57
Undervalued PS
-7.56

Financials

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Whales Holding TBN

W
Washington H. Soul Pattinson and Company Limited
Holding
TBN
+15.50%
3M Return
H
Hite Hedge Asset Management LLC
Holding
TBN
+11.26%
3M Return

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Frequently Asked Questions

What is Tamboran Resources Corp (TBN) stock price today?

The current price of TBN is 35.76 USD — it has decreased -4.67

What is Tamboran Resources Corp (TBN)'s business?

Tamboran Resources Corporation is an Australia-based independent natural gas exploration and production company focused on an integrated approach to the commercial development of the natural gas resources in the Beetaloo Basin located within the Northern Territory of Australia. Through its subsidiaries, the Company holds approximately 1.9 million net prospective acres in the Beetaloo Basin. Its key assets include a 47.5% operating interest over 20,309 acres in the proposed northern Pilot Area, a 38.75% non-operating interest over 20,309 acres in the proposed southern Pilot Area, a 58.13% operating interest in the proposed Phase 2 development area covering 406,693 acres, a 67.83% operated interest over 219,030 acres in a proposed Retention License 10, a 77.5% operating interest across 1,487,418 acres over ex-EPs 76, 98 and 117, a 100% working interest and operatorship in EP 136 and a 25% non-operated working interest in EP 161, which are all located in the Beetaloo Basin.

What is the price predicton of TBN Stock?

Wall Street analysts forecast TBN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TBN is37.75 USD with a low forecast of 35.00 USD and a high forecast of 41.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Tamboran Resources Corp (TBN)'s revenue for the last quarter?

Tamboran Resources Corp revenue for the last quarter amounts to 0.00 USD, decreased

What is Tamboran Resources Corp (TBN)'s earnings per share (EPS) for the last quarter?

Tamboran Resources Corp. EPS for the last quarter amounts to -0.33 USD, decreased -66.67

How many employees does Tamboran Resources Corp (TBN). have?

Tamboran Resources Corp (TBN) has 46 emplpoyees as of April 20 2026.

What is Tamboran Resources Corp (TBN) market cap?

Today TBN has the market capitalization of 810.58M USD.