What is Northland Securities’ Forecast for TBN Q1 Earnings?

Tamboran Resources Corporation (NYSE:TBN) – Stock analysts at Northland Securities issued their Q1 2027 EPS estimates for shares of Tamboran Resources in a research note issued on Monday, May 18th. Northland Securities analyst J. Grampp forecasts that the company will post earnings per share of ($0.05) for the quarter. The consensus estimate for Tamboran Resources’ current full-year earnings is ($1.44) per share. Northland Securities also issued estimates for Tamboran Resources’ Q2 2027 earnings at ($0.02) EPS, Q3 2027 earnings at ($0.06) EPS and Q4 2027 earnings at ($0.10) EPS.

TBN has been the subject of a number of other research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Tamboran Resources in a report on Wednesday, April 8th. Piper Sandler reissued an “overweight” rating and set a $74.00 price objective (up from $41.00) on shares of Tamboran Resources in a research note on Tuesday, March 31st. Royal Bank Of Canada upgraded Tamboran Resources from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $38.00 to $55.00 in a report on Wednesday, April 29th. Finally, Wells Fargo & Company raised their target price on Tamboran Resources from $35.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.75.

Tamboran Resources Stock Up 0.8%

NYSE TBN opened at $36.77 on Tuesday. The business has a fifty day moving average price of $35.92 and a 200 day moving average price of $29.89. Tamboran Resources has a one year low of $17.29 and a one year high of $52.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.00 and a current ratio of 2.00. The company has a market cap of $1.04 billion, a P/E ratio of -19.66 and a beta of -2.17.

Tamboran Resources (NYSE:TBN) last announced its earnings results on Wednesday, May 13th. The company reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.06). The business had revenue of $0.99 million during the quarter, compared to analyst estimates of $2.40 million.

Hedge Funds Weigh In On Tamboran Resources

A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in Tamboran Resources by 66.7% in the 4th quarter. Bank of America Corp DE now owns 1,500 shares of the company’s stock valued at $31,000 after purchasing an additional 600 shares during the last quarter. Whitebox Advisors LLC purchased a new position in shares of Tamboran Resources during the second quarter worth $1,194,000. State of Wyoming purchased a new position in shares of Tamboran Resources during the second quarter worth $99,000. Ingalls & Snyder LLC grew its stake in shares of Tamboran Resources by 124.1% in the third quarter. Ingalls & Snyder LLC now owns 258,534 shares of the company’s stock valued at $7,079,000 after buying an additional 143,194 shares in the last quarter. Finally, Arbiter Partners Capital Management LLC acquired a new stake in shares of Tamboran Resources in the third quarter valued at $1,356,000.

Insiders Place Their Bets

In other Tamboran Resources news, Director Scott D. Sheffield purchased 6,990 shares of the stock in a transaction dated Wednesday, April 8th. The stock was acquired at an average cost of $36.02 per share, for a total transaction of $251,779.80. Following the acquisition, the director owned 292,430 shares in the company, valued at $10,533,328.60. This trade represents a 2.45% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Phillip Z. Pace bought 10,000 shares of the firm’s stock in a transaction on Monday, April 13th. The stock was bought at an average cost of $36.99 per share, for a total transaction of $369,900.00. Following the transaction, the director directly owned 35,809 shares of the company’s stock, valued at $1,324,574.91. The trade was a 38.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 4.50% of the company’s stock.

About Tamboran Resources

Tamboran Resources is an independent energy company focused on the exploration and development of unconventional natural gas resources. Headquartered in Canada and listed on the New York Stock Exchange under the ticker TBN, the company concentrates its activities on onshore basins in Australia. Tamboran’s primary objective is to advance its exploration acreage toward commercial viability by leveraging modern drilling and reservoir evaluation techniques.

The company holds exploration licenses in the Beetaloo Basin in the Northern Territory of Australia, where it is conducting appraisal drilling programs to define reservoir characteristics and recoverability.