ASX:KAROil and Gas
Karoon Energy (ASX:KAR) Shares Could Be 47% Undervalued After 2026 Guidance Cut
Karoon Energy (ASX:KAR) has cut its 2026 production guidance after a riser failure at the Who Dat field in the Gulf of Mexico, delaying recovery to the second half of 2027, while Brazilian output guidance remains unchanged.
See our latest analysis for Karoon Energy.
That production reset has coincided with sharp selling pressure, with Karoon Energy’s share price falling 13.37% in the last session and down 31.49% over 30 days, while the 1 year total shareholder return is down 27.24% but still...