What is Northland Securities’ Estimate for TBN Q1 Earnings?

Tamboran Resources Corporation (NYSE:TBN – Free Report) – Investment analysts at Northland Securities reduced their Q1 2027 earnings per share estimates for Tamboran Resources in a report released on Monday, September 28th. Northland Securities analyst J. Grampp now anticipates that the company will earn ($0.21) per share for the quarter, down from their prior estimate of ($0.19). The consensus estimate for Tamboran Resources’ current full-year earnings is ($0.50) per share. Northland Securities also issued estimates for Tamboran Resources’ Q2 2027 earnings at ($0.23) EPS, Q3 2027 earnings at ($0.23) EPS and FY2027 earnings at ($0.89) EPS.

A number of other analysts also recently weighed in on TBN. Weiss Ratings reissued a “sell (d)” rating on shares of Tamboran Resources in a research report on Monday, July 6th. Zacks Research raised shares of Tamboran Resources from a “strong sell” rating to a “hold” rating in a report on Monday, September 21st. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $58.50.

Check Out Our Latest Stock Analysis on Tamboran Resources

Tamboran Resources Price Performance

TBN stock opened at $33.29 on Wednesday. The company has a quick ratio of 2.00, a current ratio of 2.61 and a debt-to-equity ratio of 0.07. Tamboran Resources has a 52-week low of $22.33 and a 52-week high of $52.21. The stock’s 50 day moving average is $36.30 and its two-hundred day moving average is $35.52. The company has a market capitalization of $1.16 billion, a PE ratio of -17.80 and a beta of -1.90.

Institutional Trading of Tamboran Resources

Several institutional investors and hedge funds have recently bought and sold shares of the company. Walleye Capital LLC grew its position in 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 purchasing an additional 482 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Tamboran Resources in the second quarter valued at approximately $39,000. Deutsche Bank AG bought a new stake in shares of Tamboran Resources during the second quarter valued at approximately $42,000. Avalon Trust Co bought a new stake in shares of Tamboran Resources during the second quarter valued at approximately $44,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Tamboran Resources during the first quarter worth approximately $240,000.

About Tamboran Resources

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Tamboran Resources Corporation (NYSE:TBN) is an Australia-focused natural gas exploration and development company. The company’s primary asset base is located in the Beetaloo Basin in Australia’s Northern Territory, where it is pursuing the development of large-scale shale gas resources.

Tamboran’s activities include acquiring and evaluating exploration acreage, drilling and testing wells, and advancing infrastructure and commercial development plans for natural gas production. Its Beetaloo Basin portfolio includes the Shenandoah South and Amungee projects, which are intended to support future domestic gas supply and potential liquefied natural gas export opportunities.

The company was established to develop unconventional gas resources in Australia and has focused its operations on the Northern Territory rather than maintaining a broad international footprint.

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Earnings History and Estimates for Tamboran Resources (NYSE:TBN)

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