Tamboran Resources (TBN) Operating Expenses (2023 - 2026)

Tamboran Resources (TBN) reported Operating Expenses of $8.4 million for Q1 2026, down 4.87% on a YoY basis from $8.8 million in Q1 2025, and up 7.31% quarter-over-quarter from $7.8 million in Q4 2025.

Tamboran Resources (TBN) Operating Expenses (2023 - 2026) Analysis & Trends

Tamboran Resources has reported Operating Expenses for 4 years, with the latest figure at $8.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 4.87% year-over-year to $8.4 million; the trailing twelve-month figure through Mar 2026 stood at $32.9 million (down 10.36% YoY), and the FY2025 full-year result was $39.3 million, up 91.63% from the prior year.
  • Operating Expenses for Q1 2026 stood at $8.4 million, up from $7.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $15.0 million in Q4 2024, with the low at $3.6 million in Q1 2024.
  • Historically, Operating Expenses has averaged $7.7 million across 4 years, with a median of $7.8 million in 2025.
  • The largest YoY upside for Operating Expenses was 147.22% in 2025 against a maximum downside of 48.04% in 2025.
  • Tamboran Resources' Operating Expenses stood at $6.7 million in 2023, then soared by 123.04% to $15.0 million in 2024, then tumbled by 48.04% to $7.8 million in 2025, then climbed by 7.31% to $8.4 million in 2026.
  • The last three Operating Expenses figures came in at $8.4 million (Q1 2026), $7.8 million (Q4 2025), and $8.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 Tamboran Resources 751.87 Mn 751.87 Mn - 8.37 Mn

Historic Data

Download Data
DateValue
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