Carbon Energy (OTCMKTS:CRBOD) vs. Tamboran Resources (NYSE:TBN) Financial Review

Carbon Energy (OTCMKTS:CRBOD) and Tamboran Resources (NYSE:TBN) are both small-cap energy companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, risk, profitability, dividends and earnings.

Valuation and Earnings

This table compares Carbon Energy and Tamboran Resources”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Carbon Energy	$116.63 million	0.00	$1.10 million	N/A	N/A
Tamboran Resources	N/A	N/A	-$21.92 million	N/A	N/A

Carbon Energy has higher revenue and earnings than Tamboran Resources.

Insider & Institutional Ownership

10.5% of Carbon Energy shares are owned by institutional investors. 7.1% of Carbon Energy shares are owned by insiders. Comparatively, 5.1% of Tamboran Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Carbon Energy and Tamboran Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Carbon Energy	-38.38%	-8.44%	-2.43%
Tamboran Resources	N/A	N/A	N/A

Analyst Recommendations

This is a summary of current ratings and recommmendations for Carbon Energy and Tamboran Resources, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Carbon Energy	0	0	0	0	0.00
Tamboran Resources	0	1	4	0	2.80

Tamboran Resources has a consensus price target of $36.60, indicating a potential upside of 64.51%. Given Tamboran Resources’ stronger consensus rating and higher probable upside, analysts plainly believe Tamboran Resources is more favorable than Carbon Energy.

Summary

Tamboran Resources beats Carbon Energy on 6 of the 10 factors compared between the two stocks.

About Carbon Energy

Carbon Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids properties in the United States. It focuses on conventional and unconventional reservoirs, including shale, tight sand, and coalbed methane located in the Appalachian, Illinois, and Ventura Basins. As of December 31, 2018, it owned working interests in 7,100 net wells and royalty interests in approximately 900 wells located in California, Illinois, Indiana, Kentucky, Ohio, Tennessee, Virginia, and West Virginia, as well as had leasehold positions in approximately 340,700 net developed acres and approximately 1,319,200 net undeveloped acres. The company was formerly known as Carbon Natural Gas Company and changed its name to Carbon Energy Corporation in June 2018. Carbon Energy Corporation was founded in 2007 and is based in Denver, Colorado.

About Tamboran Resources

Tamboran Resources Corporation, a natural gas company, focuses on developing unconventional gas resources in the northern territory of Australia. Its assets include a 25% non-operated working interest in EP 161; a 38.75% working interest in EPs 76, 98, and 117; and a 100% working interest in EPs 136 and 143, as well as EP (A) 197, located in the Betaloo Basin. Tamboran Resources Corporation was founded in 2009 and is headquartered in Sydney, Australia.