Tamboran Resources Corp (TBN) Stock Score, Valuation & Financial Research

Tamboran Resources Corp is in the Energy sector and Oil & Gas Exploration & Production industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for TBN

Tamboran Resources Corp does not currently have a complete Wall Street Score. The stored market price is USD 33.49. These figures are a research snapshot, not a buy or sell recommendation.

What Tamboran Resources Corp does

Tamboran Resources Corporation is an energy firm focused on natural gas, with a core mission to unlock unconventional gas reserves situated in Australia's Northern Territory. The company's asset portfolio encompasses a 25% non-operated stake in EP 161, a 38.75% equity share across EPs 76, 98, and 117, and a complete 100% ownership interest in EPs 136, 143, and EP (A) 197. All these properties are primarily located within the prolific Beetaloo Basin. Tamboran Resources Corporation was founded in 2009 and maintains its corporate headquarters in Sydney, Australia.

Company business and revenue

Research reporting period: 2026-06-30. A research update is not a new financial filing.

How the company makes money

Tamboran Resources Corporation is an early-stage, growth-driven independent natural gas exploration and production company. It generates value by developing unconventional natural gas resources in the Beetaloo Basin, Australia, through exploration, drilling, and the commercialization of gas assets for the local Northern Territory market.

Products and services

  • Natural gas exploration and production services, including the development of gas wells and compression facilities.

Customer types

Local Northern Territory gas market.

Disclosed major customers

  • Northern Territory Government Source

Suppliers, materials and equipment

  • Oilfield service providers — Various contractors providing drilling, completion, and infrastructure construction services; specific supplier names are unnamed. Source

Business relationships and partnerships

  • Daly Waters Energy, LP — A farm-in agreement providing for a staged earn-in for exploration and development activities. Source

Business strengths to evaluate

  • Significant unconventional natural gas resources in the Beetaloo Basin Source

Business risks and research considerations

  • Operational risks associated with exploration and production activities Source
  • Dependence on successful commercialization of early-stage assets Source

Sources: Company research source · Daly Waters Energy, LP

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

TBN financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
Not currently available
Stored price:
USD 33.49
Market capitalization:
1.17B (currency not supplied)
Revenue:
USD 0.00
Net income:
USD -26.07M
Free cash flow:
USD -80.67M
Cash:
USD 219.14M
Total debt:
USD 84.78M
EPS:
USD -1.27

What stands out

  • Free cash flow is USD -80.67M, negative for the stored period.
  • The balance sheet shows USD 219.14M of cash versus USD 84.78M of total debt, an excess of cash over debt on these two reported measures.
  • The current research record carries a fundamental change risk warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Cash exceeds debt by USD 134.35M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for TBN

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • How long can TBN fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • How is TBN likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • What specifically needs to improve for TBN to reach sustainable profitability?
  • What does the current fundamental change risk warning mean for the reliability or interpretation of TBN's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-01.

Research-input completeness: 73% of the scoring inputs required for this public page are currently available.

How to research TBN

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

Learn how to analyze a stock · Read the Wall Street Score methodology · Browse other stocks

Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.