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Karoon Energy Ltd
(Sydney:KAR)
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Rating:65Neutral
Price Target:
AU$1.50
▼(-13.29% Downside)
Action:Reiterated
Date:09/29/26
The score is driven by healthy profitability and balance-sheet positioning, plus attractive valuation (low P/E and supported shareholder returns). These positives are tempered by weak technicals (below key moving averages with bearish momentum) and a mixed cash-flow profile with volatile/negative free cash flow, though earnings-call guidance points to stronger H2 cash generation and meaningful cost savings.
Positive Factors
Strong Profitability
Healthy gross and net margins demonstrate that Karoon can generate meaningful earnings from its upstream assets despite commodity volatility. This profitability provides a stronger base for funding operations, servicing obligations and sustaining shareholder returns through the next several quarters.
Negative Factors
Production and Revenue Decline
The recent production interruptions directly reduced sales volumes and revenue, showing that earnings remain exposed to asset workovers and operating execution. Lower near-term throughput can constrain cash generation and make it harder for the company to fund investment and shareholder returns internally.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
Healthy gross and net margins demonstrate that Karoon can generate meaningful earnings from its upstream assets despite commodity volatility. This profitability provides a stronger base for funding operations, servicing obligations and sustaining shareholder returns through the next several quarters.
Read all positive factors
Karoon Energy Ltd (KAR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.10B
Dividend Yield2.78%
Average Volume (3M)6.07M
Price to Earnings (P/E)6.8
Beta (1Y)0.09
Revenue Growth-19.58%
EPS Growth-39.27%
CountryAU
Employees167
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.17
Shares Outstanding697,190,300
10 Day Avg. Volume6,887,281
30 Day Avg. Volume6,072,290
Financial Highlights & Ratios
PEG Ratio1.45
Price to Book (P/B)1.12
Price to Sales (P/S)1.83
P/FCF Ratio-31.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$2.02Price Target Upside16.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.15
Revenue Forecast (FY)AU$580.54M
Karoon Energy Ltd Business Overview & Revenue Model
Company Description
Engaged in the exploration and production of oil and natural gas, Karoon Energy Ltd maintains operations across Australia, Brazil, and Peru. Its key interests comprise a full 100% stake in five offshore blocks situated in Brazil's Santos Basin, of...
How the Company Makes Money
Karoon Energy primarily makes money by producing and selling crude oil from its operated and non-operated upstream (exploration and production) assets. Revenue is generated when produced volumes are lifted and sold to buyers (typically under spot ...
Karoon Energy Ltd Earnings Call Summary
Earnings Call Date:Aug 26, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Mar 04, 2027
Earnings Call Sentiment Positive
The call reflects an investment-heavy half focused on executing a major FPSO operatorship transition and revitalization program that temporarily reduced production and cash, but materially de-risked operations and reset the cost base. Strong realized commodity pricing, high FPSO uptime (97%), sanctioning of the high-return Who Dat East project (Karoon WI 40%), substantial liquidity (USD 363.6M) and continued shareholder returns (dividend and buybacks) support a positive outlook. Near‑term headwinds include the Who Dat E riser remediation, a temporary Brazilian export tax, residual transition costs and timing uncertainty on Neon and exploration farm‑downs; however, management expects USD 30–40M p.a. run‑rate cost savings from operatorship and stronger free cash flow in H2 2026 as benefits of the first-half investments are realized.Positive Updates
Strong Operational Recovery and FPSO Efficiency
Baúna FPSO efficiency reached 97% in H1 2026 (96% in Q1), exceeding the 90%–95% target range; restoration of production from SPS-92 and PRA-2 and resumption of water injection begun, supporting near‑term reservoir management and asset integrity.
Negative Updates
Planned Production Decline and Revenue Impact
Production on a net working interest basis was 3.17 million BOE and sales 3.08 million BOE; revenue declined by USD 63.4 million in H1 principally due to planned FPSO and well workovers which reduced Baúna production (revenue impact USD 66.5M) and lower Who Dat volumes (revenue impact USD 39.0M).
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Operational Recovery and FPSO Efficiency
Baúna FPSO efficiency reached 97% in H1 2026 (96% in Q1), exceeding the 90%–95% target range; restoration of production from SPS-92 and PRA-2 and resumption of water injection begun, supporting near‑term reservoir management and asset integrity.
Read all positive updates
Company Guidance
Management maintained its capital-allocation and operational guidance while flagging materially stronger H2 cash generation as Baúna production is restored and FPSO operatorship savings flow through: they expect direct production cost reductions of USD30–40m p.a., H2 2026 capital spend to be materially lower than H1 (when ~USD184m of investing, financing and FX outflows occurred), and higher produced volumes to reduce leverage from the reported 21% gearing and current liquidity of USD363.6m (cash USD80.3m + undrawn RBL USD283.3m). The company reaffirmed its 20–40% underlying NPAT dividend policy (interim dividend AUD0.012/share) and ongoing buybacks (2026 YTD >USD30m, ~24m shares, including a >USD15m tranche post‑30 June). Project guidance includes Who Dat East (Karoon WI 40%) share of capex USD155–165m, first oil H2 2028, initial net production ~6,000 BOE/d and a mid‑case post‑tax IRR >20%; near-term activity also includes a Who Dat G1 sidetrack planned in Q4 2026 (first oil targeted H1 2027). Operational and financial metrics underpinning the guidance: H1 production 3.17MM BOE (sold 3.08MM BOE), revenue USD244.9m, underlying NPAT USD29.2m, Baúna FPSO efficiency ~97% (Q2), realized liquids ~USD80.65/BOE (Baúna USD80.66, Who Dat USD80.60), gas USD6.35/Mcf, operating cash flow USD58.4m, and sustainability/safety metrics of 0 recordable injuries, 5 high‑potential incidents and Scope 1&2 intensity 14.6 kg CO2e/BOE.Karoon Energy Ltd Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2026 | Dec 2025 | Dec 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 633.09M | 628.65M | 776.50M | 847.00M | 842.19M | 531.00M |
| Gross Profit | 233.28M | 258.12M | 587.80M | 495.20M | 406.60M | 257.97M |
| EBITDA | 341.45M | 392.50M | 521.16M | 636.53M | 586.79M | 256.42M |
| Net Income | 126.18M | 125.51M | 127.50M | 251.29M | 242.33M | -88.87M |
Balance Sheet | ||||||
| Total Assets | 1.77B | 1.77B | 1.94B | 1.93B | 1.79B | 1.69B |
| Cash, Cash Equivalents and Short-Term Investments | 206.24M | 206.12M | 341.20M | 170.02M | 112.37M | 229.31M |
| Total Debt | 339.43M | 338.83M | 511.20M | 487.80M | 275.70M | 316.03M |
| Total Liabilities | 741.60M | 741.16M | 965.10M | 1.02B | 1.08B | 1.29B |
| Stockholders Equity | 1.03B | 1.03B | 976.40M | 911.94M | 711.49M | 401.66M |
Cash Flow | ||||||
| Free Cash Flow | -11.20M | -37.10M | 213.70M | -435.60M | -73.44M | 55.37M |
| Operating Cash Flow | 251.41M | 251.42M | 434.60M | 311.29M | 450.76M | 204.69M |
| Investing Cash Flow | -289.20M | -288.52M | -218.60M | -746.90M | -356.20M | -112.95M |
| Financing Cash Flow | -100.96M | -100.51M | -37.20M | 533.15M | -34.20M | -15.50M |
Karoon Energy Ltd Technical Analysis
Negative
1.73
Price Trends
1.71
Negative
1.67
Negative
1.75
Negative
Market Momentum
-0.05
Positive
40.62
Neutral
68.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KAR, the sentiment is Negative. The current price of 1.73 is above the 20-day moving average (MA) of 1.66, above the 50-day MA of 1.71, and below the 200-day MA of 1.75, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 40.62 is Neutral, neither overbought nor oversold. The STOCH value of 68.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:KAR.
Karoon Energy Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$383.32M | 23.11 | 17.91% | 13.95% | -23.44% | -18.10% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | AU$1.10B | 6.79 | 12.15% | 2.78% | -19.58% | -39.27% | |
57 Neutral | AU$44.59M | -1.10 | -129.02% | ― | -59.94% | -297.26% | |
50 Neutral | AU$1.73B | -23.01 | -8.80% | ― | ― | 51.03% | |
47 Neutral | AU$178.91M | -43.75 | -1.58% | ― | ― | -220.00% | |
43 Neutral | AU$369.47M | -16.21 | -9.91% | ― | ― | 28.92% |
* Energy Sector Average
AU:KAR
Karoon Energy Ltd
1.55
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<0.01
7.14%
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Empire Energy Group Limited
0.24
-0.13
-35.62%
AU:HZN
Horizon Oil Limited
0.22
0.02
11.40%
AU:TBN
Tamboran Resources Limited
0.24
0.03
14.29%
Karoon Energy Ltd Corporate Events
Karoon Energy Updates Daily On-Market Share Buy-Back Activity
Sep 28, 2026
Karoon Energy Ltd has provided an updated notification regarding its on-market share buy-back program, confirming that it is repurchasing ordinary fully paid shares traded under the ASX code KAR. The latest daily report shows that a total of 13,28...
Karoon cuts 2026 Baúna output guidance after SPS-92 electrical fault
Sep 27, 2026
Karoon Energy has identified an electrical fault in the newly installed power cable for the downhole pump at its SPS-92 well in the Baúna field, forcing a controlled shutdown and subsequent operation of the pump on two phases to maintain safe...
Karoon Energy Updates Investors on Ongoing On-Market Share Buy-Back
Sep 22, 2026
Karoon Energy Ltd has provided a daily update on its on-market share buy-back program for its ordinary fully paid shares. The company reported that it repurchased 33,000 shares on the previous day, bringing the cumulative total bought back to 13,2...
Karoon Energy Cancels Shares Following On-Market Buy-Back
Sep 22, 2026
Karoon Energy has cancelled 233,998 ordinary fully paid shares following an on-market buy-back completed on 18 September 2026. The reduction in issued capital signals ongoing capital management by the company, which can marginally enhance value fo...
Karoon Energy Updates ASX on Progress of On‑Market Share Buy‑Back
Sep 21, 2026
Karoon Energy has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back program for ordinary fully paid shares. The latest daily filing, dated 22 September 2026, reports that the company repurchased...
Karoon Energy Continues On-Market Share Buy-Back Program
Sep 17, 2026
Karoon Energy Ltd, an Australian oil and gas producer listed on the ASX as KAR, is engaged in exploration and production activities that position it within the broader energy sector. Its ordinary fully paid shares are widely traded, and the compan...
Karoon Energy Reports Daily Progress on On-Market Share Buy-Back
Sep 16, 2026
Karoon Energy has issued an update on its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest notification, dated 17 September 2026, reports that a total of 13,092,112 shares had been repurchased before the prev...
Karoon Energy CFO to Present at Pareto Annual Energy Conference
Sep 16, 2026
Karoon Energy Ltd has announced that its Chief Financial Officer will deliver a presentation at Pareto Securities’ 33rd Annual Energy Conference on 16 September 2026. The presentation, authorised by the company’s CEO and Managing Direc...
Karoon Energy Updates ASX on Progress of On-Market Share Buy-Back
Sep 15, 2026
Karoon Energy Ltd has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for ordinary fully paid shares. The latest daily report dated 16 September 2026 notes that the company repurchased 32,000 shar...
Karoon Energy Updates Market on Ongoing On-Market Share Buy-Back
Sep 14, 2026
Karoon Energy has continued its on-market share buy-back program, purchasing a cumulative 13,028,112 ordinary fully paid shares prior to the latest trading day, with an additional 32,000 shares bought back on the previous day. The latest update, d...
Karoon Energy Cancels Shares Following On-Market Buy-Back
Sep 11, 2026
Karoon Energy has cancelled 150,000 ordinary fully paid shares following an on-market buy-back completed on 9 September 2026. The reduction in issued capital through this buy-back may marginally enhance earnings per share and signals active capita...
Karoon Energy Continues On-Market Share Buy-Back Program
Sep 10, 2026
Karoon Energy Ltd has issued a daily update confirming continued execution of its on-market share buy-back program for ordinary fully paid shares. As of the latest notification on 11 September 2026, the company reports a cumulative total of 12,963...
Karoon Energy Director Joanne Palmer Increases Indirect Shareholding
Sep 8, 2026
Karoon Energy has disclosed a change in director Joanne Palmer’s indirect shareholding in the company, following an on-market trade executed on 8 September 2026. Palmer, via the KISII Super Fund account, acquired 11,725 ordinary fully paid s...
Karoon Energy Issues Daily Update on Ongoing Share Buy-Back
Sep 8, 2026
Karoon Energy Ltd has provided an update on its ongoing on-market share buy-back program, notifying the market of daily purchases of its ordinary fully paid shares. The company reported that a total of 12,890,114 shares had been bought back before...
Karoon Energy Reports Ongoing Daily On-Market Share Buy-Back Activity
Sep 7, 2026
Karoon Energy Ltd has issued an updated daily notification regarding its ongoing on-market share buy-back program for its ordinary fully paid shares on the ASX. The latest filing reports that a total of 12,845,114 shares had been repurchased prior...
Karoon Energy Continues On-Market Share Buy-Back Program
Sep 6, 2026
Karoon Energy has continued its on-market share buy-back program, repurchasing a total of 12,810,114 ordinary fully paid shares prior to the most recent trading day. The latest daily notification shows an additional 35,000 shares were bought back,...
Karoon Energy trims share count with on-market buy-back
Sep 4, 2026
Karoon Energy Ltd has reduced its issued capital through the cancellation of 159,201 ordinary fully paid shares. The move was executed via an on-market buy-back, signalling an active capital management strategy that marginally increases the owners...
Karoon Energy Updates Market on Progress of Daily Share Buy-Back
Sep 3, 2026
Karoon Energy has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that it had repurchased a cumulative total of 12,775,114 shares prior to the lat...
Commonwealth Bank of Australia Exits Substantial Holder Position in Karoon Energy
Sep 3, 2026
Commonwealth Bank of Australia and its related entities have ceased to be substantial shareholders in Karoon Energy Ltd as of 2 September 2026. The change reflects a reduction in their relevant voting interests below the substantial holding thresh...
Karoon Energy Updates Daily On-Market Share Buy-Back
Sep 2, 2026
Karoon Energy has provided an updated notification on its on-market share buy-back program for ordinary fully paid shares. The company reported that a total of 12,740,114 shares had been bought back before the previous day, with an additional 35,0...
Citi Group Entities Cease to Be Substantial Holder in Karoon Energy
Sep 2, 2026
Citigroup Global Markets Australia Pty Limited and related Citi group entities have notified Karoon Energy that they have ceased to be a substantial holder in the company as of 31 August 2026. The change reflects a series of adjustments in relevan...
Karoon Adjusts Export Strategy as Brazilian Tax Injunction Is Lifted
Sep 2, 2026
Karoon Energy has reported that a Brazilian court has lifted an injunction related to a temporary crude oil export tax, following an appeal in the Federal Appellate Court. The company will now provide for and pay any export tax liabilities while c...
Karoon Energy Reports Ongoing Daily Activity in On-Market Share Buy-Back
Sep 1, 2026
Karoon Energy has updated the market on its ongoing on-market share buy-back program, confirming that a total of 12,705,114 ordinary fully paid shares had been repurchased before the most recent trading day. The company reported buying back an add...
Karoon Energy Updates Director Carri Lockhart’s Performance Rights Holdings
Sep 1, 2026
Karoon Energy has reported a change in the relevant interests of director Carri Lockhart, reflecting an update to her indirect holdings through the Brent and Carri Lockhart Living Trust. The notice details her existing unlisted performance rights,...
Commonwealth Bank Exits Substantial Holding in Karoon Energy
Sep 1, 2026
Commonwealth Bank of Australia and its related entities have disclosed that they have ceased to be substantial shareholders in Karoon Energy Ltd as of 31 August 2026. This change in substantial holding alters the company’s share register and...
Karoon Secures Interim Relief as Brazil Extends Crude Export Tax
Sep 1, 2026
The Brazilian Government has extended its temporary 12% crude oil export tax for a further 60 days, with the levy now expected to run until 7 November 2026. Karoon Energy, which is exposed to the measure through its Brazilian operations, has secur...
Karoon Energy Continues On-Market Share Buy-Back Program
Sep 1, 2026
Karoon Energy has updated the market on its ongoing on-market share buy-back program, confirming that it repurchased 35,000 ordinary fully paid shares on the previous trading day. This brings the cumulative total bought back under the program to 1...
Karoon Energy Updates Investors on Daily Progress of Share Buy-Back
Aug 30, 2026
Karoon Energy Ltd has provided an updated daily notification on its ongoing on-market share buy-back program for its ordinary fully paid shares listed on the ASX. The latest filing, dated 31 August 2026, reports that a total of 12,580,913 shares h...
Karoon Energy Director Melissa Holzberger Boosts Indirect Shareholding
Aug 27, 2026
Karoon Energy director Ms Melissa Holzberger has increased her indirect shareholding in the company through SNJD Holdings Pty Ltd, lifting her interest from 24,492 to 39,069 ordinary fully paid shares. The shares were acquired via an on-market tra...
Karoon Energy Declares Interim Dividend for June 2026 Half-Year
Aug 27, 2026
Karoon Energy Ltd has declared a fully franked interim dividend of AUD 0.012 per ordinary share, covering the six‑month period ended 30 June 2026. The stock will trade ex‑dividend on 2 September, with a record date of 3 September and p...
Karoon Energy Details 2026 Half-Year Performance and Strategic Focus
Aug 27, 2026
Karoon Energy has released its 2026 half-year report, presenting directors’ commentary, audited financial statements and detailed cash flow, equity and profit or loss information for the period. The report underscores the company’s eff...
Karoon Energy Flags Uncertainties as It Positions for Growth After First Half 2026
Aug 27, 2026
Karoon Energy has released its first half 2026 results presentation, positioning the period as a phase of delivering its operational platform and preparing for stronger cash generation and growth. The release underscores that its reserves and reso...
Karoon’s Baúna Spend Weighs on 1H Earnings but Sets Up Stronger Second Half
Aug 27, 2026
Karoon Energy reported first-half 2026 sales revenue of US$244.9 million and underlying net profit of US$29.2 million, as a major capital program at the Baúna field in Brazil temporarily reduced production but completed key upgrades and well ...
Karoon Energy Cancels 3.4 Million Shares in On‑Market Buy‑Back
Aug 14, 2026
Karoon Energy has cancelled 3,424,143 ordinary fully paid shares following an on‑market buy‑back completed on August 11, 2026. The reduction in issued capital reflects a capital management initiative aimed at adjusting the company̵...
Karoon Energy Sanctions Who Dat East Development in Gulf of Mexico
Aug 11, 2026
Karoon Energy’s Who Dat East joint venture, operated by LLOG, has approved the final investment decision for developing the Who Dat East field in the Gulf of Mexico, marking a significant step in the company’s U.S. growth strategy. The...
Karoon Energy Updates Market on Ongoing On-Market Share Buy-Back
Aug 9, 2026
Karoon Energy has provided an updated notification on its on-market share buy-back program involving its ordinary fully paid shares listed on the ASX under the ticker KAR. The filing confirms that the company continues to actively repurchase stock...
Karoon Energy Cancels 4.8 Million Shares After On-Market Buy-Back
Aug 7, 2026
Karoon Energy Ltd has cancelled 4,759,357 ordinary fully paid shares following completion of an on-market share buy-back, effective 5 August 2026. The reduction in issued capital is expected to enhance capital management efficiency and may support...
Karoon Energy Updates ASX on Progress of On-Market Share Buy-Back
Aug 6, 2026
Karoon Energy Ltd has issued an updated notification to the ASX confirming ongoing on-market buy-backs of its ordinary fully paid shares under the code KAR, as part of a previously announced program. The latest daily report shows the company had r...
Karoon Energy Updates ASX on Progress of On-Market Share Buy-Back
Aug 4, 2026
Karoon Energy Ltd has issued an updated notification to the ASX detailing daily activity under its on-market share buy-back program for ordinary fully paid shares. The update, dated 5 August 2026, reports that a total of 802,172 shares were repurc...
Karoon Energy Updates ASX on Progress of On-Market Share Buy-Back
Aug 3, 2026
Karoon Energy Ltd has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for ordinary fully paid shares under the code KAR. The latest daily update, dated 4 August 2026, reports that a total of 8,142...
Karoon Energy seeks ASX quotation for additional ordinary shares
Aug 3, 2026
Karoon Energy has applied for quotation of an additional 49,747 ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 28 July 2026. The modest increase in quoted securities reflects routine capital management acti...
Karoon Energy trims capital base with share buy-back and lapsed performance rights
Aug 3, 2026
Karoon Energy has cancelled 4,397,413 ordinary fully paid shares following an on-market buy-back completed on July 30, 2026. The company also allowed 74,052 performance rights expiring in April 2029 to lapse after conditions attached to those righ...
Karoon Energy Updates Market on Ongoing Share Buy-Back Activity
Aug 2, 2026
Karoon Energy Ltd has issued an updated notification to the ASX confirming ongoing on-market buy-back activity in its ordinary fully paid shares, under a program initially announced on 29 June 2026. The latest daily update, dated 3 August 2026, re...
Karoon Energy Continues Daily On-Market Share Buy-Back
Jul 30, 2026
Karoon Energy Ltd has issued an updated notification to the ASX confirming continued execution of its on-market share buy-back program for ordinary fully paid shares, coded KAR. The latest daily filing, dated 31 July 2026, reports a cumulative tot...
Karoon Energy Reports Daily Progress on On-Market Share Buy-Back
Jul 29, 2026
Karoon Energy Ltd has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported a cumulative total of 4,397,413 shares repurchased prior to the latest day a...
Karoon Energy Ramps Up On-Market Share Buy-Back Activity
Jul 27, 2026
Karoon Energy has provided an updated notification of its on-market share buy-back, disclosing that a total of 378,713 ordinary fully paid shares had been repurchased before the previous day. The company reported that it bought back a further 2,55...
Karoon Energy Reports Daily Activity in On-Market Share Buy-Back
Jul 23, 2026
Karoon Energy Ltd has issued an updated notification to the ASX confirming the ongoing execution of its on-market share buy-back program. The latest daily update reports that 378,713 ordinary fully paid shares were repurchased on the previous trad...
Karoon Energy boosts Baúna output and eyes stronger cash flow amid disciplined growth
Jul 22, 2026
Karoon Energy has completed a major revitalisation of the Baúna FPSO and transitioned operatorship, lifting efficiency to 97% and restoring total Baúna output to about 22,000 barrels per day. Second-quarter production reached 1.08 millio...
Karoon Energy Responds to Extension of Brazilian Crude Export Tax
Jul 10, 2026
Karoon Energy has highlighted a regulatory shift in Brazil, where the government has extended for 60 days a temporary 12% tax on crude oil exports that had been due to expire on 9 July 2026. The extension adds cost pressure to Brazilian producers,...
Karoon Energy Seeks ASX Quotation for New Ordinary Shares
Jul 9, 2026
Karoon Energy Ltd has applied to the ASX for quotation of 135,626 new ordinary fully paid shares, to be listed under its existing KAR code. The new securities, issued on 1 July 2026 following the exercise or conversion of existing rights, represen...
Karoon Energy Launches On-Market Share Buy-Back Program
Jun 29, 2026
Karoon Energy Ltd has announced a new on-market share buy-back of its ordinary fully paid shares, indicating it will repurchase stock directly through the ASX under the code KAR. The buy-back, formally notified on June 29, 2026, suggests managemen...
Karoon Energy to Launch New Phase of On-Market Share Buyback in July 2026
Jun 29, 2026
Karoon Energy will launch a third phase of its on-market share buyback in July 2026, following the completion of the second phase of a US$75 million program. To date, the company has repurchased and cancelled 94.3 million shares at a cost of about...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.