Tamboran net loss narrows to USD 30.5 million in FY26; cash climbs 456% to USD 219.14 million as of June 30, 2026
Bitget2026/09/25 10:21- Tamboran posted a net loss of USD 30.5 million, narrowing from USD 39.62 million a year earlier.
- Total operating costs and expenses fell to USD 32.67 million from USD 39.32 million, while revenue remained at no revenue.
- Cash and cash equivalents climbed to USD 219.14 million at June 30, 2026 from USD 39.44 million a year earlier.
- Net cash used in operating activities rose to USD 34.6 million from USD 29.64 million, while net cash from financing activities jumped to USD 412.27 million.
- First gas sales began Sept. 5, 2026, with volumes expected to ramp to a 40 TJ/d plateau during commissioning in the fourth quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
Crypto prices
More
