Karoon Energy Ltd (ASX: KAR)
Australia
· Delayed Price · Currency is AUD | Market Cap | 1.47B |
| Revenue (ttm) | 1.24B |
| Net Income (ttm) | 181.33M |
| Shares Out | 588.44M |
| EPS (ttm) | 0.29 |
| PE Ratio | 4.37 |
| Forward PE | 4.53 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,495,976 |
| Open | 1.855 |
| Previous Close | 1.860 |
| Day's Range | 1.830 - 1.865 |
| 52-Week Range | 1.710 - 2.708 |
| Beta | 1.21 |
| Analysts | n/a |
| Price Target | 2.51 (+36.78%) |
| Earnings Date | Apr 19, 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]
Financial Performance
In 2023, Karoon Energy's revenue was 1.24 billion, an increase of 47.72% compared to the previous year's 842.19 million. Earnings were 369.11 million, an increase of 52.32%.
Financial StatementsNews
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.
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.
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.
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.
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.
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.
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.
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.
Full Year 2023 Karoon Energy Ltd Earnings Call Transcript
Full Year 2023 Karoon Energy Ltd Earnings Call Transcript
Karoon Energy revenue for TY23 was $412.9 million
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.
Karoon Energy Ltd (KRNGF) Transition Year 2023 Earnings Call Transcript
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.
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%.
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.
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 ...
Karoon Energy in $410m equity raise
Karoon Energy is raising $US300 million via the Macquarie Capital’s equities desk.
Karoon Energy in $460m equity raise
Karoon Energy is raising $US300 million via the Macquarie Capital’s equities desk.
Karoon Energy in $460m equity raise; Macquarie on the ticket
Karoon Energy is raising $US300 million via Macquarie Capital’s equities desk.