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: 1.04
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

$1.97

21 Jul
2025

0.040

OPEN

$1.92

2.07%

HIGH

$1.97

3,744,309

LOW

$1.90

TARGET
$2.202 11.8% upside
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 FY25
Forecast
FY26
Forecast
EPS (cps) 21.1 xxx
DPS (cps) 4.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 9.3 xxx
Dividend Yield 2.5% xxx
Div Pay Ratio(%) 23.2% 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: 5.79%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

4.92

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 © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx24.4
DPS All xxxxxxxxxxxxxxx9.5
Sales/Revenue xxxxxxxxxxxxxxx1,177.2 M
Book Value Per Share xxxxxxxxxxxxxxx206.3
Net Operating Cash Flow xxxxxxxxxxxxxxx658.9 M
Net Profit Margin xxxxxxxxxxxxxxx16.42 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx13.26 %
Return on Invested Capital xxxxxxxxxxxxxxx8.98 %
Return on Assets xxxxxxxxxxxxxxx6.48 %
Return on Equity xxxxxxxxxxxxxxx13.26 %
Return on Total Capital xxxxxxxxxxxxxxx20.63 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx448.0 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx84 M
Long Term Debt xxxxxxxxxxxxxxx742 M
Total Debt xxxxxxxxxxxxxxx826 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx551 M
Price To Book Value xxxxxxxxxxxxxxx0.67

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx334.9 M
Capex % of Sales xxxxxxxxxxxxxxx28.45 %
Cost of Goods Sold xxxxxxxxxxxxxxx625 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx92 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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Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Citi

19/06/2025

1

Buy

$2.20

11.68%

Karoon Energy successfully bid for 100% interest in six blocks in Brazil's Santos Basin, with two blocks 17kms from the Neon fields and the remaining four deepwater blocks around 80kms from Bauna field.

Citi highlights this will provide an upside opportunity for future tie-backs. The company lifted the FY25 capex estimate to -US$120-140m from -US$105-125m to incorporate US$20.9m for signature bond payments and minimum work program guarantees.

The payments are likely in 4Q when the formal granting of the blocks is expected. Buy. Target unchanged at $2.20.

FORECAST
Citi forecasts a full year FY25 dividend of 6.03 cents and EPS of 30.93 cents.
Citi forecasts a full year FY26 dividend of 7.42 cents and EPS of 37.11 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Wilsons

06/03/2025

1

Overweight

$2.04

3.55%

Karoon Energy has acquired the production facility that was leased at the Bauna oilfield.

Wilsons assesses the price paid was reasonable and there is now potential to substantially improve operating performance. This is considered a pivotal transaction for the company.

The broker believes the stock is undervalued, as the FPSO acquisition is a strategic asset and secures a facility for the life of the Bauna field, pushing out decommissioning costs and giving the company control over the asset.

Overweight. Target rises to $2.04 from $1.85.

FORECAST
Wilsons forecasts a full year FY25 dividend of 8.35 cents and EPS of 26.75 cents.
Wilsons forecasts a full year FY26 dividend of 11.44 cents and EPS of 38.35 cents.

KAR STOCK CHART