Karoon Energy Ltd (ASX: KAR)

Australia flag Australia · Delayed Price · Currency is AUD
1.355
-0.010 (-0.73%)
Nov 21, 2024, 4:10 PM AEST
-36.08%
Market Cap 1.06B
Revenue (ttm) 1.21B
Net Income (ttm) 359.42M
Shares Out 778.70M
EPS (ttm) 0.59
PE Ratio 2.31
Forward PE 3.70
Dividend 0.09 (6.88%)
Ex-Dividend Date Sep 3, 2024
Volume 1,867,508
Open 1.375
Previous Close 1.365
Day's Range 1.355 - 1.385
52-Week Range 1.315 - 2.420
Beta 1.22
Analysts n/a
Price Target n/a
Earnings Date Oct 23, 2024

About Karoon Energy

Karoon Energy Ltd operates as an oil and gas exploration and production company in Brazil, the United States, and Australia. It holds 100% interest in the Santos Basin located in the Sáo Paulo, Brazil. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018. Karoon Energy Ltd was incorporated in 2003 and is based in Southbank, Australia. [Read more]

Sector Energy
Founded 2003
Employees 12
Stock Exchange Australian Securities Exchange
Ticker Symbol KAR
Full Company Profile

Financial Performance

In 2023, Karoon Energy's revenue was $825.80 million, an increase of 45.77% compared to the previous year's $566.50 million. Earnings were $245.00 million, an increase of 50.31%.

Financial numbers in USD Financial Statements

News

Karoon Energy Limited (KRNGF) Q2 2024 Earnings Call Transcript

Karoon Energy Limited (OTCPK:KRNGF) Q2 2024 Results Conference Call August 27, 2024 9:00 PM ET Company Participants Julian Fowles - CEO Ray Church - CFO Ann Diamant - Head of IR Conference Call Partic...

3 months ago - Seeking Alpha

Karoon Energy reports 1H results

3 months ago - Seeking Alpha

Proxies line up against Karoon Energy board pay at AGM

More than 26.25 per cent of proxy votes were cast against its executive pay regime ahead of the company’s annual general meeting in Sydney on Thursday.

6 months ago - The Australian Financial Review

Karoon Energy suffers ‘first strike’ as activists land a blow

More than 26.25 per cent of proxy votes were cast against its executive pay regime ahead of the company’s annual general meeting in Melbourne on Thursday.

6 months ago - The Australian Financial Review

Karoon chairman preps for showdown with angry investors

An activist consortium led by Samuel Terry Asset Management intends to vote against five of the nine resolutions up for vote at Karoon’s AGM on May 23.

6 months ago - The Australian Financial Review

Karoon Energy finds sell-side backers ahead of pivotal AGM

Barrenjoey energy and utilities analyst Dale Koenders has voiced support for continued growth via M&A in a note seen by Street Talk.

6 months ago - The Australian Financial Review

Karoon CEO schmoozes investors, but activists aren’t backing down

Activist investor Sandon Capital has accused the top executive of employing “stalling tactics” ahead of the oil and gas producer’s annual general meeting.

6 months ago - The Australian Financial Review

Karoon Energy: Oil And Gas Junior With Free Cash And Strong Exploration Upside

Invest in Karoon Energy for growth and value opportunity in the oil and gas sector. See why we recommend a buy rating for KRNGF stock.

7 months ago - Seeking Alpha

Karoon chairman in activists’ firing line over pay

Sandon wrote to chairman Peter Botten on Wednesday arguing that Karoon’s incentive structure had insufficient regard for shareholder value.

7 months ago - The Australian Financial Review

Activists Samuel Terry, Sandon lawyer up for Karoon Energy fight

The pair have named Allens and Mont Lawyers to their legal teams as they look to talk on the Karoon Energy board.

7 months ago - The Australian Financial Review

Activist funds to push Karoon Energy on dividends

Samuel Terry and Sandon Capital have teamed up to target the board of Karoon Energy ahead of May’s annual general meeting and push for more dividend payments.

7 months ago - The Australian Financial Review

Karoon plots path from oil junior to major through the Gulf of Mexico

The ASX-listed group spent $1.1 billion buying the interests last year. It plans to increase its spending in a bid to boost reserves by more than one third.

8 months ago - The Australian Financial Review

Full Year 2023 Karoon Energy Ltd Earnings Call Transcript

Full Year 2023 Karoon Energy Ltd Earnings Call Transcript

9 months ago - GuruFocus

Karoon Energy bounces on earnings, CEO discusses the outlook for 2024

Julian Fowles, CEO and managing director of Karoon Energy, discusses the company's 2024 outlook after reporting strong earnings.

9 months ago - CNBC International TV

Karoon Energy bounces on earnings, CEO discusses the company's outlook for 2024

Julian Fowles, CEO and managing director of Karoon Energy, discusses the company's 2024 outlook after reporting strong earnings.

9 months ago - CNBC

Karoon Energy to Buy Stake in 2 U.S. Oil, Gas Fields for US$720 Million

Karoon said the deal would increase its production next year by 57-63%.

1 year ago - The Wall Street Journal

Australia's Karoon Energy to buy stake in Gulf of Mexico assets for $720 mln

Australia's Karoon Energy said on Thursday it plans to buy a 46% stake in certain oilfields and related infrastructure in the Gulf of Mexico for $720 million from LLOG Exploration Co.

1 year ago - Reuters

Terms out for Karoon Energy, Steadfast Group’s equity raises

Oil and gas explorer Karoon Energy and insurance broker Steadfast Group both pressed play on their equity capital markets trips on Thursday morning, after preparations for both deals were revealed by ...

1 year ago - The Australian Financial Review

Karoon Energy in $410m equity raise

Karoon Energy is raising $US300 million via the Macquarie Capital’s equities desk.

1 year ago - The Australian Financial Review

Karoon Energy in $460m equity raise

Karoon Energy is raising $US300 million via the Macquarie Capital’s equities desk.

1 year ago - The Australian Financial Review

Karoon Energy in $460m equity raise; Macquarie on the ticket

Karoon Energy is raising $US300 million via Macquarie Capital’s equities desk.

1 year ago - The Australian Financial Review

Karoon Energy Ltd (KRNGF) Q4 2023 Earnings Call Transcript

Karoon Energy Ltd (OTCPK:KRNGF) Q4 2023 Earnings Conference Call August 22, 2023 8:01 PM ET Company Participants Ann Diamant - Senior VP of Communications and Investor Relations Julian Fowles - MD and...

1 year ago - Seeking Alpha

Karoon Energy: Invest In This Undervalued Deepwater Oil Stock For Its Impressive Production Growth Outlook

Karoon Energy pulled off a transformation from a greenfield explorer to an oil producer. It now boasts a portfolio of deepwater assets in the Santos Basin, offshore Brazil. Sanctioned development prog...

3 years ago - Seeking Alpha