Karoon Energy Ltd (KRNGF)
Karoon Energy Ltd operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Southbank, VIC, AU. The stock last traded at $1.14, up 0.00% on the session, giving a market capitalisation of $810.2M. On trailing twelve-month figures it carries a trailing P/E of 7.19, a net margin of 20.0%. Its beta of 0.02 implies it has historically moved less than the broad market.
Karoon Energy Ltd is an enterprise focused on the exploration and production of oil and natural gas, conducting its operations in both Australia and Brazil. The company possesses full ownership (100% interest) of five offshore blocks within Brazil's Santos Basin, situated near the state of Sáo Paulo. Additionally, it holds a 50% stake in the Carnarvon Basin, located in the northwestern part of Australia. Karoon Energy also maintains a presence in northern Peru, where it is involved with the Tumbes Basin, which encompasses an area of approximately 4,875 square kilometers. Established in 2003, the firm's main office is located in Southbank, Australia. Its current designation, Karoon Energy Ltd, was adopted in December 2018, having previously been known as Karoon Gas Australia Ltd.
Karoon Energy Ltd is most often compared with the following Energy names: