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Upturn AI Summary - About
Tamboran Resources Corporation(TBN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for TBN
10/23/2026: TBN (1-star) is currently NOT-A-BUY. Pass it for now.
Tamboran Resources Corporation is an Australian-based energy company focused on the development of natural gas reserves in the Beetaloo Basin. The company recently transitioned to a US-listed entity to better access capital for its development-stage shale projects. Its primary strength lies in its extensive land position in a region with significant gas potential, using advanced US-style drilling techniques. However, as a pre-revenue company, it faces high execution, regulatory, and capital risks, requiring successful drilling and infrastructure commercialization to generate returns. It may suit growth-oriented investors with a high risk tolerance, but investors should monitor drilling results and infrastructure partnerships closely as primary indicators of progress.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers potential high growth via asset development, but carries the significant risks of a pre-revenue explorer. |
| Momentum investor | Mixed fit | Momentum may be influenced by drilling results or commodity price trends, making it conditionally relevant on positive news flow. |
| Value investor | Weak fit | Current valuation is based on resource potential rather than earnings or cash flow multiples. |
| Dividend investor | Weak fit | The company is in an exploration phase and does not pay dividends. |
| Low-risk investor | Weak fit | The speculative nature of shale exploration and lack of current cash flow make this unsuitable for low-risk strategies. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Commodity price fluctuations directly impact the project economics. |
| Valuation risk | Medium / high | Valuation relies on potential reserves rather than realized cash flow. |
| Competition risk (Energy sector) | Medium | Larger, better-capitalized incumbents can out-compete on infrastructure and capital access. |
| Business quality | Medium | The company is transitioning from exploration to potential production, which is inherently risky. |
| Dividend income | Low / none | There is no dividend income as the company is pre-revenue. |
| Execution risk | High | Successfully proving and developing unconventional shale reservoirs is technically complex and uncertain. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 22.95% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.06B USD | Price to earnings Ratio - | 1Y Target Price 58.57 |
Price to earnings Ratio - | 1Y Target Price 58.57 | ||
Volume (30-day avg) 174.2K shares | Beta 0.49 | 52 Weeks Range 22.34 - 52.21 | Updated Date 10/24/2026 |
52 Weeks Range 22.34 - 52.21 | Updated Date 10/24/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.27 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Upstream Gas Development | Exploration and appraisal of natural gas in the Beetaloo Basin. | The company is currently spending money to find and prepare gas fields for future sales. |
Valuation
Trailing PE - | Forward PE 10000 | Enterprise Value 291.92M | Price to Sales(TTM) - |
Enterprise Value 291.92M | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 28.28M | Shares Floating 29.37M |
Shares Outstanding 28.28M | Shares Floating 29.37M | ||
Percent Insiders 21.35 | Percent Institutions 38.82 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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