KAROON ENERGY LIMITED (KAR)
Share Price Analysis and Chart

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KAR

KAR - KAROON ENERGY LIMITED

FNArena Sector : Crude Oil
Year End: December
GICS Industry Group : Energy
Debt/EBITDA: 0.96
Index: ASX200 | ASX300 | ALL-ORDS

Karoon Energy is an Australian oil and gas explorer with operations in Australia, Peru and Bazil. It has been listed since 2004.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.815

06 Mar
2026

0.005

OPEN

$1.86

0.28%

HIGH

$1.91

11,397,158

LOW

$1.81

TARGET
$1.914

+0.01 change from previous day

 5.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEL . ALD . BHP . BPT . BRU . CRD . CVN . FAR . HE8 . HZN . MAY . VEA .
FNARENA'S MARKET CONSENSUS FORECASTS
KAR: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 18.8 xxx
DPS (cps) 3.7 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 10.6 xxx
Dividend Yield 1.9% xxx
Div Pay Ratio(%) 19.7% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 2.64%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.75

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/03 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx26.3
DPS All xxxxxxxxxxxxxxx5.5
Sales/Revenue xxxxxxxxxxxxxxx974.9 M
Book Value Per Share xxxxxxxxxxxxxxx214.4
Net Operating Cash Flow xxxxxxxxxxxxxxx389.9 M
Net Profit Margin xxxxxxxxxxxxxxx19.97 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx12.46 %
Return on Invested Capital xxxxxxxxxxxxxxx8.90 %
Return on Assets xxxxxxxxxxxxxxx6.72 %
Return on Equity xxxxxxxxxxxxxxx12.46 %
Return on Total Capital xxxxxxxxxxxxxxx10.29 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-75.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx507 M
Total Debt xxxxxxxxxxxxxxx508 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx309 M
Price To Book Value xxxxxxxxxxxxxxx0.72

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx447.4 M
Capex % of Sales xxxxxxxxxxxxxxx45.90 %
Cost of Goods Sold xxxxxxxxxxxxxxx632 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx114 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.2

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Citi

03/03/2026

1

Buy

$2.00

10.19%

Following a briefing with management, Citi is now more confident in management's execution at Karoon Energy.

The first half of 2026 is considered a critical period spanning the Bauna flotel campaign, planned turnaround and Floating Production, Storage and Offloading vessel (FPSO) operatorship transfer.

Management flagged flexibility around the circa 4-week FPSO turnaround, with stronger oil prices potentially shifting work to April/May.

Neon is being re-optimised towards a Bauna FPSO tieback, prioritising value over diversification, highlights the analyst, while Who Dat East remains on track for a final investment decision (FID).

Buy. Target $2.00.

FORECAST
Citi forecasts a full year FY26 dividend of 4.41 cents and EPS of 19.03 cents.
Citi forecasts a full year FY27 dividend of 3.81 cents and EPS of 25.42 cents.

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

09/03/2026

3

Downgrade to Neutral from Overweight

$1.57

-13.50%

While Karoon Energy's result beat consensus earnings and dividend estimates, most of the incremental asset updates were neutral to negative, Jarden notes. While 2026 production guidance was left unchanged, production issues at Who Dat will impact forecast output in 2026.

As Karoon enters into a critical six-month period in Brazil, the company has announced it will moderate its buyback. Jarden turns similarly cautious and downgrades to Neutral from Overweight with a revised $1.57 target, down from $1.75, on lower Brazil and risked Neon values.

FORECAST
Jarden forecasts a full year FY26 dividend of 4.87 cents and EPS of 18.72 cents.
Jarden forecasts a full year FY27 dividend of 4.87 cents and EPS of 18.57 cents.
Access Extra Coverage Research History >

KAR STOCK CHART

FNArena News on KAR

1
Australian Broker Call *Extra* Edition – Mar 09, 2026

Mar 09 2026 - Daily Market Reports
2
FNArena Corporate Results Monitor – 02-03-2026

Mar 02 2026 - Australia
3
Australian Broker Call *Extra* Edition – Feb 11, 2026

Feb 11 2026 - Daily Market Reports
4
Weekly Ratings, Targets, Forecast Changes – 30-01-26

Feb 02 2026 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Jan 29, 2026

Jan 29 2026 - Daily Market Reports

Latest Crude Oil News

1
Challenging Year Ahead For Karoon Energy

Jan 29 2026 - Commodities
2
Oil Markets: Bracing For A Surplus

Sep 11 2025 - Commodities
3
Crude Oil: Nothing Good Happens Below US$65

Jun 05 2025 - International
4
Upping the East Coast Amplitude

Mar 28 2025 - Commodities
5
Break-Out For Beach Energy

Dec 17 2024 - Technicals
6
Beach Energy Looks Ready

May 14 2024 - Technicals
7
Oil Price Surge Not Expected

Apr 15 2024 - Commodities
8
A Multi-Month Up-Trend For Beach Energy

Apr 02 2024 - Technicals
9
Crude Oil: On Watch

Mar 27 2024 - Technicals
10
Oil Market Not Concerned, And Not Concerning

Oct 25 2023 - Commodities