Is TBN or TXO more undervalued in 2026?

CirclFi compares Tamboran Resources Corporation (TBN) and TXO Partners, L.P. (TXO) using 13 institutional-grade valuation models. TBN has a Quality of Company score of 4.4/10 while TXO scores 6.2/10.

Which is a better buy — TBN or TXO?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do TBN and TXO valuations compare?

TBN at $33.61 and TXO at $12.72 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

TBN vs TXO Valuation Comparison 2026 — Intrinsic Value Analysis

TBN

Crude Petroleum & Natural Gas

Tamboran Resources Corporation

Quality

4.4

out of 10

Value Trap

—

Price

$33.61

Last close

Models

7/13

Active

TXO

Crude Petroleum & Natural Gas

TXO Partners, L.P.

Quality

6.2

out of 10

Value Trap

LOW

Price

$12.72

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	TBN Fair Value	TBN Upside	TXO Fair Value	TXO Upside
Bayesian DCF	Intrinsic	$8.04	-76.1%	$35.71	+180.7%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	—	—	$18.28	+48.9%
ML-RIV	Intrinsic	$9.78	-70.9%	$0.49	-96.2%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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TBN vs TXO — Which Stock Is More Undervalued?

TXO scores higher with a 6.2/10 quality rating vs TBN's 4.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Tamboran Resources Corporation (TBN) and TXO Partners, L.P. (TXO) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

TBN currently trades at $33.61 with a QOC of 4.4/10, while TXO trades at $12.72 with a QOC of 6.2/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).