Tamboran Resources Corporation (TBN) Fair Value 2026

TBN · Oil & Gas E&P ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

5.2 /10

32 fundamental signals · 2 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-08-28, Tamboran Resources Corporation (TBN) trades at $37.15, versus a $2.97 median fair value across its 2 active models — 92.0% below the current price. QOC: 5.2/10. Value Trap Risk: 0/100 (SAFE). 2/13 models active.

Key Facts

Ticker
TBN
Price
$37.15
Quality Score
5.2/10
Value Trap Risk
0/100
Models Active
2/13
Last Updated
Strength: 2 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Tamboran Resources Corporation (TBN) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, Tamboran Resources Corporation (TBN) appears overvalued as of : the median of 2 independent fair value estimates is $2.97, 92.0% below the current price of $37.15. Estimates range from $1.78 to $4.17. TBN scores 5.2/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. TBN’s -92.0% gap is wider than that market norm, and the Oil & Gas E&P sector median is -0.6%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Tamboran Resources Corporation Stock in 2026? →

What Fair Value Does Each Model Give TBN?

2 Intrinsic Value Models vs. Current Price ($37.15)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Medium Conviction
 $1.78 -95.2%
Asset-Based · Medium Conviction
 $4.17 -88.8%

All Models Active

All 2 models are displayed above.

What Is Tamboran Resources Corporation (TBN) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Tamboran Resources Corporation's intrinsic value is estimated at $2.97. Trading at its current price of $37.15, the valuation engine raises significant caution: 2 of 2 models flag downside risk, projecting a median implied return of -92.0%.

What Do the Models Say About TBN?

2 of 13 models are currently active for TBN. All 2 active models suggest the stock trades above fair value. Taken together, their median fair value for TBN is $2.97 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does TBN Rank in Oil & Gas E&P?

Among 90 Oil & Gas E&P stocks, TBN ranks #74 by Quality of Company score. CirclFi's QOC score of 5.2/10 evaluates 32 fundamental signals. A score of 5.2 reflects mixed fundamentals.

See all Most Undervalued Oil & Gas E&P Stocks →

The Oil & Gas E&P sector introduces analytical considerations specific to energy businesses. For Tamboran Resources Corporation, metrics like reserve replacement ratio provide important context that general-purpose valuation models may underweight.

Is TBN a Value Trap?

CirclFi's Value Trap algorithm assigns TBN a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for Tamboran Resources Corporation. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Tamboran Resources Corporation earns a quality score of 5.2/10. This mixed rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

Models cluster within a tight range (+6.4% spread), increasing conviction. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every TBN valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across TBN's 2 active models, average confidence is 48%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Tamboran Resources Corporation Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Oil & Gas E&P Stocks Should You Also Analyze?

11 related Oil & Gas E&P stocks with 13-model coverage

CHKRChesapeake Granite Wash TrustQOC 5.3ROYLRoyale Energy, Inc.QOC 5.1LEENLeopard Energy, Inc.QOC 5.3CRCECircle Energy, Inc.QOC 5.1VETVermilion Energy Inc.QOC 5.3PVLPermianville Royalty TrustQOC 5.0PRPermian Resources CorporationQOC 8.9KRPKimbell Royalty Partners, LPQOC 8.1GTEGran Tierra Energy Inc.QOC 6.7TPLTexas Pacific Land CorporationQOC 9.1BSMBlack Stone Minerals, L.P.QOC 9.1

Read investment analysis: CHKR · ROYL · LEEN · CRCE · VET · PVL · PR · KRP · GTE · TPL · BSM

Which Other Stocks Have a Similar Quality Score to TBN?

7 companies across all industries closest to TBN’s Quality of Company score of 5.2/10.

KIDZKIDZ AI Inc.QOC 5.2ICMBInvestcorp Credit Management BDC, Inc.QOC 5.2KCRDKindcard, Inc.QOC 5.2PRPLPurple Innovation, Inc.QOC 5.2FTFTFuture FinTech Group Inc.QOC 5.2XPONExpion360 Inc.QOC 5.2NVDANVIDIA CorporationQOC 10.0

Read investment analysis: KIDZ · ICMB · KCRD · PRPL · FTFT · XPON · NVDA

Where Does TBN Sit in CirclFi's Oil & Gas E&P Rankings?

TBN is ranked against every other Oil & Gas E&P stock CirclFi covers in each of these screens.

See all Oil & Gas E&P stocks ranked →

What Else Do Investors Ask About Tamboran Resources Corporation’s Valuation?

What is Tamboran Resources Corporation's intrinsic value in 2026?

CirclFi puts Tamboran Resources Corporation (TBN)'s intrinsic value at $2.97 — the median of 2 independent model estimates as of 2026-08-28, ranging from $1.78 to $4.17. The Quality of Company score is 5.2/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is TBN overvalued or undervalued right now?

At $37.15, 0 of 2 active models suggest TBN may be undervalued, while 2 indicate potential overvaluation. The median of all 2 fair value estimates is $2.97, 92.0% below the current price of $37.15 — a consensus view that TBN is overvalued. The assessment depends on which methodology best fits Tamboran Resources Corporation's business model in Oil & Gas E&P.

What does a Quality of Company score of 5.2 mean for TBN?

Tamboran Resources Corporation's QOC of 5.2/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on TBN?

CirclFi analyzes TBN with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is TBN a value trap in 2026?

Tamboran Resources Corporation's Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, Tamboran Resources Corporation (TBN) has a median fair value of $2.97 — 92.0% below the current price of $37.15 — as of 2026-08-28.” Source: circlfi.com/stock/TBN/ · Methodology
Primary sources for this TBN valuation
  • Financial statements: Tamboran Resources Corporation 10-K and 10-Q filings on SEC EDGAR (CIK 0001997652) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for TBN as of ; valuations recomputed .