11 Best Australian Stocks to Buy According to Analysts

7. Tamboran Resources Corporation (NYSE:TBN)

Number of Hedge Fund Holders: 4

Analyst Upside Potential: 102.27%

Tamboran Resources Corporation (NYSE:TBN) is a natural gas company based in Australia. It focuses on developing low-carbon-dioxide unconventional reserves at the Beetaloo Sub-basin within the Greater McArthur Basin. The company holds approximately 1.9 million to 2 million net prospective acres in the Beetaloo Basin and operates several exploration permits.

The company reported significant strategic developments during the fiscal second quarter of 2025. It announced the successful drilling of SS-3H well, which was drilled, cased, and cemented to a total measured depth of 21,169 feet with a 5.5-inch casing. Management noted that it is the first well in the Beetaloo Basin to have a usable 10,000-foot horizontal section below 8,000 feet.

Moreover, Tamboran Resources Corporation (NYSE:TBN) entered into a binding agreement with APA Group to build and operate the 12-inch Sturt Plateau Pipeline for the proposed Shenandoah South Pilot Project. Management noted that it is also considering a Data Center opportunity as part of its expanded Phase 1 development, leveraging existing fiber optic networks adjacent to its operated assets in the Beetaloo Basin. It is one of the best Australian stocks to buy according to analysts.