FY2026 EPS Estimates for TBN Lowered by Northland Securities

Tamboran Resources Corporation (NYSE:TBN) – Equities researchers at Northland Securities dropped their FY2026 EPS estimates for shares of Tamboran Resources in a note issued to investors on Monday, May 18th. Northland Securities analyst J. Grampp now forecasts that the company will earn ($1.45) per share for the year, down from their prior forecast of ($1.44). The consensus estimate for Tamboran Resources’ current full-year earnings is ($1.44) per share. Northland Securities also issued estimates for Tamboran Resources’ Q4 2026 earnings at ($0.27) EPS and FY2027 earnings at ($0.24) EPS.

Several other brokerages also recently commented on TBN. Piper Sandler reissued an “overweight” rating and set a $74.00 price objective (up from $41.00) on shares of Tamboran Resources in a research report on Tuesday, March 31st. Weiss Ratings reissued a “sell (d)” rating on shares of Tamboran Resources in a research report on Wednesday, April 8th. Wells Fargo & Company increased their price objective on shares of Tamboran Resources from $35.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, March 30th. Finally, Royal Bank Of Canada raised shares of Tamboran Resources from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $38.00 to $55.00 in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $55.75.

Tamboran Resources Stock Performance

Shares of TBN stock opened at $36.99 on Wednesday. Tamboran Resources has a one year low of $17.29 and a one year high of $52.21. The company’s 50-day moving average is $36.04 and its 200 day moving average is $29.97. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of -19.78 and a beta of -2.17. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.00 and a current ratio of 2.00.

Tamboran Resources (NYSE:TBN) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.36) by ($0.06). The company had revenue of $0.99 million for the quarter, compared to the consensus estimate of $2.40 million.

Hedge Funds Weigh In On Tamboran Resources

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in Tamboran Resources by 64.5% during the 1st quarter. Bank of America Corp DE now owns 53,374 shares of the company’s stock valued at $2,668,000 after acquiring an additional 20,932 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Tamboran Resources by 113.8% during the 1st quarter. The Manufacturers Life Insurance Company now owns 237,748 shares of the company’s stock valued at $11,885,000 after acquiring an additional 126,549 shares during the period. Clough Capital Partners L P bought a new position in Tamboran Resources during the 1st quarter valued at about $2,344,000. Sei Investments Co. bought a new position in Tamboran Resources during the 1st quarter valued at about $526,000. Finally, Walleye Capital LLC lifted its stake in Tamboran Resources by 6.4% during the 1st quarter. Walleye Capital LLC now owns 7,983 shares of the company’s stock valued at $399,000 after acquiring an additional 482 shares during the period.

Insider Activity

In related news, Director Phillip Z. Pace bought 10,000 shares of the stock in a transaction on Monday, April 13th. The shares were acquired at an average price of $36.99 per share, for a total transaction of $369,900.00. Following the purchase, the director owned 35,809 shares of the company’s stock, valued at approximately $1,324,574.91. The trade was a 38.75% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Scott D. Sheffield bought 6,990 shares of the stock in a transaction on Wednesday, April 8th. The shares were bought at an average price of $36.02 per share, for a total transaction of $251,779.80. Following the purchase, the director directly owned 292,430 shares in the company, valued at approximately $10,533,328.60. This trade represents a 2.45% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 4.50% of the stock is currently owned by corporate 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.