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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#3694
Positioning
Market Dominance
Mining
Petroleum And Natural Gas
$488M
Joel Riddle
We are an early stage, growth-driven independent natural gas exploration and production company focused on an integrated approach to the commercial development of the natural gas resources in the Beetaloo located within the Northern Territory of Australia. Headquartered in Sydney, Australia, we have been investing in the development of Australian oil and natural gas reserves since our formation in 2009. Since 2014, we have focused our development activities within the Northern Territory. We were incorporated in the State of Delaware on October 3, 2023 for the purposes of effecting the corporate reorganization. Our principal executive offices are located at Suite 01, Level 39, Tower One, International Towers Sydney, 100 Barangaroo Avenue, Barangaroo NSW 2000, Australia.
Headcount
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| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$VALE Vale S.A. | 75 | 88 | 93 | 67 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$SU SUNCOR ENERGY INC | 74 | 87 | 90 | 53 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$TRX TRX GOLD Corp | 72 | 83 | 77 | 96 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ORLA Orla Mining Ltd. | 72 | 94 | 83 | 78 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$KGC KINROSS GOLD CORP | 71 | 83 | 89 | 79 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$AEM AGNICO EAGLE MINES LTD | 71 | 80 | 80 | 71 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$RIO RIO TINTO PLC | 70 | 76 | 84 | 64 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$IAG IAMGOLD CORP | 70 | 71 | 82 | 89 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NGD New Gold Inc. /FI | 70 | 76 | 67 | 92 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PDS PRECISION DRILLING Corp | 70 | 77 | 90 | 65 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$TBN Tamboran Resources Corp | 39 | 28 | 22 | 41 | - | - | -8.2% | -6.7% | - | - | - | - | 0.0% | 7.0x | $488M | ||
| SECTOR BENCH | - | - | - | - | - | 13.7x | 5.2x | 4.3% | 3.9% | 45.8% | 7.6% | 5.8% | 0.1% | 0.0% | 0.3x | - | REF |
Tamboran Resources Corp (TBN) receives a "Avoid" rating with a composite score of 38.8/100. It ranks #3694 out of 7,333 stocks in our coverage universe and carries a 1-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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HQ Base
BARANGAROO,
In-line with peers — no strong momentum signal
Expensive relative to fundamentals — limited margin of safety
Weak fundamentals — higher risk of value trap
Low volatility — smoother ride and historically better risk-adjusted returns
Aggressive spending — empire-building risk, dilutive growth
Below-average composite — caution warranted
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Relative valuation derived from Mining sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
No analyst ratings for TBN.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 28 | 19 | +9ALPHA |
| MOMENTUM | 41 | 41 | 0NEUTRAL |
| VALUATION | 22 | 12 | +10ALPHA |
| INVESTMENT | 23 | 8 | +15ALPHA |
| STABILITY | 62 | 69 | -7DRAG |
| SHORT INT | 13 | 2 | +11ALPHA |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROE proxy -8.2% (sector 4.3%)
GM N/A vs sector 46%, OM N/A vs sector 8%
Capital turnover N/A
Rev growth N/A, 2yr history
Interest coverage N/A
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate Tamboran Resources Corp (TBN) as Avoid with a composite score of 38.8/100 at a current price of $31.24. The stock falls in the bottom quintile, and the multi-factor weakness suggests a high probability of continued underperformance.
Tamboran Resources Corp holds a top-quartile position (#0 of 50) within the Mining sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 38.8/100 places it at rank #3694 in our full universe.
No Moat
Low
Poor
Fair Value
Stable competitive position in a defensive sector.
Below-average quality raises earnings sustainability concerns.
Vulnerability to macroeconomic shocks and interest rate volatility.
Tamboran Resources Corp represents a avoid based on multi-factor quantitative performance.
Our quantitative model flags Tamboran Resources Corp with an Avoid rating, assigning a composite score of 38.8/100 and 1 out of 5 stars. Ranked #3694 of 7,333 stocks, TBN falls in the bottom tier across key factors. Historically, stocks with this profile have faced elevated risk of underperformance and capital loss.
TBN's quality score of 28/100 is below average, suggesting challenges with profitability or capital efficiency. The company reports a return on equity of -8.2% (sector avg: 4.3%). Investors should examine whether management is actively addressing these weaknesses or if they reflect structural industry headwinds.
TBN registers a value score of just 22/100, suggesting the stock trades at a significant premium to its fundamental metrics. Key valuation metrics include a P/B ratio of 1.39x. High-premium valuations like this require strong future execution to avoid multiple compression, and downside risk is elevated if growth disappoints.
Tamboran Resources Corp's investment score of 23/100 suggests limited reinvestment activity. Key growth metrics include a return on assets of -6.7% (sector: 3.9%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
TBN is currently showing below-average momentum at 41/100, which may indicate weakening institutional interest or negative sentiment shifts. Revenue growth data is not currently available, while a beta of 0.60 reflects its sensitivity to broader market moves. Investors should note that declining momentum can precede further price weakness, though contrarian opportunities sometimes emerge at these levels.
With a stability score of 62/100, TBN exhibits average financial resilience. Key stability metrics include a beta of 0.60 and a debt-to-equity ratio of 7.00x (sector avg: 0.3x). While the balance sheet is not a major concern, the stock is subject to typical market volatility and may experience sharper drawdowns during risk-off episodes.
Tamboran Resources Corp's short interest score of 13/100 reveals significant bearish positioning, suggesting institutional investors are actively betting against the stock. Specific risk factors include elevated leverage (D/E: 7.00x), small-cap liquidity risk. At $488M (small-cap), TBN carries meaningful risk and is best suited for investors with high risk tolerance who have thoroughly evaluated the bear thesis.
Tamboran Resources Corp is a small-cap company in the Mining sector, ranked #0 of 50 in its sector (100th percentile) and #3694 of 7,333 overall (50th percentile). Key comparisons include ROE of -8.2% trailing the 4.3% sector median. This top-quartile standing reflects exceptional competitive strength relative to Mining peers.
While TBN currently exhibits a AVOID profile, superior opportunities exist within the MINING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Mining Alpha →Quant Factor Profile
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Improvement in Short Int. (13) would have the largest impact on the composite score.
ROE 291% BELOW SECTOR MEDIAN
Debt/Equity 2158% ABOVE SECTOR MEDIAN
Div. Yield NaN% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
Class action attorney Juan Monteverde's firm is investigating four merger transactions: Diamond Hill Investment Group's $175/share sale to First Eagle Investments, Tamboran Resources' merger with Falcon Oil & Gas, Cantor Equity Partners II's merger with Securitize, and Enzon Pharmaceuticals' merger with Viskase Companies. Shareholder votes are scheduled for March 2026.
Monteverde & Associates PC, a class action securities firm, is investigating four merger and acquisition transactions: Tamboran Resources' merger with Falcon Oil & Gas, First Foundation's sale to FirstSun Capital Bancorp (shareholder vote Feb 27), FG Merger II's merger with Boxabl Inc., and Middlefield Banc's sale to Farmers National Banc Corp (shareholder vote Feb 10). The firm invites shareholders to contact them regarding potential concerns about these deals.
Tamboran Resources Corporation (NYSE:TBN, ASX:TBN, OTC:TBNRL) says it remains on track to deliver first gas from the Beetaloo Basin in the third quarter of 2026, with its December quarterly outlining steady drilling progress, advancing infrastructure and strengthened funding. The company’s...
ASX Ltd (ASX:ASX) has confirmed its ASX SMIDcaps Conference will be held on Wednesday, March 25, 2026, bringing together a broad group of small and mid-cap company leaders to present their strategies and investment propositions to investors. The conference — hosted in partnership with Bell...
Tamboran Resources (NYSE:TBN) executives used the company’s fiscal 2026 second-quarter earnings presentation to outline progress toward first gas sales from the Beetaloo Basin, provide updates on well operations and midstream infrastructure, and discuss a busy 2026 work program. The call also marked