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Karoon Energy Ltd
(Sydney:KAR)
Karoon Energy Ltd (KAR) vs. iShares MSCI Australia ETF (EWA)
Karoon Energy Ltd Business Overview & Revenue Model
Karoon Energy Ltd Earnings Call Summary
Karoon Energy Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.06B | 776.50M | 847.00M | 842.19M | 531.00M | 228.98M |
| Gross Profit | 447.21M | 587.80M | 495.20M | 406.60M | 257.97M | 72.96M |
| EBITDA | 587.44M | 506.90M | 636.53M | 586.79M | 365.34M | 115.50M |
| Net Income | 214.03M | 127.50M | 251.29M | 242.33M | -88.87M | 5.88M |
Balance Sheet | ||||||
| Total Assets | 1.72B | 1.94B | 1.93B | 1.79B | 1.69B | 1.35B |
| Cash, Cash Equivalents and Short-Term Investments | 112.10M | 341.20M | 170.02M | 112.37M | 229.31M | 177.43M |
| Total Debt | 388.40M | 511.20M | 487.80M | 414.18M | 459.58M | 416.70M |
| Total Liabilities | 725.30M | 965.10M | 1.02B | 1.08B | 1.29B | 844.10M |
| Stockholders Equity | 996.10M | 976.40M | 911.94M | 711.49M | 401.66M | 506.49M |
Cash Flow | ||||||
| Free Cash Flow | -4.38M | 213.70M | -435.60M | -73.44M | 55.37M | -191.54M |
| Operating Cash Flow | 463.77M | 434.60M | 311.29M | 450.76M | 204.69M | 39.93M |
| Investing Cash Flow | -470.83M | -218.60M | -746.90M | -525.54M | -147.75M | -226.84M |
| Financing Cash Flow | -243.50M | -37.20M | 533.15M | -50.84M | -21.37M | -31.38M |
Karoon Energy Ltd Technical Analysis
Karoon Energy Ltd Peers Comparison
Karoon Energy Ltd Corporate Events
Karoon Energy Ltd has announced the quotation of 12,209 ordinary fully paid securities on the Australian Securities Exchange, effective from December 3, 2025. This move is part of the company’s strategic actions to enhance its financial flexibility and support its ongoing projects, potentially impacting its market positioning and offering new opportunities for stakeholders.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. As of December 5, 2025, the company has repurchased a total of 3,246,808 securities, with an additional 331,927 securities bought back on the previous day. This buy-back initiative is part of Karoon Energy’s strategy to manage its capital structure and potentially enhance shareholder value.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. The company reported the buy-back of 484,611 ordinary fully paid securities on the previous day, adding to a total of 2,129,184 securities bought back before that day. This buy-back initiative is part of Karoon Energy’s strategy to manage its capital structure and potentially enhance shareholder value.
Karoon Energy Ltd has announced an update regarding its ongoing buy-back program, detailing the acquisition of 342,309 ordinary fully paid securities on the previous day, adding to a total of 1,786,875 securities bought back prior. This buy-back initiative is part of the company’s strategy to manage its capital structure efficiently, potentially enhancing shareholder value and reflecting confidence in its financial health.
Karoon Energy Ltd has announced that Comet Asia Holdings II Pte. Ltd., Comet Asia Holdings I Pte. Ltd., KKR Asia III Fund Investments Pte. Ltd., and KKR Asian Fund III L.P., collectively known as the KKR Entities, have ceased to be substantial holders in the company as of November 24, 2025. This change in substantial holding indicates a shift in the company’s shareholder composition, which could impact its market positioning and influence the strategic decisions of Karoon Energy Ltd moving forward.
Karoon Energy Ltd has announced an update regarding its ongoing on-market buy-back program. The company reported that it repurchased 514,913 ordinary fully paid securities on the previous day, adding to a total of 365,405 securities bought back before that day. This buy-back initiative is part of Karoon Energy’s strategy to optimize its capital structure and potentially enhance shareholder value.
Karoon Energy Ltd announced that Superannuation and Investments HoldCo Pty Ltd and its related bodies corporate have ceased to be substantial holders in the company as of November 24, 2025. This change in substantial holding may impact the company’s shareholder structure and could influence its market dynamics and stakeholder relations.
Karoon Energy Ltd has announced that the Commonwealth Bank of Australia (CBA) and its related bodies corporate have ceased to be substantial holders in the company as of November 24, 2025. This change in holding could impact Karoon Energy’s shareholder composition and potentially influence its market dynamics, although specific implications for stakeholders were not detailed in the release.
Karoon Energy Ltd has announced an update regarding its on-market buy-back program, revealing that 365,405 ordinary fully paid securities were bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial resources and potentially impacting its market positioning positively.
Karoon Energy Ltd has announced the quotation of 6,310 ordinary fully paid securities on the Australian Securities Exchange, effective November 5, 2025. This move is part of the company’s ongoing efforts to manage its capital structure and enhance liquidity, potentially impacting its market positioning and providing opportunities for stakeholders to engage with the company’s growth trajectory.
Karoon Energy Ltd has announced that Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in the company as of November 17, 2025. This change in substantial holding is due to a decrease in relevant interest in shares by Citibank, N.A. Sydney Branch, Citigroup Global Markets Australia Pty Limited, and Citigroup Global Markets Limited, primarily through securities lending agreements. The impact of this announcement may influence the company’s shareholder structure and market perception as Citigroup’s reduced stake could affect investor confidence and market dynamics.
Karoon Energy Ltd has announced the appointment of Carri Lockhart as a new director, effective from November 3, 2025. This announcement is significant as it reflects the company’s ongoing efforts to strengthen its leadership team, which could have implications for its strategic direction and stakeholder interests.
Karoon Energy Ltd has announced the quotation of 32,280 fully paid ordinary securities on the Australian Securities Exchange, effective from October 22, 2025. This move is part of the company’s strategic efforts to enhance its market presence and operational capacity, potentially impacting its industry positioning by increasing its capital base and providing more opportunities for stakeholder engagement.
Karoon Energy Ltd has appointed Ms. Carri Lockhart as its new Managing Director and Chief Executive Officer, effective from November 3, 2025. Ms. Lockhart, who has over 30 years of experience in the energy sector, will lead the company as it prepares to take over operatorship of the Baúna FPSO in Brazil and pursue growth opportunities in Brazil and the US. Her extensive experience in managing large-scale operations and strategic growth is expected to drive Karoon’s next phase of development, enhancing shareholder value and strengthening the company’s market position.
Karoon Energy Ltd has announced the issuance of 76,322 performance rights under an employee incentive scheme, which are set to expire on December 31, 2028. These securities are unquoted and subject to transfer restrictions until the restrictions are lifted, reflecting the company’s commitment to incentivizing its workforce and aligning employee interests with long-term company performance.
Karoon Energy Ltd has announced the application for the quotation of 50,959 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s efforts to enhance its financial flexibility and potentially expand its operations, which could have significant implications for its market positioning and stakeholder interests.
Karoon Energy Ltd announced an operational update regarding its Baúna Project in Brazil and the Who Dat project in the US. The PRA-2 well at Baúna has been shut down due to a subsea control umbilical issue, but the company’s full-year production guidance remains unchanged. In the US, sidetrack operations at the E6 well in the Who Dat field are set to begin, targeting an oil reservoir with expected production rates of 3,000 to 5,000 bopd. The company anticipates that these operations will not affect its production targets for 2025, maintaining its guidance for the year.
Karoon Energy Ltd has announced an on-market buy-back of its ordinary fully paid shares, as per the recent notification. This strategic move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting a positive outlook on its financial health and market positioning.
Karoon Energy Ltd is set to begin the second phase of its US$75 million on-market share buyback program in October, following the completion of the first phase where 20.8 million shares were bought back and canceled. This initiative, which received overwhelming shareholder approval, is part of Karoon’s capital allocation strategy aimed at enhancing shareholder value by repurchasing undervalued shares, while maintaining compliance with credit agreements and market conditions.
Karoon Energy Ltd has announced a presentation to be made by its CEO and Managing Director, as authorized by the company’s Board. This announcement indicates an effort by Karoon Energy to engage with stakeholders and provide insights into its operations, potentially impacting its market positioning and investor relations.
Karoon Energy Ltd announced a change in the director’s interest, with Ms. Melissa Holzberger acquiring an additional 12,698 ordinary shares through an on-market trade. This change reflects a significant increase in her indirect interest, now totaling 24,492 shares, potentially indicating confidence in the company’s future performance.
Karoon Energy Ltd announced its participation in the 2025 Bank of America Asia Pacific Conference, where it will use reference materials for investor briefings. This engagement reflects the company’s ongoing efforts to engage with investors and stakeholders, potentially impacting its market positioning and investor relations.
Karoon Energy Ltd has announced the issuance of performance rights under an employee incentive scheme, with a total of 290,416 unquoted securities set to expire in 2027 and 2028. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational efficiency and aligning staff interests with long-term company goals.