3 Australian Energy Stocks With Revenue Growth Up To 46%

Oil tankers passing through the Strait of Hormuz have thinned out after recent attacks, and crude prices are holding above US$100. That kind of supply stress keeps global energy security front and center, which puts Australian oil and gas producers firmly on investor radar. This article explores why this theme matters now and highlights 3 stocks from our Oil and Gas screener to watch closely.

The three oil and gas stocks below are just a starting sample, and the wider screen surfaced 22 more producers and infrastructure players with equally compelling narratives that are not covered here. If you want to move beyond the shortlist and really pressure test your ideas, head straight into the Oil and Gas screener to identify opportunities, analyze trade offs, and focus on your highest conviction calls.

Tamboran Resources (ASX:TBN)

Tamboran Resources is an early stage natural gas developer in Australia’s Beetaloo Basin, giving you exposure to unconventional gas projects that directly align with the Oil and Gas screener’s focus on upstream production potential.

Tamboran Resources Corporation focuses on unconventional natural gas in the Beetaloo Basin, with working interests across several exploration permits in the Northern Territory. The business is still at a pre revenue stage. Its current market value is about A$2 billion.

"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."

The real swing factor is how one key cost and funding pressure ultimately feeds through into future cash generation and capital returns.

That tipping point is exactly what the full narrative for Tamboran Resources unpacks, showing how funding risk, development timing, and contract quality could either accelerate or stall Tamboran Resources’ Beetaloo ambitions.

Woodside Energy Group (ASX:WDS)

Woodside Energy Group is one of the bigger anchors in this Oil and Gas screen, with large-scale LNG output backed by oil and condensate fields that give the theme real volume, and a track record that makes investor expectations worth paying close attention to.

Woodside Energy Group develops and produces hydrocarbons across LNG, pipeline gas, oil and condensate, and natural gas liquids, with key LNG projects like Pluto, North West Shelf and Wheatstone central to its Oil and Gas exposure. Revenue is led by Australia at about US$7.3b, followed by International at roughly US$4.6b and Marketing on about US$1.9b. The group carries a market value of roughly A$61.4b.

"Investor 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, which could affect future revenue and volume growth if LNG demand softens in key markets."

What happens to Woodside Energy Group’s earnings profile if one quiet shift in industry costs squeezes the cash available for future LNG expansion?

If that cost squeeze plays out, read the full narrative for Woodside Energy Group to see whether Woodside Energy Group’s LNG ambitions are quietly stalling or setting up for an earnings reset.

Beach Energy (ASX:BPT)

Beach Energy is a pure play on upstream oil and gas in Australia and New Zealand, with virtually all of its A$1.9b revenue tied to hydrocarbon exploration, development and production, and an equity value of roughly A$2.0b anchoring its role in this Oil and Gas screen.

For investors hunting for pure exposure to oil and gas production, Beach Energy puts almost all of its effort into finding and producing hydrocarbons, then selling them into domestic and LNG markets across Australia and New Zealand.

"Beach's early-mover status and proven execution in carbon capture and storage, including Moomba CCS, position the company to benefit from regulatory developments and evolving customer demand for low-emission gas, potentially influencing profitability and future contract terms as natural gas's role as a transition fuel develops."

The real test now is how pressure on future production and reserves interacts with those cleaner energy projects to shape long run cash generation.

If that balance between reserves and lower emission projects matters to your thesis, read the full narrative for Beach Energy to see whether Beach Energy’s transition story is quietly accelerating.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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