# Tamboran Resources Corporation (TBN)

**Exchange:** NYSE  
**Sector:** Energy  
**Market cap:** $491M  
**Price:** $33.48 (-1.53%)

> Tamboran Resources Corporation is a natural gas exploration and production company focused on unconventional gas resources in Australia’s Northern Territory. The company concentrates on developing low carbon dioxide natural gas from the Beetaloo Basin, where it holds a large operated acreage position, targeting supply to both domestic and regional markets. Its activities are currently centered on exploration and appraisal, with a portfolio of working interests in exploration acreage rather than diversified downstream operations. Tamboran Resources Corporation positions its gas developments as a contributor to the energy transition in Australia and the broader Asia-Pacific region by aiming to provide relatively lower-emission natural gas to replace more carbon-intensive fuels. The company is headquartered in Sydney, Australia, and operates within the energy sector, specifically the oil and gas exploration and production industry. Through its Beetaloo-focused asset base, Tamboran Resources Corporation plays a role in addressing potential gas supply shortfalls in Australia while also targeting liquefied natural gas demand in Asian markets.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | — | — | -$39M | -$37M | $-2.52 |
| 2024 | — | — | -$21M | -$22M | $-2.32 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $446M | $57M | $288M | $39M | — |
| 2024 | $359M | $51M | $263M | $75M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$30M | — | — |
| 2024 | -$11M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/TBN)