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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
10/09/2026: TBN (1-star) is currently NOT-A-BUY. Pass it for now.
Tamboran Resources Corporation is a US-listed natural gas exploration company focused on developing unconventional shale assets in Australia's Beetaloo Basin. The company's core strength lies in its extensive land position and its strategic transition to a US-based entity to access larger capital markets for project development. The primary investment story centers on the potential to commercialize gas reserves to meet regional energy demand. However, the company faces significant risks, including the lack of current cash flow, high execution requirements, and regulatory sensitivities related to shale development. This stock is best suited for growth-oriented investors who can tolerate high volatility and monitor progress on operational milestones.
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 | Investors seeking exposure to early-stage energy exploration may find the high-risk, high-reward profile compelling. |
| Momentum investor | Strong fit while signal remains positive | The company's transition to a US listing and major project milestones can drive price momentum during positive news cycles. |
| Value investor | Weak fit | The lack of earnings and assets that are not yet cash-flow generative makes this unsuitable for traditional value strategies. |
| Dividend investor | Weak fit | There is no dividend income and the company requires capital investment for the foreseeable future. |
| Low-risk investor | Weak fit | The volatility associated with exploration, regulatory risk, and commodity prices is incompatible with low-risk objectives. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Commodity price swings directly affect the economic viability of future gas projects. |
| Valuation risk | High | Valuations are highly speculative as they rely on contingent resource estimates rather than current cash flow. |
| Competition risk (Major Energy Producers) | Medium / high | Established players have more capital and infrastructure to dominate market supply. |
| Business quality | Medium | The company is at a nascent stage and has yet to build a track record of operational profitability. |
| Dividend income | Low / none | The company does not generate the surplus cash flow required to pay dividends. |
| Execution risk | High | The company must successfully navigate technical drilling challenges and regulatory approvals to reach production. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
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 10/09/2026 |
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 1.21B USD | Price to earnings Ratio - | 1Y Target Price 56.67 |
Price to earnings Ratio - | 1Y Target Price 56.67 | ||
Volume (30-day avg) 146.8K shares | Beta 0.49 | 52 Weeks Range 22.34 - 52.21 | Updated Date 10/09/2026 |
52 Weeks Range 22.34 - 52.21 | Updated Date 10/09/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.16 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Natural Gas Exploration | Appraisal, development, and eventual extraction of gas from the Beetaloo Basin. | The company currently makes no money and is investing heavily to hopefully sell gas in the future. |
Valuation
Trailing PE - | Forward PE 10000 | Enterprise Value 1.23B | Price to Sales(TTM) - |
Enterprise Value 1.23B | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 28.28M | Shares Floating 36.22M |
Shares Outstanding 28.28M | Shares Floating 36.22M | ||
Percent Insiders 21.35 | Percent Institutions 38.65 |
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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