Tamboran Resources (TBN) Stock Price, News & Analysis

Company Overview

Tamboran Resources Corporation, a natural gas company, focuses on developing unconventional gas resources in the northern territory of Australia. Its assets include a 25% non-operated working interest in EP 161; a 38.75% working interest in EPs 76, 98, and 117; and a 100% working interest in EPs 136 and 143, as well as EP (A) 197, located in the Betaloo Basin. Tamboran Resources Corporation was founded in 2009 and is headquartered in Sydney, Australia.

Key Stats

• Today's Range: $18.75 to $19.19
• 50-Day Range: $18.19 to $20.27
• 52-Week Range: $17.48 to $25.99
• Volume: 3,259 shs
• Average Volume: 18,367 shs
• Market Capitalization: $272.88 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $37.75
• Consensus Rating: Moderate Buy

Tamboran Resources Stock Analysis - MarketRank™

Tamboran Resources scored higher than 63% of companies evaluated by MarketBeat, and ranked 136th out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tamboran Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Tamboran Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Tamboran Resources are expected to grow in the coming year, from ($1.17) to ($1.10) per share.

Price to Book Value per Share Ratio

Tamboran Resources has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.40% of the float of Tamboran Resources has been sold short.

Short Interest Ratio / Days to Cover

Tamboran Resources has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tamboran Resources has recently decreased by 6.98%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Tamboran Resources does not currently pay a dividend.

Dividend Growth

Tamboran Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.40% of the float of Tamboran Resources has been sold short.

Short Interest Ratio / Days to Cover

Tamboran Resources has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tamboran Resources has recently decreased by 6.98%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.8 / 5
• News Sentiment: -0.60

News Sentiment

Tamboran Resources has a news sentiment score of -0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Tamboran Resources this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for TBN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Tamboran Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $249,971.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 5.10% of the stock of Tamboran Resources is held by insiders.

TBN Stock Analysis - Frequently Asked Questions

How have TBN shares performed this year?

Tamboran Resources' stock was trading at $24.05 at the start of the year. Since then, TBN stock has decreased by 20.2% and is now trading at $19.19.
View the best growth stocks for 2024 here.

When did Tamboran Resources IPO?

Tamboran Resources (TBN) raised $75 million in an initial public offering on Thursday, June 27th 2024. The company issued 3,125,000 shares at $24.00 per share.

When does Tamboran Resources' lock-up period expire?

Tamboran Resources' lock-up period expires on Tuesday, December 24th. Tamboran Resources had issued 3,125,000 shares in its initial public offering on June 27th. The total size of the offering was $75,000,000 based on an initial share price of $24.00. After the end of Tamboran Resources' lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Who are Tamboran Resources' major shareholders?

Top institutional shareholders of Tamboran Resources include Baupost Group LLC MA (4.01%), HITE Hedge Asset Management LLC (3.44%), Yaupon Capital Management LP (0.98%) and The Manufacturers Life Insurance Company (0.67%).
View institutional ownership trends.

How do I buy shares of Tamboran Resources?

Shares of TBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Today: 11/17/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:TBN
• Previous Symbol: NYSE:TBN
• CUSIP: N/A
• CIK: 1997652
• Web: N/A
• Phone: 61 2 8330 6626
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $37.75
• High Stock Price Target: $47.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +96.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 2.59
• Quick Ratio: 3.48

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $22.99 per share
• Price / Book: 0.83

Miscellaneous

• Outstanding Shares: 14,220,000
• Free Float: 13,499,000
• Market Cap: $272.88 million
• Optionable: N/A
• Beta: N/A