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Karoon Energy Ltd Stock Price

ASX:KAR Community·AU$1.2b Market Cap
  • 5 Narratives written by author
  • 1 Comments on narratives written by author
  • 161 Fair Values set on narratives written by author

KAR Share Price Performance

AU$1.60
-0.05 (-3.04%)
68.7% undervalued intrinsic discount
AU$5.10
Fair Value
AU$1.60
-0.05 (-3.04%)
73.0% undervalued intrinsic discount
AU$5.91
Fair Value
Price AU$1.60
StockMan AU$5.91
AnalystHighTarget AU$2.70
kapirey AU$1.51

KAR Community Narratives

StockMan·Updated
Fair Value AU$5.1 68.7% undervalued intrinsic discount

Karoon Energy (ASX:KAR) - Buy Baby Buy 🚀

49users have liked this narrative
1users have commented on this narrative
78users have followed this narrative
AnalystHighTarget·Updated
Fair Value AU$2.7 40.9% undervalued intrinsic discount

Global Urbanization Will Expand Baúna Production Scale

0users have liked this narrative
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1users have followed this narrative
kapirey·Updated
Fair Value AU$1.51 5.6% overvalued intrinsic discount

Karoon Energy will target efficiency and cost reduction with Brazilian FPSO acquisition

2users have liked this narrative
0users have commented on this narrative
7users have followed this narrative

Recent KAR News & Updates

Karoon Energy will target efficiency and cost reduction with Brazilian FPSO acquisition

Karoon Energy Ltd – Fundamental Analysis Company Overview Karoon Energy Ltd is an ASX-listed international oil and gas exploration and production company with assets in: Brazil : Baúna Project (100% interest) USA : Who Dat, Dome Patrol, Abilene (various interests) Australia : Exploration assets Financial Performance 2024 Full-Year Highlights Revenue : US$776.5 million (+14% YoY) Underlying NPAT : US$214.0 million (+3% YoY) Statutory NPAT : US$127.5 million (↓39% YoY due to non-cash tax adjustments and exploration write-offs) Operating Cash Flow : US$434.6 million Free Cash Flow : US$176.6 million Net Debt : US$8.8 million (↓from US$103.7 million in 2023) Capital Returns : US$85.7 million (dividends + buybacks) Q2 2025 Performance Production (NRI) : 2.94 MMboe (↑25% QoQ) Sales Revenue : US$159.7 million (↑7% QoQ) Capex : US$102.9 million (includes Baúna FPSO acquisition) Net Debt : US$237.9 million (↑due to FPSO acquisition and buybacks) ⚙️ Operational Performance Baúna Project (Brazil) 2024 Production : 7.5 MMbbl FPSO Efficiency : 84.5% in 2024; targeted 88–92% in 2025 FPSO Acquisition : Completed April 2025; expected to reduce opex by US$4–6/bbl from 2026 SPS-92 ESP Issue : Temporary production drop; intervention planned for Q2 2026 Who Dat (USA) 2024 Production : 2.9 MMboe (NRI) 2025 Guidance : 2.3–2.8 MMboe Development : Sidetrack drilling and tieback studies underway; FID for East/South expected by early 2026 ️ Reserves & Resources 2P Reserves (2024) : 67.9 MMboe (↓from 77.5 MMboe due to production) 2C Contingent Resources : 121.4 MMboe (↑17% YoY) Includes Neon (Brazil) and Who Dat East/South (USA) Sustainability & ESG Carbon Neutral (Scope 1 & 2) : Achieved since FY21 Net Zero Target : By 2050 or sooner Social Projects : 21 planned for 2025; aligned with UN SDGs 2025 Guidance (as of August 2025) MetricGuidance Total Production9.7–10.5 MMboeUnit Production Cost (NWI)US$12.5–17.5/boeCapexUS$99–117 millionFinance CostsUS$50–60 millionPetrobras PaymentUS$88 million Investment Considerations ✅ Strengths Diversified production base (Brazil + USA) Strong cash generation and liquidity Strategic FPSO acquisition to improve efficiency Mature development pipeline (Neon, Who Dat East/South) Active capital return policy (dividends + buybacks) ⚠️ Risks Operational reliability issues (e.g., ESP failure at Baúna) High capex and net debt increase in 2025 Commodity price volatility Regulatory and environmental risks in Brazil and USA Conclusion Karoon Energy is fundamentally strong with solid financials, a diversified asset base, and a clear strategy for growth and shareholder returns. However, operational execution and commodity price stability will be key to sustaining performance.

Karoon Energy Ltd Key Details

US$675.4m

Revenue

US$391.9m

Cost of Revenue

US$283.5m

Gross Profit

US$146.8m

Other Expenses

US$136.7m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
Oct 23, 2025
Earnings per share (EPS)
0.19
Gross Margin
41.98%
Net Profit Margin
20.24%
Debt/Equity Ratio
33.7%

Karoon Energy Ltd Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

Very undervalued with adequate balance sheet.

3 Risks
3 Rewards

About KAR

Founded
2003
Employees
n/a
CEO
Julian Fowles
WebsiteView website
www.karoonenergy.com.au

Karoon Energy Ltd operates as an oil and gas exploration and production company in Brazil, the United States, and Australia. The company holds 100% interest in the Santos Basin located in the Sáo Paulo, Brazil. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018. Karoon Energy Ltd was incorporated in 2003 and is based in Southbank, Australia.

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Australian Market Performance

  • 7 Days: 2.3%
  • 3 Months: 5.3%
  • 1 Year: 10.1%
  • Year to Date: 9.7%
The market is up 2.3% over the last week, with the Financials sector leading the way, up 2.9%. The market is up 10% over the last 12 months. Looking forward, earnings are forecast to grow by 11% annually. Market details ›