Tamboran Resources Corp announced a director or officer change; made a public disclosure
SEC 8-KRead source ↗
Tamboran Resources Corp is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in June.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders2 buying, 0 selling3 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
- Funds80 adding, 16 cuttingOf 25 active managers that changed their stake, 20 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 15% in the quarter to 2026-03-31.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Tamboran Resources Corp's latest figures clears our strength thresholds.
Things to watch
- Volatile shares. Over the past year the shares showed annualised volatility of 60% and a beta of -0.3 against the S&P 500.
Latest results
- Earnings per share
- -$0.39 against an average estimate of -$0.34: missed by 14.9%
- Share reaction
- -8.0% in the first session after the results on September 25, 2026, against -0.2% for the S&P 500
- Next report
- November 12, 2026; average EPS estimate -$0.11
Price chart
- 1 day-0.2%
- 1 week-6.2%
- 1 month-12.8%
- This year+7.9%
- 1 year+19.2%
- S&P 500 this year+11.2%
Loading chart…
Third-party market data · may be delayed
At a glance
Earnings
- Last results
- September 25, 2026
- Next results (est.)
- December 25, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Leadership
- Results
Tamboran Resources Corp reported results
SEC 8-KRead source ↗ - Announcement
Tamboran Resources Corp made a public disclosure
SEC 8-KRead source ↗
No model value for Tamboran Resources Corp at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Tamboran Resources Corp as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.5 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Tamboran Resources Corp with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Forecasts and guidance
Next results: November 12, 2026, after the close. Analysts expect revenue of $1m and EPS of −$0.11 (range −$0.28 to $0.04) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | −$0.24 | +77% | $75m | 0% |
| Next | −$0.17 | +72% | $110m | +46% |
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is −33.2% on 90 days ago. In the last 30 days, 0 analysts raised Tamboran Resources Corp's forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | −$0.37 | −$0.62 |
| 60 days ago | −$0.37 | −$0.48 |
| 30 days ago | −$0.37 | −$0.40 |
| 7 days ago | −$0.63 | −$0.18 |
| Now | −$0.24 | −$0.17 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Mar 2026 | −$0.34 | −$0.39 | −14.9% |
| Dec 2025 | −$0.36 | −$0.27 | +24.4% |
| Sept 2025 | −$0.29 | −$0.36 | −25.2% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 1.3% of tradable shares
- Days to cover
- 2.69 at average volume
- Short interest, 1 month
- +6% to October 15, 2026
- Held by institutions
- 39% of shares
- Held by insiders
- 21.4% of shares
- Employees
- 45 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2025 | 2026 to date |
|---|---|---|
| Return | ||
| TBN | +30% | +8% |
| Industry peers (median) | −15% | +18% |
| S&P 500 | +18% | +11% |
| Months that ended higher | ||
| TBN | 50% | 46% |
| S&P 500 | 75% | 46% |
| Largest fall from a high during the year | ||
| TBN | −39% | −44% |
| S&P 500 | −19% | −9% |
Worst fall since June 27, 2024: 44% from March 31, 2026 to October 22, 2026. Getting back needed a 80% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $22.60 – $49.99
- From 52-week high
- −41.2%
- vs 50-day average
- −16.1%
- vs 200-day average
- −13.4%
- Volatility (1 year)
- 61%
- Beta vs S&P 500
- -0.35
Share price after results
- Next day
- 1 up, 9 down typical move ±2.7%
- After a week
- 3 up, 7 down typical move ±7.9%
- After a month
- 3 up, 7 down typical move ±11.7%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| September 25, 2026 | −8.0% | −0.2% | −7.2% | −15.6% |
| May 13, 2026 | +1.3% | +1.4% | −0.2% | +12.1% |
| February 11, 2026 | −3.5% | −1.6% | +4.2% | −0.3% |
| November 13, 2025 | −2.8% | −1.7% | −5.8% | −0.3% |
| September 25, 2025 | −1.6% | +0.1% | +30.5% | +23.8% |
| May 14, 2025 | −1.4% | +0.6% | −2.5% | +13.2% |
| February 12, 2025 | −0.6% | +0.7% | +11.7% | −6.2% |
| November 12, 2024 | −2.2% | −0.3% | −4.1% | −13.6% |
| September 20, 2024 | −0.7% | +0.1% | −0.9% | −8.1% |
| July 31, 2024 | −5.2% | +0.2% | −11.5% | −23.7% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $422M
- Institutions reporting
- 95
- Shares held vs prior quarter
- ▲ 50.6%
- Positions opened / closed
- 46 / 10
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Hite Hedge Asset Management LLC | $93.7M | 2.9M | 22.2% | ▲ 38.8% |
| Gilder Gagnon Howe & Co LLC | $35.5M | 1.1M | 8.4% | ▲ 29.8% |
| Alberta Investment Management Corp | $27.9M | 859K | 6.6% | 0.0% |
| Cinctive Capital Management LP | $21.3M | 655K | 5.0% | ▲ 542.4% |
| Yaupon Capital Management LP | $20.3M | 624K | 4.8% | ▲ 16.5% |
| Reaves W H & Co Inc | $20M | 615K | 4.7% | ▲ 261.8% |
| Ingalls & Snyder LLC | $16.4M | 504K | 3.9% | ▲ 48.6% |
| Hightower Advisors, LLC | $14.8M | 457K | 3.5% | ▲ 860.9% |
| Ancient Art, L.P. | $14.2M | 437K | 3.4% | 0.0% |
| UBS Group AG | $14.1M | 434K | 3.3% | ▼ 7.3% |
| Citadel Advisors LLC | $12.9M | 398K | 3.1% | ▲ 171.4% |
| Merewether Investment Management, LP | $9.6M | 294K | 2.3% | ▲ 327.5% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Tamboran Resources Corp's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart Insider purchases History → $668,680 3 trades by 2 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $668,680 net buying
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Pace Phillip Z Director | April 13, 2026 | Buy | 10,000 | $36.99 | $369,900 |
| Sheffield Scott D Director | April 8, 2026 | Buy | 6,990 | $36.02 | $251,780 |
| Pace Phillip Z Director | November 21, 2025 | Buy | 2,000 | $23.50 | $47,000 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around December 25, 2026 estimated from the company's past filing pattern, not announced
- September 25, 2026
- May 13, 2026
- February 11, 2026
- November 13, 2025
- September 25, 2025
- May 14, 2025
Recent SEC filings
- DEF 14A Proxy statement
- 8-K Current report
- 10-K Annual report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Tamboran Resources Corp in brief
- What does Tamboran Resources Corp do?
- Tamboran Resources Corp is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in June.
- What is Tamboran Resources Corp's stock ticker?
- Tamboran Resources Corp trades under the ticker TBN on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Tamboran Resources Corp's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Hite Hedge Asset Management LLC, Gilder Gagnon Howe & Co LLC and Alberta Investment Management Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Tamboran Resources Corp stock?
- Over the last 12 months, Tamboran Resources Corp's directors and officers reported 3 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
- When is Tamboran Resources Corp's next earnings date?
- Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Tamboran Resources Corp announces its own schedule.
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