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Tamboran Resources Corporation (TBN)
NYSE:TBN
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TBN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.92 - $25.99
Previous Close$20.25
Volume25.76K
Average Volume (3M)73.80K
Market Cap
$246.67M
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.44
Next Earnings
Sep 20, 2024EPS Estimate
-$120.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.73
Shares Outstanding14,228,024
10 Day Avg. Volume22,072
30 Day Avg. Volume73,798
Standard Deviation0.16
R-Squared1.00
Alpha0.28
Financial Highlights & Ratios
Price to Book (P/B)1.48
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-6.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$37.75Price Target Upside86.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Bulls Say, Bears Say
Bulls Say
Market PositionTamboran Resources offers a true shale gas exploration opportunity within a politically stable and gas-short economy.
Operational PlanThe operational plan for phase 1 is viewed favorably with a high probability for execution, expected to produce significant local market supply.
Strategic PartnershipsThe company has partnered with leading US OFS providers, HP and LBRT, transferring shale development technology to Australia which is anticipated to continue to reduce D&C costs and drive improving returns.
Bears Say
Major RisksMajor risks for TBN include delayed LNG facility construction, weaker local and Asian LNG pricing, inability to de-risk the Beetaloo Basin, environmental risk, and political risk.
Operational RisksRisks include the company’s ability to prove operational efficiencies and potential regulatory or market risks.
Project UncertaintyUncertainties rise considerably beyond phase 1, with lower probability weightings for phases 2 and 3.
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Options Prices
Currently, No data available
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Ownership Overview
18.50% Insiders
0.00% Mutual Funds
8.42% Other Institutional Investors
73.09% Public Companies and
Individual Investors
TBN FAQ
What was Tamboran Resources Corporation’s price range in the past 12 months?
Tamboran Resources Corporation lowest stock price was $17.91 and its highest was $25.99 in the past 12 months.
What is Tamboran Resources Corporation’s market cap?
Currently, no data Available
When is Tamboran Resources Corporation’s upcoming earnings report date?
Tamboran Resources Corporation’s upcoming earnings report date is Sep 20, 2024 which is 46 days ago.
How were Tamboran Resources Corporation’s earnings last quarter?
Currently, no data Available
Is Tamboran Resources Corporation overvalued?
According to Wall Street analysts Tamboran Resources Corporation’s price is currently Undervalued.
Does Tamboran Resources Corporation pay dividends?
Tamboran Resources Corporation does not currently pay dividends.
What is Tamboran Resources Corporation’s EPS estimate?
Tamboran Resources Corporation’s EPS estimate is -$120.15.
How many shares outstanding does Tamboran Resources Corporation have?
Tamboran Resources Corporation has 14,224,274 shares outstanding.
What happened to Tamboran Resources Corporation’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Tamboran Resources Corporation?
Currently, no hedge funds are holding shares in TBN
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Tamboran Resources Corporation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$37.75 (86.42% Upside)
$37.75 (86.42% Upside)
Insider Transactions
Bought Shares
Worth $13.6M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
-15.37%
Trailing 12-Months
Asset Growth
40.60%
Trailing 12-Months
Company Description
Tamboran Resources Corporation
Tamboran Resources is an early stage, growth-driven independent natural gas exploration and production company focused on an integrated approach to the commercial development of the natural gas resources in the Beetaloo located within the Northern Territory of Australia. We and our working interest partners have exploration permits to approximately 4.7 million contiguous gross acres (approximately 1.9 million net acres to Tamboran) and are currently the largest acreage holder in the Beetaloo. We believe natural gas will play a significant role in the transition to cleaner energy and are committed to supporting the global energy transition by developing commercial production of natural gas in the Beetaloo with net zero equity Scope 1 and 2 emissions.
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TBN Earnings Call
Q4 2024
0:00 / 0:00
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TBN Stock 12 Month Forecast
Average Price Target
$37.75
▲(86.42% Upside)
Technical Analysis
Best Analysts Covering TBN
1 Year
1 Year Success Rate
0/1 ratings generated profit
1 Year Average Return
-16.00%
initiated a buy rating 4 months ago
Copying Charles Meade's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -16.00% per trade.
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