KKR Entities Exit Substantial Shareholding in Karoon Energy

Karoon Energy Ltd ( (AU:KAR) ) has provided an announcement.

KKR-affiliated entities Comet Asia Holdings I and II, KKR Asia III Fund Investments, and KKR Asian Fund III have formally notified that they have ceased to be substantial shareholders in Karoon Energy Ltd as of 22 January 2026. The change, detailed in a substantial holder notice filed under Australia’s Corporations Act, indicates that KKR’s funds no longer hold a reportable voting stake in the company, marking a shift in Karoon’s institutional investor base and potentially altering the profile of its major shareholders going forward.

The most recent analyst rating on (AU:KAR) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Karoon Energy Ltd stock, see the AU:KAR Stock Forecast page.

More about Karoon Energy Ltd

Karoon Energy Ltd is an Australia-based energy company focused on the exploration and production of oil and gas. The company operates in the upstream sector, pursuing hydrocarbon assets and development opportunities aimed at supplying energy markets, particularly in regions where demand for conventional energy resources remains strong.

YTD Price Performance: 5.84%

Average Trading Volume: 3,812,570

Technical Sentiment Signal: Hold

Current Market Cap: A$1.18B

For detailed information about KAR stock, go to TipRanks’ Stock Analysis page.