Tamboran Resources Corporation (NYSE:TBN – Free Report) – Research analysts at Northland Securities issued their Q1 2027 earnings estimates for Tamboran Resources in a research report issued to clients and investors on Monday, May 18th. Northland Securities analyst J. Grampp anticipates that the company will post earnings of ($0.05) per share for the quarter. The consensus estimate for Tamboran Resources’ current full-year earnings is ($1.44) per share. Northland Securities also issued estimates for Tamboran Resources’ Q2 2027 earnings at ($0.02) EPS, Q3 2027 earnings at ($0.06) EPS and Q4 2027 earnings at ($0.10) EPS.
Tamboran Resources (NYSE:TBN – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.36) by ($0.06). The business had revenue of $0.99 million for the quarter, compared to the consensus estimate of $2.40 million.
Read Our Latest Research Report on Tamboran Resources
Tamboran Resources Stock Up 0.8%
Shares of NYSE TBN opened at $36.77 on Tuesday. The stock has a market cap of $1.04 billion, a P/E ratio of -19.66 and a beta of -2.17. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.10. Tamboran Resources has a 12-month low of $17.29 and a 12-month high of $52.21. The business’s fifty day simple moving average is $35.92 and its 200-day simple moving average is $29.89.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. Walleye Capital LLC grew its position in shares of Tamboran Resources by 6.4% in the 1st quarter. Walleye Capital LLC now owns 7,983 shares of the company’s stock valued at $399,000 after buying an additional 482 shares during the last quarter. Bank of America Corp DE lifted its position in Tamboran Resources by 66.7% in the fourth quarter. Bank of America Corp DE now owns 1,500 shares of the company’s stock valued at $31,000 after acquiring an additional 600 shares during the last quarter. State of Wyoming acquired a new position in Tamboran Resources in the second quarter valued at $99,000. Janney Montgomery Scott LLC acquired a new position in Tamboran Resources in the first quarter valued at $240,000. Finally, Arbiter Partners Capital Management LLC grew its holdings in shares of Tamboran Resources by 15.5% during the fourth quarter. Arbiter Partners Capital Management LLC now owns 57,212 shares of the company’s stock worth $1,558,000 after purchasing an additional 7,670 shares during the last quarter.
Insider Transactions at Tamboran Resources
In other Tamboran Resources news, Director Phillip Z. Pace bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The stock was purchased at an average price of $36.99 per share, for a total transaction of $369,900.00. Following the completion of the purchase, the director directly owned 35,809 shares in the company, valued at $1,324,574.91. This trade represents a 38.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Scott D. Sheffield purchased 6,990 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was acquired at an average cost of $36.02 per share, with a total value of $251,779.80. Following the completion of the acquisition, the director directly owned 292,430 shares of the company’s stock, valued at $10,533,328.60. This represents a 2.45% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 4.50% of the stock is owned by insiders.
Tamboran Resources Company Profile
Tamboran Resources is an independent energy company focused on the exploration and development of unconventional natural gas resources. Headquartered in Canada and listed on the New York Stock Exchange under the ticker TBN, the company concentrates its activities on onshore basins in Australia. Tamboran’s primary objective is to advance its exploration acreage toward commercial viability by leveraging modern drilling and reservoir evaluation techniques.
The company holds exploration licenses in the Beetaloo Basin in the Northern Territory of Australia, where it is conducting appraisal drilling programs to define reservoir characteristics and recoverability.
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