Karoon Energy Ltd (ASX:KAR)

Australia flag Australia · Delayed Price · Currency is AUD
1.790
+0.175 (10.84%)
Jul 24, 2026, 4:10 PM AEST
Market Cap1.27B -10.3%
Revenue (ttm)942.40M -19.0%
Net Income188.15M -1.6%
EPS0.25 +5.1%
Shares Out 710.70M
PE Ratio7.12
Forward PE7.55
Dividend0.06 (3.41%)
Ex-Dividend DateMar 5, 2026
Volume16,330,135
Open1.690
Previous Close1.615
Day's Range1.690 - 1.810
52-Week Range1.255 - 2.260
Beta0.02
AnalystsBuy
Price Target1.97 (+10.06%)
Earnings DateJul 23, 2026

About Karoon Energy

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

Sector Energy
Founded 2003
Employees 167
Stock Exchange Australian Securities Exchange
Ticker Symbol KAR
Full Company Profile

Financial Performance

In 2025, Karoon Energy's revenue was $628.60 million, a decrease of -19.05% compared to the previous year's $776.50 million. Earnings were $125.50 million, a decrease of -1.57%.

Financial numbers in USD Financial Statements

Analyst Summary

According to 9 analysts, the average rating for KAR stock is "Buy." The 12-month stock price target is $1.97, which is an increase of 10.06% from the latest price.

Price Target
$1.97
(10.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Karoon Energy upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital analyst Gordon Ramsay upgraded Karoon Energy (KRNGF) to Outperform from Sector Perform with an unchanged price target of A$2.The firm expects a production uplift in the second half…

19 hours ago - TheFly

Karoon Energy Earnings release: Q2 2026

Karoon Energy released its Q2 2026 earnings on July 22, 2026, summarizing the period's financial results.

1 day ago - Filings

Australia's Karoon Energy cuts 2026 output forecast on US project delay; shares slide

Australia's Karoon Energy on Tuesday ​lowered its production forecast for 2026 ‌as a technical issue delayed output at its U.S.-based Who Dat project until next year, sending its shares down more than...

5 weeks ago - Reuters

Karoon Energy Slides: Investor presentation

Karoon Energy has posted slides in relation to its latest quarterly earnings report, which was published on May 24, 2026.

2 months ago - Filings

Karoon Energy Transcript: AGM 2026

The meeting highlighted strong shareholder returns, operational improvements, and a disciplined approach to capital allocation. Key strategic moves included the Baúna FPSO acquisition, headquarters relocation, and board renewal. All resolutions passed, with robust support for director elections and governance changes.

2 months ago - Transcripts

Karoon Energy Slides: FY 2026

Karoon Energy has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 20, 2026.

2 months ago - Filings

Karoon Energy Slides: Investor presentation

Karoon Energy has posted slides in relation to its latest quarterly earnings report, which was published on May 5, 2026.

2 months ago - Filings

Karoon Energy Earnings release: Q1 2026

Karoon Energy released its Q1 2026 earnings on April 27, 2026, summarizing the period's financial results.

3 months ago - Filings

Karoon Energy Earnings Call Transcript: H2 2025

Production and reserves remained robust despite lower oil prices, with strong cash flow supporting $80 million in shareholder returns. FPSO acquisition improved efficiency and extended field life, while 2026 will see heavy investment in maintenance and growth projects.

5 months ago - Transcripts

Karoon Energy Annual report: H2 2025

Karoon Energy has published its H2 2025 annual report on February 25, 2026.

5 months ago - Filings

Karoon Energy Slides: H2 2025

Karoon Energy has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 25, 2026.

5 months ago - Filings

Karoon Energy Earnings release: H2 2025

Karoon Energy released its H2 2025 earnings on February 25, 2026, summarizing the period's financial results.

5 months ago - Filings

Karoon Energy Earnings release: Q4 2025

Karoon Energy released its Q4 2025 earnings on January 26, 2026, summarizing the period's financial results.

6 months ago - Filings

Karoon Energy Earnings release: Q3 2025

Karoon Energy released its Q3 2025 earnings on October 22, 2025, summarizing the period's financial results.

9 months ago - Filings

Karoon Energy Slides: Investor Presentation

Karoon Energy has posted slides in relation to its latest quarterly earnings report, which was published on September 8, 2025.

11 months ago - Filings

Karoon Energy Earnings Call Transcript: H1 2025

Revenue and earnings declined year-over-year due to lower oil prices and deferred sales, but production and reserves at Baúna increased following the FPSO acquisition. Capital returns continued, leverage remains low, and growth projects at Neon and Who Dat advanced despite operational challenges.

11 months ago - Transcripts

Karoon Energy Quarterly report: H1 2025

Karoon Energy has published its H1 2025 quarterly earnings report on August 26, 2025.

11 months ago - Filings

Karoon Energy Slides: H1 2025

Karoon Energy has posted slides in relation to its H1 2025 quarterly earnings report, which was published on August 26, 2025.

11 months ago - Filings

Karoon Energy Earnings release: H1 2025

Karoon Energy released its H1 2025 earnings on August 26, 2025, summarizing the period's financial results.

11 months ago - Filings

Karoon Energy Earnings release: Q2 2025

Karoon Energy released its Q2 2025 earnings on July 23, 2025, summarizing the period's financial results.

1 year ago - Filings

Karoon Energy Earnings release: Q1 2025

Karoon Energy released its Q1 2025 earnings on April 15, 2025, summarizing the period's financial results.

1 year ago - Filings

Karoon Energy Earnings Call Transcript: H2 2024

Production and revenue grew 13%-14% year-over-year, with underlying NPAT up 3% to $214 million. The Baúna FPSO acquisition aims to improve reliability and reduce costs, while capital returns are sustained through dividends and buybacks. Organic growth at Neon and Who Dat remains a strategic focus.

1 year ago - Transcripts

Karoon Energy Annual report: H2 2024

Karoon Energy has published its H2 2024 annual report on February 26, 2025.

1 year ago - Filings

Karoon Energy Slides: H2 2024

Karoon Energy has posted slides in relation to its H2 2024 quarterly earnings report, which was published on February 26, 2025.

1 year ago - Filings

Karoon Energy Earnings release: H2 2024

Karoon Energy released its H2 2024 earnings on February 26, 2025, summarizing the period's financial results.

1 year ago - Filings