Tamboran Resources (TBNRL) Research & Development (2023 - 2026)
Tamboran Resources' (TBNRL) quarterly Research & Development came in at $670000.0 in Q1 2026, down 66.13% on a YoY basis from $2.0 million in Q1 2025, and up 57.28% quarter-over-quarter from $426000.0 in Q4 2025.
Analysis
Tamboran Resources (TBNRL) Research & Development (2023 - 2026) Analysis & Trends
Tamboran Resources (TBNRL) has reported Research & Development for 4 consecutive years, with $670000.0 the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 66.13% year-over-year to $670000.0; the trailing twelve-month figure through Mar 2026 stood at $2.6 million (down 51.97% YoY), and the FY2025 full-year result was $6.0 million, up 179.22% from the prior year.
- Research & Development climbed to $670000.0 in Q1 2026 per TBNRL's latest filing, from $426000.0 in the prior quarter.
- Across five years, Research & Development topped out at $3.2 million in Q4 2024 and bottomed at -$802716.0 in Q2 2024.
- Historically, Research & Development has averaged $998596.8 across 4 years, with a median of $824141.0 in 2025.
- The widest YoY moves for Research & Development: up 567.77% in 2025, down 86.82% in 2025.
- Over 4 years, Research & Development stood at $2.5 million in 2023, then soared by 30.25% to $3.2 million in 2024, then plunged by 86.82% to $426000.0 in 2025, then jumped by 57.28% to $670000.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $670000.0, $426000.0, and $682000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 16.00 Mn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 16.00 Mn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 9.77 Mn |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | - |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 58.00 Mn |
| 10 | Tamboran Resources | 4.31 Mn | 4.31 Mn | - | 670,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 670,000.00 |
| Dec 31, 2025 | 426,000.00 |
| Sep 30, 2025 | 682,000.00 |
| Jun 30, 2025 | 824,141.00 |
| Mar 31, 2025 | 1.98 Mn |
| Dec 31, 2024 | 3.23 Mn |
| Sep 30, 2024 | 1.01 Mn |
| Jun 30, 2024 | -802,716.00 |
| Mar 31, 2024 | -422,861.00 |
| Dec 31, 2023 | 2.48 Mn |
| Sep 30, 2023 | 904,864.00 |