Tamboran Resources (TBN) Operating Expenses (2023 - 2026)
Tamboran Resources (TBN) recorded Operating Expenses of $8.37 million in fiscal Q3 2026 (quarter ended Mar 31, 2026), down 4.9% from $8.8 million a year earlier but up 7.3% from the prior quarter.
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Analysis
Tamboran Resources (TBN) Operating Expenses (2023 - 2026) Analysis & Trends
On a TTM basis, Tamboran Resources' Operating Expenses came in at $32.9 million as of Mar 31, 2026, down 10.4% year-over-year; for FY2025 (ended Jun 30, 2025), it was $39.32 million, up 91.6% from FY2024.
- Across earlier fiscal years, Operating Expenses came in at $20.52 million in FY2024.
- Quarterly Operating Expenses has ranged from $3.56 million in fiscal Q3 2024 to $15.02 million in fiscal Q2 2025 over the past five years.
- On a year-over-year basis, Operating Expenses rose in five of the last seven quarters, with growth averaging 48.7%.
- Per Business Quant, the preceding three fiscal quarters came in at $7.8 million (Q2 2026), $8.21 million (Q1 2026) and $8.52 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 3.19 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 53.37 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 46.44 Bn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 114.95 Mn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Tamboran Resources | 758.67 Mn | 758.67 Mn | - | 8.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 8.37 Mn |
| Dec 31, 2025 | 7.80 Mn |
| Sep 30, 2025 | 8.21 Mn |
| Jun 30, 2025 | 8.52 Mn |
| Mar 31, 2025 | 8.80 Mn |
| Dec 31, 2024 | 15.02 Mn |
| Sep 30, 2024 | 6.98 Mn |
| Jun 30, 2024 | 5.91 Mn |
| Mar 31, 2024 | 3.56 Mn |
| Dec 31, 2023 | 6.73 Mn |
| Sep 30, 2023 | 4.32 Mn |
API Access
Tamboran Resources Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TBN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TBN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TBN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();