FY2026 EPS Estimates for TBN Lowered by Northland Securities

Tamboran Resources Corporation (NYSE:TBN) – Investment analysts at Northland Securities dropped their FY2026 earnings estimates for shares of Tamboran Resources in a report released on Monday, May 18th. Northland Securities analyst J. Grampp now anticipates 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.

Other research analysts also recently issued reports about the stock. Wells Fargo & Company boosted 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. 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. Finally, Royal Bank Of Canada raised shares of Tamboran Resources from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $38.00 to $55.00 in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $55.75.

Tamboran Resources Trading Up 0.5%

NYSE:TBN opened at $36.99 on Wednesday. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.10. The company has a fifty day moving average of $36.04 and a 200 day moving average of $29.97. The firm has a market capitalization of $1.05 billion, a P/E ratio of -19.78 and a beta of -2.17. Tamboran Resources has a 52 week low of $17.29 and a 52 week high of $52.21.

Tamboran Resources (NYSE:TBN) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates 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.

Institutional Trading of Tamboran Resources

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE grew its position in shares of Tamboran Resources by 64.5% in the 1st quarter. Bank of America Corp DE now owns 53,374 shares of the company’s stock worth $2,668,000 after buying an additional 20,932 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Tamboran Resources by 113.8% in the 1st quarter. The Manufacturers Life Insurance Company now owns 237,748 shares of the company’s stock worth $11,885,000 after buying an additional 126,549 shares during the period. Clough Capital Partners L P purchased a new stake in shares of Tamboran Resources in the 1st quarter worth about $2,344,000. Sei Investments Co. purchased a new stake in shares of Tamboran Resources in the 1st quarter worth about $526,000. Finally, 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 worth $399,000 after buying an additional 482 shares during the period.

Insiders Place Their Bets

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

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.