Karoon Energy (KRNGF) Stock Price, News & Analysis

Company Overview

Karoon Energy Ltd is an Australian-based oil and gas exploration and production company with primary trading listings on the Australian Securities Exchange and over-the-counter in the United States under the symbol KRNGF. The company focuses on identifying, acquiring and developing offshore hydrocarbon resources, leveraging technical expertise in deepwater and mid-water environments. Since its formation in 1995, Karoon has grown from an explorer to an operator with producing assets.

Karoon’s core operations are in the Santos Basin offshore Brazil, where it holds significant equity interests in the Baúna and Franco light oil fields. Production from these fields commenced in 2018 via tie-backs to an FPSO vessel operated by Petrobras, with Karoon serving as operator. The company continues to pursue additional exploration opportunities in the region under production-sharing contracts, and it assesses adjacent permits for gas prospects.

Headquartered in Perth, Western Australia, Karoon Energy is led by Managing Director and Chief Executive Officer Paul Blount, who brought extensive upstream experience to the company in 2015. The board and senior management team combine international petroleum engineering, project development and finance backgrounds to advance Karoon’s growth strategy. The company maintains a disciplined approach to portfolio management and seeks to expand its footprint through farm-outs, joint ventures and strategic partnerships in frontier basins.

Key Stats

• Today's Range: $1.25 to $1.25
• 50-Day Range: $0.85 to $1.51
• 52-Week Range: $0.74 to $1.55
• Volume: N/A
• Average Volume: 8,282 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 13% 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 -56.82, 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 -56.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Karoon Energy has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Karoon Energy has recently decreased by 83.85%, indicating that investor sentiment is improving 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Karoon Energy has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Karoon Energy has recently decreased by 83.85%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.23

News Sentiment

Karoon Energy has a news sentiment score of 1.23. 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: 0.0 / 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

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

KRNGF Stock Analysis - Frequently Asked Questions

How have KRNGF shares performed this year?

Karoon Energy's stock was trading at $0.7675 on January 1st, 2025. Since then, KRNGF shares have increased by 62.9% and is now trading at $1.25.

How do I buy shares of Karoon Energy?

Shares of KRNGF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Today: 8/02/2025
• Next Earnings (Estimated): 8/27/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:KRNGF
• CIK: 1494191
• Web: www.karoonenergy.com.au
• Phone: 61-3-9616-7500
• Fax: N/A
• Employees: N/A
• 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