Tamboran Successfully Completes Largest Beetaloo Basin Stimulation Program
Business Wire (Mon, 20-Jul 7:00 AM ET)
Market Chameleon (Tue, 30-Sep 3:35 AM ET)
Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory. The group is in the exploration and appraisal stage, focusing on its primary assets consisting of rights to working interests in exploration acreage in the Beetaloo sub-basin, Northern Territory, Australia.
Tamboran Resources trades on the NYSE stock market under the symbol TBN.
As of August 28, 2026, TBN stock price declined to $37.15 with 42,715 million shares trading.
TBN has a beta of -0.92, meaning it tends to be less sensitive to market movements. TBN has a correlation of 0.04 to the broad based SPY ETF.
TBN has a market cap of $1.29 billion. This is considered a Small Cap stock.
Last quarter Tamboran Resources reported $0 in Revenue and -$.42 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.08.
The top ETF exchange traded funds that TBN belongs to (by Net Assets): CBSE, AVSC, CSNR, FENY, ISCG.
TBN has outperformed the market in the last year with a price return of +85.8% while the SPY ETF gained +19.7%. TBN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.2% and +0.9%, respectively, while the SPY returned +2.2% and -0.9%, respectively.
TBN support price is $36.82 and resistance is $38.68 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TBN shares will trade within this expected range on the day.
