Tamboran Resources And 2 Other Australian Energy Stocks To Watch

Rising global energy prices linked to geopolitical risks in the Gulf have pushed oil back into the spotlight for Australian investors. Higher input costs ripple across transport, manufacturing and households, so any shift in crude markets quickly matters to your portfolio. This article looks at three Australian oil and gas stocks from a curated screener, providing a clear starting list to research in more detail.

The stocks covered below are just a small sample, and the wider screen surfaced 20 more oil and gas companies worldwide with similarly detailed stories that are not included here. To go broader and analyze the full set of opportunities, head straight into the Oil and Gas screener.

Tamboran Resources (ASX:TBN)

Overview: Tamboran Resources is an Australian energy company focused on developing unconventional natural gas projects in the Beetaloo Basin in the Northern Territory.

Market Cap: A$1.3b

Tamboran Resources gives you direct exposure to upstream gas in the Beetaloo Basin, where the business is working to turn large permits into producing reserves.

"Progress towards first gas from the Beetaloo Basin Pilot Area in the third quarter of calendar 2026, supported by an 88% complete compression facility and an APA owned pipeline in final commissioning, is expected to move Tamboran Resources from a pre revenue phase toward contracted gas sales."

What really matters now is how one unresolved funding and execution pressure shapes the eventual economics of those future gas flows.

That pressure point is exactly why the full narrative for Tamboran Resources examines how Tamboran Resources could balance funding, execution risk and long term gas contracts in ways that may either accelerate or slow value creation.

Woodside Energy Group (ASX:WDS)

Overview: Woodside Energy Group is a Perth based hydrocarbon producer focused on LNG and associated oil and gas projects across multiple regions.

Operations: Woodside Energy Group generated about $7.3b from Australia, $4.6b from international operations and $1.9b from marketing activities.

Market Cap: A$62.5b

Woodside Energy Group matters for this Oil and Gas screener because its LNG hubs, from Pluto to Scarborough, directly connect investors to large scale export gas flows.

"Investors' optimism appears driven by robust expectations for long-term demand growth in Asian and emerging markets, with Woodside's global LNG expansion (Louisiana, Scarborough) positioned to capture this growth; however, these assumptions may underestimate the potential for rapid decarbonization policies or renewable adoption, risking future revenue and volume growth if LNG demand softens in key markets."

What happens if a single assumption about future gas demand and pricing shifts could have an outsized impact on cash generation and payouts?

If that single shift in gas demand could reshape Woodside Energy Group's cash engine, read the full narrative for Woodside Energy Group to see how those scenarios might already be forming.

Beach Energy (ASX:BPT)

Overview: Beach Energy is an Adelaide based producer that finds, develops and sells crude oil and natural gas across Australia and New Zealand.

Operations: Beach Energy generates about A$1.9b from exploration, development and production of hydrocarbons, mainly across Victoria, South Australia, Western Australia and New Zealand.

Market Cap: A$2.1b

Beach Energy matters for this Oil and Gas screener because its upstream drilling, production and LNG linked sales tie directly into real world commodity flows investors track.

"Beach Energy has cut operated field operating costs by 18% since FY24 and kept sustaining capital payments under A$450 million, which affects how any changes in production or pricing flow through to operating margins and free cash flow."

A key factor now is how the balance between reinvestment needs and shareholder payouts influences the durability of those cash flows.

That trade off is exactly why the full narrative for Beach Energy describes how Beach Energy’s cost cuts, reinvestment and payouts could be decoupling into an underappreciated cash engine.

Curious About Powerful Portfolio Alternatives

Fresh ideas move first. Breakout themes, rising momentum and quiet winners often get caught by screens before headlines. Scan these under the radar picks while it matters and get in early.

• Spot cash generative balance sheets before they start flying by running your eye over the list of solid balance sheet and fundamentals (12 results) curated for resilience and financial strength.
• Chase income while prices are still dropping off most radars with the hand picked 6 dividend fortresses built for investors who care about yield and staying power.
• Track long run infrastructure momentum that others overlook by scanning the curated 42 power grid technology and infrastructure stocks focused on grids, transmission upgrades and supporting technology.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com