Tamboran Resources Corporation
Tamboran Resources Corporation, a natural gas company, engages in developing unconventional gas resources in the northern territory of Australia. Its assets include a 25% non-operated working interest in EP 161; a 38.75% working interest in EPs 76, 98, and 117; and a 100% working interest in EPs 136 and 143, as well as EP (A) 197, located in the Betaloo Basin. Tamboran Resources Corporation was f… Read more
Tamboran Resources Corporation (TBN) - Net Assets
Latest net assets as of December 2025: $735.49 Million USD
Based on the latest financial reports, Tamboran Resources Corporation (TBN) has net assets worth $735.49 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($900.05 Million) and total liabilities ($164.56 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $735.49 Million |
| % of Total Assets | 81.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | 273.17% |
| 10-Year Change | N/A |
| Growth Volatility | 28.91 |
Tamboran Resources Corporation - Net Assets Trend (2018–2025)
This chart illustrates how Tamboran Resources Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tamboran Resources Corporation (2018–2025)
The table below shows the annual net assets of Tamboran Resources Corporation from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $389.45 Million | +26.57% |
| 2024-06-30 | $307.69 Million | +91.61% |
| 2023-06-30 | $160.58 Million | +24.86% |
| 2022-06-30 | $128.61 Million | +23.23% |
| 2021-06-30 | $104.36 Million | +363.61% |
| 2020-06-30 | $-39.59 Million | -54.40% |
| 2019-06-30 | $-25.64 Million | -126.61% |
| 2018-06-30 | $-11.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tamboran Resources Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13285664300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.72K | 0.01% |
| Other Comprehensive Income | $-9.42 Million | -3.27% |
| Other Components | $464.41 Million | 161.41% |
| Total Equity | $287.72 Million | 100.00% |
Tamboran Resources Corporation Competitors by Market Cap
The table below lists competitors of Tamboran Resources Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Shaoneng Group Co Ltd
SHE:000601
|
$561.99 Million |
|
Evergreen Aviation Tech Corp
TW:2645
|
$561.99 Million |
|
FTAI Infrastructure Inc.
NASDAQ:FIP
|
$562.31 Million |
|
People & Technology Inc
KQ:137400
|
$562.32 Million |
|
Paradeep Phosphates Limited
NSE:PARADEEP
|
$561.48 Million |
|
Elsight Ltd
AU:ELS
|
$561.34 Million |
|
Beazer Homes USA Inc
NYSE:BZH
|
$561.31 Million |
|
Yunnan Yunwei Co Ltd Class A
SHG:600725
|
$561.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tamboran Resources Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 262,715,192 to 287,721,473, a change of 25,006,281 (9.5%).
- Net loss of 36,901,412 reduced equity.
- Share repurchases of 51,814,710 reduced equity.
- New share issuances of 51,814,710 increased equity.
- Other comprehensive income increased equity by 2,091,858.
- Other factors increased equity by 59,815,835.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-36.90 Million | -12.83% |
| Share Repurchases | $51.81 Million | -18.01% |
| Share Issuances | $51.81 Million | +18.01% |
| Other Comprehensive Income | $2.09 Million | +0.73% |
| Other Changes | $59.82 Million | +20.79% |
| Total Change | $- | 9.52% |
Book Value vs Market Value Analysis
This analysis compares Tamboran Resources Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | $-24.20 | $32.07 | x |
| 2019-06-30 | $-54.75 | $32.07 | x |
| 2020-06-30 | $-84.68 | $32.07 | x |
| 2021-06-30 | $135.99 | $32.07 | x |
| 2022-06-30 | $36.32 | $32.07 | x |
| 2023-06-30 | $23.06 | $32.07 | x |
| 2024-06-30 | $27.80 | $32.07 | x |
| 2025-06-30 | $19.62 | $32.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tamboran Resources Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -7.29x
- • Equity Multiplier: 1.55x
- Recent ROE (-12.83%) is below the historical average (-9.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.08 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.80 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.54 Million |
| 2021 | -22.83% | 0.00% | 0.00x | 1.08x | $-34.26 Million |
| 2022 | -6.09% | 0.00% | 0.00x | 1.04x | $-20.69 Million |
| 2023 | -22.96% | 0.00% | 0.00x | 1.31x | $-45.99 Million |
| 2024 | -8.34% | 0.00% | 0.00x | 1.37x | $-48.19 Million |
| 2025 | -12.83% | 0.00% | -7.29x | 1.55x | $-65.67 Million |
Industry Comparison
This section compares Tamboran Resources Corporation's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tamboran Resources Corporation (TBN) | $735.49 Million | 0.00% | 0.22x | $561.72 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |