Karoon Energy Ltd (KRNGF) Research
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.
Market snapshot
- Symbol
- KRNGF
- Price
- $1.00
- Day change
- 0.00%
- Market cap
- $717.7M
- P/E ratio
- 5.83x
- 52-week range
- 0.85-1.61
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Next earnings
- in 2 months
Recent news
- Australia's Karoon Energy cuts 2026 output forecast on US project delay; shares slide
Australia's Karoon Energy on Tuesday lowered its production forecast for 2026 as a technical issue delayed output at its U.S.-based Who Dat project until next year, sending its shares down more than 15%.
Peer companies
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