KAROON ENERGY LIMITED (KAR)
Share Price Analysis and Chart

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KAR - KAROON ENERGY LIMITED

FNArena Sector : Crude Oil
Year End: December
GICS Industry Group : Energy
Debt/EBITDA: 0.77
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

$1.675

14 Jun
2024

0.005

OPEN

$1.69

0.30%

HIGH

$1.71

4,756,826

LOW

$1.67

TARGET
$2.62 56.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ALD . BHP . BPT . BRU . BYE . COE . CVN . FAR . HE8 . HZN . MAY . VEA .
FNARENA'S MARKET CONSENSUS FORECASTS
KAR: 1
Title FY24
Forecast
FY25
Forecast
EPS (cps) 50.6 xxx
DPS (cps) 8.8 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 3.2 xxx
Dividend Yield 5.4% xxx
Div Pay Ratio(%) 17.4% 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: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx60.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1,244.1 M
Book Value Per Share xxxxxxxxxxxxxxx167.2
Net Operating Cash Flow xxxxxxxxxxxxxxx457.2 M
Net Profit Margin xxxxxxxxxxxxxxx29.67 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx42.40 %
Return on Invested Capital xxxxxxxxxxxxxxx26.53 %
Return on Assets xxxxxxxxxxxxxxx16.31 %
Return on Equity xxxxxxxxxxxxxxx42.40 %
Return on Total Capital xxxxxxxxxxxxxxx43.88 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-634.9 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx72 M
Long Term Debt xxxxxxxxxxxxxxx645 M
Total Debt xxxxxxxxxxxxxxx716 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx250 M
Price To Book Value xxxxxxxxxxxxxxx1.21

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1,097.1 M
Capex % of Sales xxxxxxxxxxxxxxx88.18 %
Cost of Goods Sold xxxxxxxxxxxxxxx517 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx87 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

0.8

No. Of Recommendations

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

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

03/05/2024

1

Outperform

$2.50

49.25%

Karoon Energy is set to harvest its market cap in free cash flow over about four years on Macquarie's below-curve oil price forecasts (excluding potential Neon project capex).

The broker expects Karoon to initiate a dividend, and for now incorporates a 30% payout ratio to forecasts.

A 24% free cash flow yield on Macquarie's forecasts, and 34% at spot oil in FY25, remains the core attraction. A dividend can support a re-rating, the broker suggests.

Outperform and $2.50 target retained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 10.67 cents and EPS of 47.87 cents.
Macquarie forecasts a full year FY25 dividend of 12.20 cents and EPS of 42.84 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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KAR STOCK CHART