Tamboran Resources Corp (TBN)
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.
Sector: Crude Petroleum & Natural Gas
Industry: Oil & Gas Exploration & Production
Tamboran Resources Corp
NYSE:TBNEnergy · Oil & Gas Exploration & Production
+9.03%$30.30
AH Close$30.30+0.00%vs close
AH Close$30.30+0.00%vs close
Mkt Cap$1.06B
Float31.31M
O/S34.96M
Inst Own36.8%
SI1.4%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$26.07M
Total Assets$1.15B
Free Cash Flow-$80.67M
Debt & Equity
Debt 10%
Equity 90%
Total Debt$84.78M
Total Equity$796.22M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TBN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.15B
Liabilities$184.42M
Accounts Receivable$5.64M
Accounts Payable$27.14M
Inventory$0
PP&E (Net)$17.79M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $1.25M | $86K | $120K | $719K | $408K | $334K | $136K | $12K | $2K |
| Gross Profit | -$1.25M | -$86K | -$120K | -$719K | -$408K | -$334K | -$136K | -$12K | -$2K |
| Gross Margin | - | - | - | - | - | - | - | - | - |
| Research and Development | $123K | $6.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $12.89M | $21.71M | $17.32M | $18.72M | $7.82M | $17.42M | $12.25M | $3.22M | $4.03M |
| Other | $18.4M | $11.48M | $3.08M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $31.42M | $39.23M | $20.4M | $18.72M | $7.82M | $17.42M | $12.25M | $3.22M | $4.03M |
| Operating Income (EBIT) | -$32.67M | -$39.32M | -$20.52M | -$19.43M | -$8.22M | -$17.42M | -$12.25M | -$3.23M | -$4.04M |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $93K | $62K | $4.68M | $3.63M | $11.8M | $33K |
| Interest Income | $2.66M | $1.55M | $691K | $102K | $2K | $7K | $103K | $1.74M | $76K |
| Other Income (Expense) | $2.17M | -$308K | -$3.33M | -$12.76M | $389K | -$6.4M | -$2.25M | -$12.13M | -$173K |
| Income Before Tax (EBT) | -$30.5M | -$39.62M | -$23.85M | -$32.2M | -$7.83M | -$23.82M | -$14.5M | -$15.36M | -$4.21M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$26.07M | -$36.9M | -$21.92M | -$32.03M | -$7.83M | -$23.82M | -$14.5M | -$15.36M | -$4.21M |
| Net Income Margin | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||
| EPS | -1.16 | -2.52 | -2.28 | -7.96 | -3.21 | -31.04 | -4.21 | -4.72 | -1.33 |
| Diluted EPS | -1.16 | -2.52 | -2.28 | -7.96 | -3.21 | -31.04 | -4.21 | -4.72 | -1.33 |
| Weighted Average OS | 22.46M | 14.66M | 9.45M | 6.05M | 3.53M | 767,335 | 467,500 | 468,345 | 467,615 |
| EBITDA | -$31.42M | -$32.9M | -$20.37M | -$31.48M | -$7.23M | -$15.14M | -$12.56M | -$3.55M | -$4.24M |
| EBITDA Margin | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $219.13M | $39.44M | $74.75M | $7.06M | $26.81M | $63.08M | $5.59M | $26.5M | $1.74M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $219.13M | $39.44M | $74.75M | $7.06M | $26.81M | $63.08M | $5.59M | $26.5M | $1.74M |
| Accounts Receivable | $5.64M | $9.63M | $11.01M | $830K | $0 | $0 | $0 | $0 | $22K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $18.42M | $7.62M | $11.58M | $8.82M | $2.92M | $436K | $170K | $82K | $5K |
| Total Current Assets | $243.19M | $56.7M | $97.33M | $17.02M | $30.69M | $63.58M | $5.79M | $26.58M | $1.76M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $17.79M | $385.16M | $259.42M | $657K | $102.35M | $48.67M | $3.29M | $4.48M | $12K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $289K | $433K | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $893M | $4.61M | $1.89M | $164.89M | $593K | $321K | $16M | $0 | $1.41M |
| Total Long-Term Assets | $910.79M | $389.77M | $261.31M | $165.83M | $103.38M | $48.99M | $19.29M | $4.48M | $1.42M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.15B | $446.46M | $358.64M | $182.85M | $134.07M | $112.57M | $25.08M | $31.06M | $3.18M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $27.14M | $5.71M | $6.62M | $4.21M | $855K | $5.72M | $3.76M | $578K | $454K |
| Short-Term Debt | $0 | $0 | $0 | $281K | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $49.59M | $1.32M | $669K | $9.43M | $3M | $675K | $0 | $0 | $474K |
| Total Current Liabilities | $93.06M | $36.61M | $28M | $14.75M | $4.61M | $6.98M | $4.54M | $937K | $1.05M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $59.09M | $0 | $0 | $0 | $0 | $0 | $21.75M | $17.37M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $22.97M | $9.71M | $8.23M | $7.32M | $132K | $105K | $36.1M | $0 | $13.45M |
| Total Long-Term Liabilities | $91.36M | $20.41M | $22.96M | $7.52M | $855K | $1.22M | $60.14M | $17.37M | $13.45M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38.4M | $0 |
| Total Liabilities | $184.42M | $57.01M | $50.96M | $22.27M | $5.46M | $8.2M | $64.67M | $56.7M | $14.5M |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $35K | $17K | $14K | $7K | $217.44M | $183.85M | $20.52M | $20.46M | $20.46M |
| Retained Earnings | -$193.35M | -$167.28M | -$130.38M | -$108.46M | -$98.91M | -$88.11M | -$64.29M | -$49.79M | -$34.42M |
| Comprehensive Income & Other | -$812K | -$9.42M | -$11.51M | -$11.14M | $10.08M | $8.62M | $4.18M | $3.69M | $2.65M |
| Other Stockholders' Equity | $989.54M | $454.99M | $393.08M | $247.99M | $10.08M | $8.62M | $4.18M | $3.69M | $2.65M |
| Total Equity | $796.22M | $287.72M | $262.72M | $139.53M | $128.61M | $104.36M | -$39.59M | -$25.64M | -$11.32M |
| Minority Interest | $173.46M | $101.73M | $44.97M | $21.05M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $980.64M | $344.73M | $313.67M | $161.81M | $134.07M | $112.57M | $25.08M | $31.06M | $3.18M |
| Supplementary Data | |||||||||
| Total Debt | $84.78M | $26.4M | $27.89M | $480K | $1.11M | $1.47M | $24.33M | $17.37M | $0 |
| Net Debt | -$134.35M | -$13.04M | -$46.85M | -$6.58M | -$25.7M | -$61.61M | $18.74M | -$9.14M | -$1.74M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | AUD | AUD | AUD | AUD | AUD | AUD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 |
| Operating Activities | |||||||||
| Net Income | -$30.5M | -$39.62M | -$23.85M | -$32.03M | -$10.8M | -$23.82M | -$14.5M | -$15.36M | -$4.21M |
| Depreciation & Amortization | $1.25M | $86K | $120K | $719K | $562K | $435K | $134K | $12K | $2K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$301K |
| Stock-Based Compensation | $4.4M | $4.35M | $556K | $909K | $1.46M | $4.44M | $495K | $304K | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $2.86M | -$1.28M | $118K | -$620K | -$796K | -$296K | -$439K | -$56K | -$710 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$8.26M | $0 | $0 | $5.67M | $0 | $0 | $0 | $0 | -$294K |
| Other Working Capital | -$7.11M | -$3.51M | $6.82M | $263K | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$12.51M | -$4.79M | $6.94M | $5.31M | -$796K | -$296K | -$439K | -$56K | -$295K |
| Other Non-Cash Items | $2.75M | $10.33M | $4.83M | $13.2M | -$1.48M | $10.61M | $5.39M | $11.68M | $335K |
| Net Cash from Operating | -$34.6M | -$29.64M | -$11.4M | -$12.8M | -$11.06M | -$8.63M | -$8.93M | -$3.42M | -$4.47M |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | -$110.13M | -$63.7M | -$113.36M | -$54.88M | -$13.21M | -$11.96M | -$3.07M | $0 |
| Acquisitions | -$12.15M | $0 | $0 | $27.64M | -$1.03M | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$810K | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$175.41M | $11.36M | -$2.41M | $6.7M | -$205K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$187.56M | -$98.77M | -$66.11M | -$86.53M | -$56.12M | -$13.21M | -$11.96M | -$3.07M | $0 |
| Financing Activities | |||||||||
| Debt Repaid | -$55.26M | $7.77M | $5.47M | - | $360K | $310K | $85K | - | - |
| Common Stock Issuance | $290.98M | $51.81M | $148.63M | $85.24M | $0 | $0 | $0 | $31.97M | $681K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $66.02M | $57.01M | $3.23M | $20.94M | $31.47M | $79.65M | $60K | -$722K | -$34K |
| Net Cash from Financing | $412.27M | $101.06M | $146.39M | $85.24M | $31.11M | $79.34M | -$25K | $31.25M | $647K |
| Forex Effect | -$4.17M | -$2.24M | -$1.19M | $2.71M | -$208K | $638K | $0 | $1.74M | $0 |
| Net Change in Cash | $185.93M | -$29.58M | $67.69M | -$11.38M | -$36.27M | $57.49M | -$20.91M | $26.5M | -$3.82M |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$42.96M | -$29.64M | -$11.4M | -$12.8M | -$11.06M | -$8.63M | -$8.93M | -$3.42M | -$4.47M |
| Capital Expenditure | -$37.7M | -$110.13M | -$63.7M | -$8.6M | -$54.88M | -$13.21M | -$11.96M | -$3.07M | $0 |
| Free Cash Flow | -$80.67M | -$139.77M | -$75.1M | -$21.4M | -$65.95M | -$21.85M | -$20.88M | -$6.49M | -$4.47M |
| Cash at Beginning | $45.16M | $74.75M | $7.06M | $18.44M | $63.08M | $5.59M | $26.5M | $1.74M | $5.56M |
| Cash at End | $231.09M | $45.16M | $74.75M | $7.06M | $26.81M | $63.08M | $5.59M | $26.5M | $1.74M |