ASX:KAROil and Gas
Karoon Energy (ASX:KAR) Is Up 12.4% After Issuing 2026 Output Guidance And Trimming Dividend
Karoon Energy recently reported full-year 2025 results, with sales of US$628.6 million and net income of US$125.5 million, and declared a reduced A$0.031 per-share cash dividend that went ex-dividend on 5 March 2026.
Despite lower sales than the previous year, Karoon Energy slightly increased earnings per share from continuing operations and issued fresh 2026 production guidance of 8.1–9.2 MMboe, giving investors clearer visibility on expected output.
We will now examine how the updated 2026...