Karoon Energy (KRNGF) Stock Price, News & Analysis

Company Overview

Karoon Energy Ltd. is an independent oil and gas exploration, development and production company headquartered in Melbourne, Australia. The company focuses on acquiring, developing and operating upstream energy assets, with activities centered on offshore oil production.

Karoon’s principal operations have been in Brazil’s Santos Basin, where it owns and operates the Baúna field and associated Patola and Piracaba fields. These assets produce crude oil from offshore developments, with output processed and transported through regional infrastructure for sale into domestic and international markets.

The company expanded its portfolio through the acquisition of the Baúna assets from Petrobras, completed in 2022, strengthening Karoon’s position as an oil producer after years of exploration and appraisal activity in Brazil and other regions. Karoon subsequently broadened its international operations through the acquisition of interests in producing assets in the U.S. Gulf of Mexico, including the Who Dat development.

Key Stats

• Today's Range: $1.18 to $1.18
• 50-Day Range: $1.14 to $1.30
• 52-Week Range: $0.89 to $1.61
• Volume: N/A
• Average Volume: 4,840 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Karoon Energy Stock Analysis - MarketRank™

Karoon Energy scored higher than 2% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Karoon Energy.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Karoon Energy is -53.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Karoon Energy is -53.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Karoon Energy has a short interest ratio ("days to cover") of 999.99, which indicates bearish sentiment.

Change versus previous month

Short interest in Karoon Energy has recently increased by 36.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Karoon Energy does not currently pay a dividend.

Dividend Growth

Karoon Energy does not have a long track record of dividend growth.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.59

News Sentiment

Karoon Energy has a news sentiment score of 1.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Karoon Energy this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Karoon Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

16.84% of the stock of Karoon Energy is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: OTCMKTS:KRNGF
• CIK: 1494191
• Web: www.karoonenergy.com.au
• Phone: 61-3-9616-7500
• Fax: N/A
• Employees: 167
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A