Karoon Energy Ltd stock analysis
Karoon Energy Ltd (KRNGF) Stock Price & Analysis
KRNGF Stock Chart & Stats
- Day’s Range
- $1.03 - $1.14
- 52-Week Range
- $0.89 - $1.72
- Previous Close
- $1.07
- Volume
- N/A
- Average Volume (3M)
- 17
- Market Cap
- $742.55M
- Enterprise Value
- $1.45B
- Total Cash (Recent Filing)
- $206.24M
- Total Debt (Recent Filing)
- $339.43M
- Price to Earnings (P/E)
- 6.4
- Beta
- 0.44
- Next Earnings
- Mar 04, 2027 (Est.)
- EPS Estimate
- 0.13
- Last Dividend Ex-Date
- Sep 03, 2026
- Dividend Yield
- 2.79%
Bulls Say, Bears Say
Bulls Say
Liquidity And Moderate Leverage
Substantial liquidity and moderate gearing provide Karoon with financial capacity to fund sanctioned development, manage operational interruptions, and continue ordinary capital allocation. The undrawn facility also offers flexibility while management works to convert expected production recovery and cost savings into stronger cash generation.
FPSO Efficiency And Cost Savings
High FPSO uptime supports reliable production from the existing asset base, while operatorship savings could structurally lower the cost base. If execution remains consistent, these efficiencies should improve margins and cash conversion, strengthening the economics of Karoon’s producing Brazilian portfolio.
Sanctioned Production Growth
Sanctioning Who Dat East gives Karoon a defined avenue to expand production beyond its current fields, with a stated mid-case post-tax IRR above 20%. The project can extend reserve life and diversify future output, although delivery depends on development execution through first oil.
Bears Say
Lower Production And Revenue
Recent workovers have reduced production and revenue, weakening near-term earnings and limiting the cash available to fund investment or shareholder returns. Although the work is intended to support asset performance, the resulting volume gap leaves results exposed until production is restored and normal operations resume.
Investment-Driven Cash Burn
Large development, remediation, exploration and shareholder-return outflows materially exceeded operating cash generation during the period. This investment-heavy profile can pressure liquidity and balance-sheet flexibility if production recovery or expected savings are delayed, particularly while multiple projects require funding.
Who Dat East Production Disruption
The riser and flow-line remediation creates a continuing operational constraint and delays some production upside from Who Dat East. Extended disruption can reduce revenue, raise intervention spending, and increase execution risk around restoring field output, making near-term production recovery less certain.
Karoon Energy Ltd News
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Karoon Energy Ltd Stock Smart Score
Company Description
Karoon Energy Ltd
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, off the Sáo Paulo coastline. Additionally, the company holds a 50% share in the Carnarvon Basin located in North Western Australia, alongside a significant footprint in northern Peru's Tumbes Basin, covering approximately 4,875 square kilometers. The enterprise, established in 2003, was formerly known as Karoon Gas Australia Ltd before adopting its current name in December 2018. Southbank, Australia, serves as its corporate headquarters.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Carri A. Lockhart
- Employees
- 167
- Website
- www.karoonenergy.com.au
- Address
- Level 2, Suite 2A, Southbank, VIC, 3006, AU
Karoon Energy Ltd (KRNGF) Earnings & Revenues
KRNGF Company Deck
KRNGF Earnings Call
Earnings Call SentimentPositive
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.
View all KRNGF earnings summariesKRNGF Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 5 | 3 | 14 |
| Technical Analysis | 5 | 3 | 2 |
| Moving Averages | 0 | 0 | 12 |









