Tamboran Resources (TBNRL) Operating Expenses (2023 - 2026)
Tamboran Resources (TBNRL) 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 (TBNRL) 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 | - | - | - | 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 |