Tamboran Resources (TBN) Operating Expenses (2023 - 2026)
Tamboran Resources (TBN) posted Operating Expenses of $8.4 million for Q1 2026, up 7.31% on a QoQ basis from $7.8 million in Q4 2025, and down 4.87% year-over-year from $8.8 million in Q1 2025.
Tamboran Resources (TBN) Operating Expenses (2023 - 2026) Analysis & Trends
Tamboran Resources' Operating Expenses history runs 4 years deep, the most recent figure standing at $8.4 million for Q1 2026.
- Quarterly Operating Expenses fell 4.87% year-over-year to $8.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $32.9 million (down 10.36% YoY) and the FY2025 annual result came in at $39.3 million, up 91.63% from the prior year.
- Operating Expenses was $8.4 million for Q1 2026 at Tamboran Resources, up from $7.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $15.0 million in Q4 2024 and bottomed at $3.6 million in Q1 2024.
- A 4-year average of $7.7 million and a median of $7.8 million in 2025 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 147.22% in 2025, while the deepest fall reached 48.04% in 2025.
- Tamboran Resources' Operating Expenses stood at $6.7 million in 2023, then surged by 123.04% to $15.0 million in 2024, then sank by 48.04% to $7.8 million in 2025, then increased by 7.31% to $8.4 million in 2026.
- Business Quant data shows TBN's Operating Expenses at $8.4 million in Q1 2026, $7.8 million in Q4 2025, and $8.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Tamboran Resources | 756.01 Mn | 742.25 Mn | - | 8.37 Mn |
Historic Data
Download 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 |