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Karoon Energy

ASX:KAR
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KAR
ASX
A$234M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Karoon Energy Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. The last earnings update was 43 days ago. More info.


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KAR Share Price and Events
7 Day Returns
0%
ASX:KAR
2.7%
AU Oil and Gas
1.8%
AU Market
1 Year Returns
-22.3%
ASX:KAR
4.3%
AU Oil and Gas
6%
AU Market
KAR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Karoon Energy (KAR) 0% -5% 12.3% -22.3% -34.2% -61%
AU Oil and Gas 2.7% 4.8% 6.7% 4.3% 34.1% -30.2%
AU Market 1.8% 3.9% 7.8% 6% 20.5% 8.4%
1 Year Return vs Industry and Market
  • KAR underperformed the Oil and Gas industry which returned 4.3% over the past year.
  • KAR underperformed the Market in Australia which returned 6% over the past year.
Price Volatility
KAR
Industry
5yr Volatility vs Market

KAR Value

 Is Karoon Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Karoon Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.96.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Karoon Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Karoon Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:KAR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.68
ASX:KAR Share Price ** ASX (2019-04-26) in AUD A$0.96
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 8.09x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Karoon Energy.

ASX:KAR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:KAR Share Price ÷ EPS (both in AUD)

= 0.96 ÷ -0.68

-1.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Karoon Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Karoon Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Karoon Energy's expected growth come at a high price?
Raw Data
ASX:KAR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
58.4%per year
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Karoon Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Karoon Energy's assets?
Raw Data
ASX:KAR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$2.24
ASX:KAR Share Price * ASX (2019-04-26) in AUD A$0.96
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.28x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:KAR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:KAR Share Price ÷ Book Value per Share (both in AUD)

= 0.96 ÷ 2.24

0.43x

* Primary Listing of Karoon Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Karoon Energy is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Karoon Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Karoon Energy has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KAR Future Performance

 How is Karoon Energy expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
58.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Karoon Energy expected to grow at an attractive rate?
  • Unable to compare Karoon Energy's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Karoon Energy's earnings growth to the Australia market average as it is expected to be loss making during the next 1-3 years.
  • Unable to compare Karoon Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:KAR Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:KAR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 58.4%
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:KAR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:KAR Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 -36
2020-06-30 -34
2019-06-30 -33
ASX:KAR Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -27 -167
2018-09-30 1 -26 -174
2018-06-30 1 -25 -182
2018-03-31 1 -33 -142
2017-12-31 1 -40 -101
2017-09-30 1 -39 -91
2017-06-30 1 -38 -82
2017-03-31 1 -36 -56
2016-12-31 1 -33 -30
2016-09-30 2 -32 -67
2016-06-30 2 -31 -105
2016-03-31 3 -22 -83

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Karoon Energy is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Unable to determine if Karoon Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:KAR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Karoon Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:KAR Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 -0.15 -0.15 -0.15 1.00
2020-06-30 -0.14 -0.14 -0.14 1.00
2019-06-30 -0.14 -0.14 -0.14 1.00
ASX:KAR Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.68
2018-09-30 -0.71
2018-06-30 -0.74
2018-03-31 -0.58
2017-12-31 -0.41
2017-09-30 -0.37
2017-06-30 -0.33
2017-03-31 -0.22
2016-12-31 -0.12
2016-09-30 -0.27
2016-06-30 -0.43
2016-03-31 -0.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Karoon Energy will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Karoon Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Karoon Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KAR Past Performance

  How has Karoon Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Karoon Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Karoon Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Karoon Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Karoon Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Karoon Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Karoon Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:KAR Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.83 -166.95 27.72
2018-09-30 0.77 -174.36 27.51
2018-06-30 0.71 -181.78 27.30
2018-03-31 0.63 -141.56 34.65
2017-12-31 0.55 -101.35 42.00
2017-09-30 0.70 -91.44 41.36
2017-06-30 0.86 -81.53 40.71
2017-03-31 1.03 -55.52 31.23
2016-12-31 1.20 -29.52 21.74
2016-09-30 1.58 -67.32 20.19
2016-06-30 1.95 -105.13 18.64
2016-03-31 2.62 -83.37 17.83
2015-12-31 3.28 -61.61 17.02
2015-09-30 3.26 84.92 16.47
2015-06-30 3.24 231.46 15.91
2015-03-31 2.95 221.57 15.51
2014-12-31 2.66 211.68 15.12
2014-09-30 4.69 103.08 17.32
2014-06-30 6.71 -5.52 19.53
2014-03-31 7.76 -7.92 19.68
2013-12-31 8.80 -10.32 19.84
2013-09-30 8.29 -10.63 18.32
2013-06-30 7.78 -10.93 16.81
2013-03-31 8.82 -12.80 17.42
2012-12-31 9.85 -14.67 18.03
2012-09-30 11.73 -8.98 17.66
2012-06-30 13.60 -3.29 17.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Karoon Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Karoon Energy has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Karoon Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Karoon Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Karoon Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KAR Health

 How is Karoon Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Karoon Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Karoon Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Karoon Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Karoon Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Karoon Energy has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Karoon Energy Company Filings, last reported 3 months ago.

ASX:KAR Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 551.64 0.00 330.03
2018-09-30 551.64 0.00 330.03
2018-06-30 555.23 0.12 333.57
2018-03-31 555.23 0.12 333.57
2017-12-31 726.67 0.00 333.89
2017-09-30 726.67 0.00 333.89
2017-06-30 758.89 0.21 375.07
2017-03-31 758.89 0.21 375.07
2016-12-31 856.85 0.00 450.33
2016-09-30 856.85 0.00 450.33
2016-06-30 857.96 0.00 479.59
2016-03-31 857.96 0.00 479.59
2015-12-31 838.09 0.00 523.47
2015-09-30 838.09 0.00 523.47
2015-06-30 958.51 0.00 553.09
2015-03-31 958.51 0.00 553.09
2014-12-31 949.14 0.00 680.09
2014-09-30 949.14 0.00 680.09
2014-06-30 766.47 0.00 39.01
2014-03-31 766.47 0.00 39.01
2013-12-31 762.08 0.00 180.53
2013-09-30 762.08 0.00 180.53
2013-06-30 599.84 15.20 204.52
2013-03-31 599.84 15.20 204.52
2012-12-31 591.36 0.00 228.25
2012-09-30 591.36 0.00 228.25
2012-06-30 600.60 0.00 227.80
  • Karoon Energy has no debt.
  • Karoon Energy had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Karoon Energy has sufficient cash runway for more than 3 years based on current free cash flow.
  • Karoon Energy has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -44.2% each year.
X
Financial health checks
We assess Karoon Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Karoon Energy has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KAR Dividends

 What is Karoon Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Karoon Energy dividends. Estimated to be 0% next year.
If you bought A$2,000 of Karoon Energy shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Karoon Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Karoon Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:KAR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:KAR Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.00 2.00
2020-06-30 0.00 2.00
2019-06-30 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Karoon Energy has not reported any payouts.
  • Unable to verify if Karoon Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Karoon Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Karoon Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Karoon Energy's dividends in 3 years as they are not expected to pay a notable one for Australia.
X
Income/ dividend checks
We assess Karoon Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Karoon Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Karoon Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KAR Management

 What is the CEO of Karoon Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Hosking
COMPENSATION A$1,277,278
AGE 71
TENURE AS CEO 4.3 years
CEO Bio

Mr. Robert Michael Hosking serves as the Chief Executive Officer and Managing Director of Karoon Gas Australia Ltd. Mr. Hosking is responsible for procuring PEP162 and EL4537 and managing all of the required work programs in relation to those permits including raising funds and overseeing the geophysical and geological contractors. He jointly owned and managed businesses involved in the trans-global sourcing, shipping and distribution of steel-related products with particular expertise gained in Europe and the Asia/Pacific Rim. He has been involved in the oil and gas industry for 9 years and has 30 years of commercial experience in the administration of several companies. Mr. Hosking serves as Executive Chairman of the Board of Karoon Petróleo & Gás Ltda. Mr. Hosking served as an Executive Chairman at Karoon Gas Australia Ltd. until December 19, 2014 and has been its Executive Director since November 11, 2003. He serves as a Founding Director of Nexus Energy (Aust.) NL, a subsidiary of Nexus Energy Limited. He served as a Non-executive Director of Nexus Energy Ltd. from July 26, 2001 to May 2005.

CEO Compensation
  • Robert's compensation has increased whilst company is loss making.
  • Robert's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Karoon Energy management team in years:

8.3
Average Tenure
  • The average tenure for the Karoon Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Robert Hosking

TITLE
MD & Executive Director
COMPENSATION
A$1M
AGE
71
TENURE
4.3 yrs

Scott Hosking

TITLE
Company Secretary & CFO
COMPENSATION
A$548K
TENURE
13.1 yrs

Edward Munks

TITLE
Chief Operating Officer
COMPENSATION
A$894K
TENURE
8.3 yrs

Tim Hosking

TITLE
GM of South American & CEO of Brazil
COMPENSATION
A$588K

Mark Smith

TITLE
Exploration Director & Executive Director
COMPENSATION
A$1M
AGE
62

Lino Barro

TITLE
Engineering Manager
COMPENSATION
A$490K
Board of Directors Tenure

Average tenure and age of the Karoon Energy board of directors in years:

8.1
Average Tenure
62.5
Average Age
  • The tenure for the Karoon Energy board of directors is about average.
Board of Directors

Bruce Phillips

TITLE
Independent Non-Executive Chairman
AGE
63
TENURE
0.3 yrs

Robert Hosking

TITLE
MD & Executive Director
COMPENSATION
A$1M
AGE
71
TENURE
15.4 yrs

Mark Smith

TITLE
Exploration Director & Executive Director
COMPENSATION
A$1M
AGE
62
TENURE
15.4 yrs

Geoff Atkins

TITLE
Independent Non Executive Director
COMPENSATION
A$155K
AGE
70
TENURE
14.2 yrs

Clark A. Davey

TITLE
Independent Non-Executive Director
COMPENSATION
A$171K
AGE
62
TENURE
8.5 yrs

Peter Turnbull

TITLE
Independent Non Executive Director
COMPENSATION
A$172K
AGE
60
TENURE
4.8 yrs

José Barbosa

TITLE
Non-Executive Director
COMPENSATION
A$100K
AGE
78
TENURE
7.7 yrs

Luciana de Freitas Rachid

TITLE
Independent Non-Executive Director
COMPENSATION
A$124K
AGE
61
TENURE
2.7 yrs

Juliano Macedo

TITLE
Executive Director of Karoon Petróleo & Gas SA
COMPENSATION
A$365K
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
14. Apr 19 Sell Wellington Management Group LLP Company 10. Jan 18 11. Apr 19 -4,462,393 A$1.12 A$-4,997,423
14. Apr 19 Buy Wellington Management Group LLP Company 19. Mar 18 01. Apr 19 2,062,165 A$1.11 A$2,282,131
23. Jan 19 Sell Janus Henderson Group plc Company 27. Jul 18 27. Jul 18 -166,318 A$1.21 A$-200,563
30. May 18 Buy Janus Henderson Group plc Company 23. May 18 29. May 18 610,362 A$1.17 A$681,702
X
Management checks
We assess Karoon Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Karoon Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KAR News

Simply Wall St News

What You Must Know About Karoon Energy Ltd's (ASX:KAR) Beta Value

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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Why Karoon Energy Ltd's (ASX:KAR) CEO Pay Matters To You

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Robert Hosking's Compensation Compare With Similar Sized Companies. … Our data indicates that Karoon Energy Ltd is worth AU$247m, and total annual CEO compensation is AU$1.3m.

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Do Insiders Own Lots Of Shares In Karoon Energy Ltd (ASX:KAR)?

Generally speaking, as a company grows, institutions will increase their ownership. … Karoon Energy is a smaller company with a market capitalization of AU$238m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company

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Is Karoon Energy Ltd (ASX:KAR) A Volatile Stock?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

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Is Karoon Gas Australia Ltd's (ASX:KAR) CEO Pay Justified?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Robert Hosking's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Karoon Gas Australia Ltd has a market cap of AU$226m, and is paying total annual CEO compensation of AU$1.2m.

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What Percentage Of Karoon Gas Australia Ltd (ASX:KAR) Shares Do Insiders Own?

The big shareholder groups in Karoon Gas Australia Ltd (ASX:KAR) have power over the company. … With a market capitalization of AU$248m, Karoon Gas Australia is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Karoon Gas Australia

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How Does Karoon Gas Australia Ltd (ASX:KAR) Affect Your Portfolio Returns?

If you're interested in Karoon Gas Australia Ltd (ASX:KAR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).

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Have Investors Priced In Karoon Gas Australia Ltd's (ASX:KAR) Growth?

Karoon Gas Australia Ltd (ASX:KAR), an energy company based in Australia, saw significant share price volatility over the past couple of months on the ASX, rising to the highs of A$1.28 and falling to the lows of A$1.09. … Let’s take a look at Karoon Gas Australia’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … I find that Karoon Gas Australia’s ratio of 0.37x is trading slightly below its industry peers’ ratio of 1.48x, which means if you buy Karoon Gas Australia today, you’d be paying a relatively reasonable price for it.

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Karoon Gas Australia Ltd (ASX:KAR): Risks You Need To Consider Before Buying

Karoon Gas Australia’s five-year beta of 1.13 means that the company’s value will swing up by more than the market during prosperous times, but also drop down by more in times of downturns. … A market capitalisation of AU$281.20M puts KAR in the category of small-cap stocks, which tends to possess higher beta than larger companies. … Thus, we can expect KAR to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books.

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At $1.13, Is Karoon Gas Australia Ltd (ASX:KAR) A Buy?

Karoon Gas Australia Ltd (ASX:KAR), an energy company based in Australia, received a lot of attention from a substantial price movement on the ASX in the over the last few months, increasing to A$1.45 at one point, and dropping to the lows of A$1.13. … Let’s take a look at Karoon Gas Australia’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … The stock’s ratio of 0.37x is currently trading slightly below its industry peers’ ratio of 1.46x, which means if you buy Karoon Gas Australia today, you’d be paying a relatively reasonable price for it.

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KAR Company Info

Description

Karoon Energy Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. The company has a working interest in two off-shore permits in the Browse and Carnavon basins located to the north Western Australian coastline covering a combined area of 15,492 square kilometers; and Ceduna basin covering an area of 17,793 square kilometers in the Great Australian Bight. It also has a working interest in 6 offshore blocks in the Santos basin situated in the State of Santa Catarina covering a combined area of approximately 720 square kilometers. In addition, the company has a working interest in an off-shore block in the Tumbes basin covering an area of 4,750 square kilometers located to the north-west coast of Peru. 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 headquartered in Melbourne, Australia.

Details
Name: Karoon Energy Ltd
KAR
Exchange: ASX
Founded: 2003
A$233,858,232
246,166,561
Website: http://www.karoongas.com.au
Address: Karoon Energy Ltd
Office 7A,
34-38 Lochiel Avenue,
Melbourne,
Victoria, 3934,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX KAR Ordinary Shares Australian Securities Exchange AU AUD 08. Jun 2004
OTCPK KRNG.F Ordinary Shares Pink Sheets LLC US USD 08. Jun 2004
DB LBL Ordinary Shares Deutsche Boerse AG DE EUR 08. Jun 2004
CHIA KAR Ordinary Shares Chi-X Australia AU AUD 08. Jun 2004
OTCPK KRNG.Y ADR Pink Sheets LLC US USD 22. Jul 2010
Number of employees
Current staff
Staff numbers
0
Karoon Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/26 10:30
End of day share price update: 2019/04/26 00:00
Last estimates confirmation: 2019/03/17
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.