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Tamboran ResourcesFRA:9HT +5.79%19 Debt-to-Equity is 0.18 as of Mar. 2026, which is 100% above its 10-year median of 0.09. GuruFocus rates FRA:9HT with a GF Score™ of 19/100. Among 798 Oil & Gas companies, Tamboran Resources ranks better than 73.56% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Tamboran Resources's Debt-to-Equity or its related term are showing as below:
FRA:9HT'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.07 Med: 0.09 Max: 0.18
Current: 0.18
During the past 6 years, the highest Debt-to-Equity Ratio of Tamboran Resources was 0.18. The lowest was -0.07. And the median was 0.09.
FRA:9HT's Debt-to-Equity is ranked better than 73.56% of 798
companies
in the Oil & Gas industry
Industry Median: 0.46
vs FRA:9HT: 0.18
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Tamboran Resources Debt-to-Equity Related Terms
Tamboran Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tamboran Resources's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:9HT vs DMLP, HPK, KRP: Debt-to-Equity Comparison
For the Oil & Gas E&P subindustry, Tamboran Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tamboran Resources Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tamboran Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tamboran Resources's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tamboran Resources (FRA:9HT) has a Debt-to-Equity of 0.18 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tamboran Resources and its competitors. This is 100% above median its historical median of 0.09. According to the industry distribution chart, Tamboran Resources ranks #211 out of 798 companies in the Oil & Gas industry, placing it in the top 26.4%.
Is Tamboran Resources' Debt-to-Equity too high?
Tamboran Resources' current Debt-to-Equity of 0.18 is 100% above median its 10-year median of 0.09. The Oil & Gas industry median Debt-to-Equity is 0.46. Tamboran Resources' value of 0.18 is 60.9% below this industry median. Based on the distribution chart, Tamboran Resources ranks #211 out of 798 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Tamboran Resources has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Tamboran Resources' Debt-to-Equity compare to DMLP and HPK?
According to the Oil & Gas industry distribution chart, Tamboran Resources ranks #211 out of 798 companies for Debt-to-Equity. This puts Tamboran Resources in the upper half of its industry. The industry median Debt-to-Equity is 0.46. Tamboran Resources' value of 0.18 is 60.9% below this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 0.46, Tamboran Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 798 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tamboran Resources's current Debt-to-Equity of 0.18 is 60.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tamboran Resources and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamboran Resources's current Debt-to-Equity is 0.18, which is 100% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamboran Resources stock overvalued right now?
Tamboran Resources (FRA:9HT) has a current Debt-to-Equity of 0.18. The current Debt-to-Equity is 0.18, which is 100% above median its 10-year median of 0.09 and 60.9% below the Oil & Gas industry median of 0.46. Tamboran Resources' overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Tamboran Resources (FRA:9HT), the current Debt-to-Equity is 0.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory. The group is in the exploration and appraisal stage, focusing on its primary assets consisting of rights to working interests in exploration acreage in the Beetaloo sub-basin, Northern Territory, Australia.
19GF Score
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