Tamboran Resources (TBN) to Release Quarterly Earnings on Wednesday

Key Points

• Tamboran Resources will release Q3 2026 results after the market close on Wednesday, May 13, with analysts forecasting ($0.36) EPS and $2.40 million in revenue; the company’s conference call is scheduled for 5:30 PM ET.
• Significant insider buying was reported recently: Director Phillip Z. Pace purchased 10,000 shares at $36.99 and Director Scott D. Sheffield bought 6,990 shares at $36.02, and insiders now own about 4.50% of the company.
• TBN stock traded around $35.47 (50-day MA $35.05, 200-day MA $29.22) with a market cap near $804M, and analysts hold a consensus "Moderate Buy" rating with a $55.75 price target while forecasting roughly -$1 EPS for the current fiscal year and $0 next year.

Tamboran Resources (NYSE:TBN - Get Free Report) is projected to post its Q3 2026 results after the market closes on Wednesday, May 13th. Analysts expect Tamboran Resources to post earnings of ($0.36) per share and revenue of $2.40 million for the quarter. Individuals can find conference call details on the company's upcoming Q3 2026 earning report page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 5:30 PM ET.

Tamboran Resources (NYSE:TBN - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported ($0.33) EPS for the quarter, meeting analysts' consensus estimates of ($0.33). On average, analysts expect Tamboran Resources to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Tamboran Resources Stock Performance

TBN stock opened at $35.47 on Wednesday. The stock has a 50-day moving average price of $35.05 and a 200-day moving average price of $29.22. Tamboran Resources has a 1-year low of $17.29 and a 1-year high of $52.21. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.09. The firm has a market cap of $803.99 million, a PE ratio of -18.57 and a beta of -2.17.

Insider Transactions at Tamboran Resources

In other news, Director Phillip Z. Pace purchased 10,000 shares of the company's stock in a transaction that occurred on Monday, April 13th. The shares were acquired at an average cost of $36.99 per share, with a total value of $369,900.00. Following the purchase, the director owned 35,809 shares in the company, valued at $1,324,574.91. This represents a 38.75% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Scott D. Sheffield purchased 6,990 shares of the business's stock in a transaction on Wednesday, April 8th. The stock was purchased at an average price of $36.02 per share, for a total transaction of $251,779.80. Following the acquisition, the director owned 292,430 shares of the company's stock, valued at approximately $10,533,328.60. This represents a 2.45% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 4.50% of the company's stock.

Hedge Funds Weigh In On Tamboran Resources

A number of large investors have recently modified their holdings of TBN. The Manufacturers Life Insurance Company increased its stake in Tamboran Resources by 125.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 111,199 shares of the company's stock valued at $3,007,000 after purchasing an additional 61,866 shares in the last quarter. Franklin Resources Inc. bought a new position in shares of Tamboran Resources in the fourth quarter valued at $2,026,000. 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 valued at $1,558,000 after buying an additional 7,670 shares during the last quarter. Whitebox Advisors LLC bought a new stake in shares of Tamboran Resources during the second quarter worth about $1,194,000. Finally, Millennium Management LLC bought a new stake in shares of Tamboran Resources during the fourth quarter worth about $1,019,000.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Tamboran Resources in a research note on Wednesday, April 8th. Piper Sandler restated an "overweight" rating and set a $74.00 price target (up from $41.00) on shares of Tamboran Resources in a report on Tuesday, March 31st. Royal Bank Of Canada raised shares of Tamboran Resources from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from $38.00 to $55.00 in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company boosted their target price 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. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $55.75.

About Tamboran Resources

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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