Karoon Energy Ltd (AU:KAR)
ASX:KAR
Earnings Data
Report Date
Sep 02, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.16Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveys a balanced picture: operational resilience and strategic progress (FPSO acquisition, reserves/resource growth, improved unit costs, strong per‑BOE margins and positive operating cash flow) are clear positives. However, material headwinds from lower oil prices reduced sales and NPAT, near‑term cash drawdown to fund the FPSO and returns, the Who Dat riser leak and a concentrated, capital‑intensive first half 2026 introduce execution and timing risk. Development projects (Neon, South Santos acreage) show promising resource upside but face timing, cost and farm‑down uncertainty. Overall, the company appears financially and operationally resilient but faces notable near‑term risks.Company Guidance
Stable Production Despite Challenges
Produced 10.3 million BOE in FY2025, nearly on par with FY2024 despite well issues and natural decline.
Strong Operating Cash Generation
Generated $231.3 million of operating cash flow (EBITDAX converted after taxes and net finance), providing funding for capex, contingent payments and capital returns.
Underlying Profitability
Underlying NPAT of $107.5 million and pretax cash margin above 65% per BOE, demonstrating high-margin, low-cost asset performance.
Cost and Margin Improvements
Unit production costs reduced to $13.20 per BOE and breakeven realized price improved from $33 to $31 per BOE, reflecting improved topside efficiency and FPSO impacts.
Reserves and Resource Growth
Reserves increased 7% year‑on‑year and reserves life extended to 7.1 years after conversion of Bauna 2C to 2P; Neon 2C Contingent Resource increased materially (Neon 2C reported up 50% to 90.3 million barrels) and Neon West 2U Prospective Resource rose 69% to 25 million barrels (unrisked).
Strategic FPSO Acquisition and Operational Benefits
Acquisition of the Bauna FPSO provided strategic control, improved safety/reliability and cost efficiencies; Bauna FPSO efficiency improved to 95% (from 84.5% in 2024) and field life extended by seven years to 2039.
Capital Returns to Shareholders
Paid $80 million to shareholders (comprising $35 million dividends and $45 million buybacks) and bought/cancelled ~11% of shares on issue since H2 2024; total shareholder return of 16% with share price up 11% (closed AUD 1.54).
Environmental and Safety Progress
Year‑on‑year improvement in personnel and process safety and a 41% reduction in flaring versus 2024; maintained carbon neutrality for Scope 1 and 2 emissions (via offsets).
Healthy Liquidity Position
Closed the year with $206.1 million cash, $143.9 million net debt and $546.1 million total liquidity (RBL facility plus cash), supporting near-term campaigns and 2026 planned capex.
Non‑operated Who Dat Execution Wins
Who Dat NRI production of 2.6 million BOE in 2025; liquids contribution increased to 74% of production; E6 sidetrack drilled and completed under budget, flowing ~1,050 BOE/day (NRI).
AU:KAR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:KAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | AU$1.61 | AU$1.56 | -3.05% |
Aug 26, 2025 | AU$1.80 | AU$1.84 | +2.45% |
Feb 26, 2025 | AU$1.30 | AU$1.36 | +4.68% |
Aug 27, 2024 | AU$1.61 | AU$1.55 | -3.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Karoon Energy Ltd (AU:KAR) report earnings?
Karoon Energy Ltd (AU:KAR) is schdueled to report earning on Sep 02, 2026, TBA (Confirmed).
What is Karoon Energy Ltd (AU:KAR) earnings time?
Karoon Energy Ltd (AU:KAR) earnings time is at Sep 02, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Karoon Energy Ltd stock?
The P/E ratio of Karoon Energy Ltd is N/A.
What is AU:KAR EPS forecast?
AU:KAR EPS forecast for the fiscal quarter 2026 (Q2) is 0.16.