Tamboran Resources (TBNRL) Research & Development (2023 - 2026)
Tamboran Resources (TBNRL) reported Research & Development of $31000.0 for Q1 2026, down 98.43% on a YoY basis from $2.0 million in Q1 2025, and down 77.21% quarter-over-quarter from $136000.0 in Q4 2025.
Tamboran Resources (TBNRL) Research & Development (2023 - 2026) Analysis & Trends
Tamboran Resources has reported Research & Development for 4 years, with the latest figure at $31000.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 98.43% year-over-year to $31000.0; the trailing twelve-month figure through Mar 2026 stood at $1.2 million (down 77.31% YoY), and the FY2025 full-year result was $6.0 million, changed N/A from the prior year.
- Research & Development for Q1 2026 stood at $31000.0, down from $136000.0 in the prior quarter.
- The five-year high for Research & Development was $3.2 million in Q4 2024, with the low at $31000.0 in Q1 2026.
- Historically, Research & Development has averaged $1.0 million across 4 years, with a median of $824141.0 in 2025.
- Annual changes were most pronounced in 2025 — Research & Development plunged 95.79% — and 2026, when it sank 98.43%.
- Tamboran Resources' Research & Development stood at $904864.0 in 2023, then soared by 257.29% to $3.2 million in 2024, then sank by 95.79% to $136000.0 in 2025, then slumped by 77.21% to $31000.0 in 2026.
- The last three Research & Development figures came in at $31000.0 (Q1 2026), $136000.0 (Q4 2025), and $191000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 109.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 45.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 110.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 430,000.00 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -316,475.27 |
| 10 | Tamboran Resources | - | - | - | 31,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31,000.00 |
| Dec 31, 2025 | 136,000.00 |
| Sep 30, 2025 | 191,000.00 |
| Jun 30, 2025 | 824,141.00 |
| Mar 31, 2025 | 1.98 Mn |
| Dec 31, 2024 | 3.23 Mn |
| Sep 30, 2023 | 904,864.00 |