Karoon Energy Ltd (ASX:KAR)
| Market Cap | 1.53B |
| Revenue (ttm) | 942.40M |
| Net Income (ttm) | 188.15M |
| Shares Out | 711.10M |
| EPS (ttm) | 0.25 |
| PE Ratio | 8.55 |
| Forward PE | 6.38 |
| Dividend | 0.06 (2.52%) |
| Ex-Dividend Date | Mar 5, 2026 |
| Volume | 7,498,371 |
| Average Volume | 9,944,143 |
| Open | 2.200 |
| Previous Close | 2.180 |
| Day's Range | 2.070 - 2.230 |
| 52-Week Range | 1.390 - 2.260 |
| Beta | 0.01 |
| RSI | 55.07 |
| Earnings Date | Apr 28, 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]
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 StatementsNews
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.
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.
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.
Karoon Energy Earnings Call Transcript: H1 2024
Production and EBITDAX rose sharply year-over-year, supported by the Who Dat acquisition, offsetting Baúna's lower output. The first-ever dividend and a $25M buyback reflect strong cash flow and a robust balance sheet, despite ongoing reliability and regulatory challenges.
Karoon Energy Transcript: AGM 2024
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.