benzinga.comSEP 253 min read$TBN

Tamboran Resources Q4 2026 Earnings Call Transcript - Tamboran Resources (NYSE:TBN)

Tamboran Resources (NYSE:TBN) reported Q4 2026 earnings, highlighting first gas sales from the Beetaloo Basin, generating royalties and jobs. The company is in the commissioning phase of a gas sales agreement, with plans for 40 terajoules per day supply. They completed a major stimulation campaign using local sand, potentially reducing well completion costs. Construction of the Sturt Plateau compression facility was completed under budget.

Original reporting

benzinga.com

Published Sep 25, 2026, 12:39 PM UTC

Analysis

AlphAI AI DeskAI-generated

Added to AlphAI Sep 25, 2026, 1:07 PM UTC. Informational, not investment advice.

How this was made

AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

About AlphAI AI Desk Scoring methodology Report an issue

Tamboran Resources Q4 2026 Earnings Call Transcript - Tamboran Resources (NYSE:TBN) — source image — Source · benzinga.com

Decision brief

The 30-second read

$TBNBullishMed

Why it matters

The disclosed milestones provide fresh material for valuation models and may trigger short‑term price movement.

Market read

First gas sales and a sizable capital raise constitute primary news that could influence investor sentiment and sector dynamics.

What to watch

Future take‑or‑pay obligations may lock in revenue but also expose the company to demand volatility.

Relevance 7/10Novelty 7/10Timing: post‑earnings call

Background

Tamboran Resources (NYSE:TBN) reported Q4 2026 results, including first gas sales, a $186M capital raise, and cost‑saving initiatives.

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$TBNBullishMedium confidence

Context

Tamboran Resources disclosed first gas sales from the Beetaloo Basin and raised $186M via a public offer, strengthening its balance sheet.

Expected impact

Potential upside of 5-10% as market digests first gas sales and under‑budget construction.

Evidence & confidence

First revenue stream and cash infusion are material, but execution risk remains during commissioning.

Market effects

Sector

Highlights growth potential for Australian gas producers and may lift sentiment in the broader energy sector.

Regional

Supports Northern Territory gas supply outlook, could influence regional commodity pricing.

Global

Limited to energy markets; modest impact on global commodity sentiment.

Counterpoint

What could challenge this read

Commissioning delays or lower-than-expected gas demand could temper the upside.

Key entities

Company
Tamboran Resources
US‑listed oil and gas producer focusing on the Beetaloo Basin.
Partner
Liberty Energy
Stimulation service provider entering a non‑binding MOU with Tamboran.

Read at source ← All news

SEP 25

$TBNHighAI 8/10

Tamboran Resources Q4FY26 Results: Delivers first gas sales, raises $186M

Tamboran Resources (NYSE: TBN) reported first gas sales from the Beetaloo Basin, raising $186M net of fees, with $225M in cash at Q4FY26 end. The company plans to drill six more wells in 18 months. Operational milestones include under-budget infrastructure completion and cost-saving initiatives. Management seeks strategic partners for large-scale development.

scanx.trade2 min

SEP 25

$TBNLow

Tamboran Resources Corp (TBN): Results of Operations and Financial Condition

Tamboran Resources Corp (TBN) filed an SEC Form 8-K — Results of Operations and Financial Condition. ` NYSE: TBN, ASX: TBN 4Q FY26 Result Presentation Mr. Todd Abbott – Chief Executive Officer September 25, 2026 The information in this presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities A

SEC EDGAR 8-K2 min

SEP 2

$TBNMed

Tamboran Resources starts Beetaloo gas commissioning and moves to extend Liberty Energy partnership

Tamboran Resources (NYSE: TBN) began gas commissioning at its Shenandoah South development, targeting first sales to the Northern Territory Government. The Sturt Plateau Compression Facility, a joint venture, is on schedule and within budget. Tamboran also plans to extend its partnership with Liberty Energy (NYSE: LBRT) for up to five years for hydraulic fracture stimulation services.

proactiveinvestors.com2 min

JUL 21

$TBNMed

Tamboran Resources receives 113% upside valuation from H&P Research

H&P Research assigned Tamboran Resources (TBN) a risked valuation implying 113% upside, keeping risked NAV at US$67 per TBN share (A$0.47 per ASX CDI) versus a higher market price. It cited completion of a record Beetaloo Basin stimulation campaign, reduced execution risk, and catalysts including first gas in Sep 2026 and possible Orion farm-out. H&P set unrisked value at >US$7.1B and risked at ~US$2.4B.

proactiveinvestors.co.uk6 min

JUN 4

$TBNMedAI 8/10

Tamboran Resources (NYSE:TBN) Shares Gap Up – What’s Next?

Tamboran Resources (NYSE:TBN) shares opened higher after closing at $32.62, gapping up to $34.29 and last trading at $34.86 on Thursday with 8,631 shares traded. Analysts cited new targets: Roth Mkm $47 (buy), Piper Sandler $74 (overweight), Wells Fargo $58 (overweight), RBC $55 (outperform), while Weiss rated sell (d). The company reported May 13 EPS of ($0.42), below consensus of ($0.36).

tickerreport.com6 min

MAY 29

$TBNMedAI 9/10

Tamboran completes Falcon subsidiaries acquisition to build Beetaloo Basin position

Tamboran Resources has completed its acquisition of Falcon Oil & Gas Ltd’s subsidiaries after final court approval from the Supreme Court of British Columbia. The deal adds about 2.8 million net prospective acres in the Beetaloo Basin depocenter, making Tamboran the largest acreage holder in the Northern Territory gas region. Tamboran issued 6,537,503 shares; it has 34,856,412 shares outstanding and a pro forma market cap of about US$1.2 billion.

proactiveinvestors.com.au4 min