Karoon Energy Ltd (ASX: KAR) Share Price and News

Price

$1.56

Movement

0.01 (-0.64%)

As at 14 Mar - Closed (20 mins delayed)

52 Week Range

$1.175 - $2.42

 
1 Year Return

-17.24%

Karoon Energy Ltd Chart and Price Data

2025
2025
2025
2025
$1.00
$1.50
$2.00
$1.00
$1.50
$2.00
$1.00
$1.50
$2.00
$1.00
$1.50
$2.00

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.18 billion
P/E Ratio 6.18
Dividend Yield 6.09%
Shares Outstanding 753.92 million
Earnings per share 0.160
Dividend per share 0.10
Year To Date Return 15.83%
Earnings Yield 16.18%
Franking -
Earnings Yield

16.18%

Franking

-

Dividend per share

0.10

Year To Date Return

15.83%

Shares Outstanding

753.92 million

Earnings per share

0.160

Share Price

$1.56

Day Change

0.01 (-0.64%)

52 Week Range

$1.175 - $2.42

Yesterday's Close

$1.57

Today's Open

$1.575

Days Range

$1.545 - $1.58

Volume

4,002,098

Avg. Volume (1 month)

5,576,389

Turnover

$6,254,639

As at 14 Mar - Closed

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  • Karoon Energy Ltd (ASX: KAR)
    Latest News

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    Frequently Asked Questions

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    04 Mar 2025 $0.0500 0.00% Final 31 Mar 2025
    03 Sep 2024 $0.0450 100.00% Interim 21 Oct 2024

    KAR ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    14th Mar 2025 2025-03-14T08:20:56 Update - Notification of buy-back - KARYesNo8:20am615k
    13th Mar 2025 2025-03-13T17:09:37 Change in substantial holdingYesNo5:09pm5138k
    13th Mar 2025 2025-03-13T08:18:40 Update - Notification of buy-back - KARYesNo8:18am616k
    12th Mar 2025 2025-03-12T09:26:18 Notification of cessation of securities - KARYesNo9:26am413k
    12th Mar 2025 2025-03-12T08:18:43 Update - Notification of buy-back - KARYesNo8:18am616k
    10th Mar 2025 2025-03-10T16:01:17 Becoming a substantial holderYesNo4:01pm5175k
    10th Mar 2025 2025-03-10T08:30:09 Update - Notification of buy-back - KARYesNo8:30am616k
    7th Mar 2025 2025-03-07T14:52:03 Notification of cessation of securities - KARYesNo2:52pm413k
    7th Mar 2025 2025-03-07T08:19:21 Update - Notification of buy-back - KARYesNo8:19am616k
    6th Mar 2025 2025-03-06T16:49:22 Change in substantial holdingYesNo4:49pm8628k

    About Karoon Energy Ltd

    Karoon Energy Ltd (ASX: KAR) is an oil and gas explorer and producer with assets in Brazil. The company's key producing asset is its wholly owned Baúna oil field in the southern Santos Basin, offshore Brazil. Karoon acquired and took over operations at Baúna from the Brazilian state-owned Petrobras SA in November 2020.

    Karoon is also developing the nearby Patola oil field, adjacent to Baúna, aiming to double the company's production rate compared to its FY2022 output. The company says its operations in Brazil provide the platform for further opportunities, including the potential development of the Neon oil discovery, located around 60 kilometres northeast of Baúna.

    KAR Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    14 Mar 2025 $1.56 $-0.01 -0.64% 4,002,098 $1.58 $1.58 $1.55
    13 Mar 2025 $1.57 $0.01 0.64% 5,527,627 $1.56 $1.58 $1.54
    12 Mar 2025 $1.57 $0.02 1.30% 8,552,399 $1.53 $1.60 $1.52
    11 Mar 2025 $1.54 $0.02 1.31% 10,396,216 $1.49 $1.57 $1.47
    10 Mar 2025 $1.53 $0.00 0.00% 5,892,170 $1.54 $1.55 $1.52
    07 Mar 2025 $1.52 $-0.02 -1.30% 7,100,596 $1.54 $1.56 $1.50
    06 Mar 2025 $1.54 $0.01 0.65% 8,590,129 $1.52 $1.54 $1.49
    05 Mar 2025 $1.54 $-0.03 -1.92% 7,188,007 $1.56 $1.59 $1.50
    04 Mar 2025 $1.57 $-0.01 -0.64% 8,737,635 $1.50 $1.57 $1.47
    03 Mar 2025 $1.57 $0.04 2.61% 4,412,956 $1.55 $1.59 $1.53
    28 Feb 2025 $1.54 $0.08 5.50% 8,647,082 $1.49 $1.56 $1.49
    27 Feb 2025 $1.46 $0.07 5.04% 6,526,287 $1.46 $1.51 $1.42
    26 Feb 2025 $1.39 $-0.01 -0.71% 2,394,425 $1.39 $1.40 $1.37
    25 Feb 2025 $1.40 $0.00 0.00% 2,978,076 $1.41 $1.41 $1.37
    24 Feb 2025 $1.40 $-0.02 -1.41% 2,412,483 $1.40 $1.42 $1.39
    21 Feb 2025 $1.42 $0.01 0.71% 2,761,824 $1.43 $1.43 $1.40
    20 Feb 2025 $1.41 $0.03 2.17% 3,925,154 $1.39 $1.41 $1.37
    19 Feb 2025 $1.38 $-0.02 -1.43% 5,554,167 $1.40 $1.40 $1.36
    18 Feb 2025 $1.40 $-0.03 -2.11% 4,082,846 $1.42 $1.42 $1.37
    17 Feb 2025 $1.43 $0.00 0.00% 2,297,244 $1.43 $1.44 $1.41
    14 Feb 2025 $1.43 $-0.04 -2.73% 3,550,465 $1.47 $1.48 $1.42

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    06 Jan 2025 Julian Fowles Buy 121,594 $175,095
    Conversion of securities.
    06 Jan 2025 Julian Fowles Exercise 121,594 $175,095
    Conversion of securities. 11,50,510 - Performance Rights
    18 Dec 2024 Luciana Rachid Buy 8,000 $9,959
    On-market trade.
    26 Jul 2024 Julian Fowles Buy 461,469 $849,102
    Conversion of securities.
    26 Jul 2024 Julian Fowles Exercise 461,469 $849,102
    Conversion of securities. 1,272,104 Rights
    16 Jul 2024 Julian Fowles Exercise 85,176 $160,982
    Conversion of securities. 1,849,156 Rights, As per announcement on 19-07-2024
    16 Jul 2024 Julian Fowles Expiry 115,583 $219,607
    As advised by the company. Lapsed, 1,733,573 Rights
    16 Jul 2024 Julian Fowles Buy 85,176 $160,982
    Conversion of securities.
    26 Jun 2024 Julian Fowles Buy 150,000 $270,300
    On-market trade.
    11 Jun 2024 Melissa Holzberger Buy 11,794 $20,049
    On-market trade.
    03 Jun 2024 Peter Botten Buy 66,760 $120,168
    On-market trade. Average price
    09 May 2024 Joanne Palmer Buy 5,200 $9,958
    On-market trade.
    09 May 2024 Joanne Palmer Buy 5,200 $9,958
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Peter Robert Botten Non-Executive Director Oct 2020
    Mr Botten is a former Chief Executive and international business leader with over 41 years of experience in the international resources sector. His executive career was dominated by his 26-year tenure as CEO of Oil Search, where he was instrumental in driving its growth from a market capitalization of A$200 million to a peak of A$15 billion. Peter's executive experience spanned all aspects of the upstream petroleum sector, including in upstream oil and gas exploration, development and production operations through his involvement in projects in PNG, Australia, Africa, the Middle East and North America. Peter also has considerable experience in governing and growing ASX listed companies and other business entities. He is a Member of the Risk Committee, Member of the Sustainability and Operational Risk Committee and a Member of the People and Culture Committee.
    Mr Peter John Turnbull Non-Executive Director Jun 2014
    Mr Turnbull is an independent non-executive director and chair with exposure to the global mining, energy and technology sectors. Peter brings to the board commercial, legal and governance experience gained from working with boards and management teams to build company value for shareholders both organically and through mergers, acquisitions and other corporate routes. Peter also has expertise in the commercialization and scaling of new technologies. In addition, Peter has regulatory and public policy experience from prior executive roles including as a Director of the Securities & Futures Commission of Hong Kong and roles with ASIC in Australia. Over time, Peter has held roles as a director or senior officer of several global organizations which promote best practice governance and is a regular contributor and speaker in Australia and overseas on corporate governance issues. Peter's senior executive roles over 30 years involved experience in very large publicly listed organizations with global operations, particularly across Southeast Asia, Europe and the USA. He is a Member of the Risk and Governance and the Sustainability and Operational Risk Committees and is also the Chairman of the People and Culture Committee.
    Ms Luciana Bastos de Freitas Rachid Non-Executive Director Aug 2016
    Ms Rachid has 45 years of experience in the oil and gas industry in both technical, commercial and senior leadership roles in Brazil, including 20 years in the Exploration and Production Division of Petrobras. Luciana also has a range of Board experience in Brazil. Luciana has technical experience across project evaluation, development and management roles. Specific experience includes Marlim Leste Asset Manager, the design of the first offshore platforms in the Campos Basin, the production, handling and processing of natural gas onshore and offshore, the coordination of the Petrobras E&P Deepwater Strategic Project and a variety technical and economic feasibility studies on major projects including participation in the first Petrobras project finance deals. She is Chair of the Sustainability and Operational Risk Committee.
    Ms Melissa Kate Holzberger Non-Executive Director Apr 2024
    Ms Holzberger is an independent Non-Executive Director and Commercial, Energy and Resources Lawyer with over 25 years of experience in the international energy and resources sector. Ms Holzberger is currently a Non-executive Director of Argo Investments Ltd, Aware Super owned Intermodal Terminal Company and a member of the Federal Government's Australian Radiation Protection and Nuclear Safety Agency's Radiation, Health and Safety Advisory Council. She brings an understanding of energy operations and projects, having previously worked with BHP, Rio Tinto and as a trusted adviser to multinational and Australian companies. Her experience extends to highly regulated industries, legal, risk and compliance oversight together with a focus on sustainability, environmental, social and governance matters. She is a Member of the People and Culture Committee.
    Dr Julian David Fowles Chief Executive OfficerManaging Director Nov 2020
    Dr Fowles started his career with Shell International where he spent 17 years working across the upstream sector in Europe, West Africa, Australasia, South Asia and Latin America, including 5 years as the Exploration and New Ventures Manager in Shell Brazil. Following Shell, he held senior executive positions with Cairn India, Petra Energia, and most recently Oil Search, where he firstly led exploration and new business and then the PNG operated and non-operated oil and LNG production and development businesses. Leaving Oil Search in late 2018, Dr Fowles joined the boards of Central Petroleum and FAR Limited in 2019 as an independent non-executive director.
    Ms Joanne Claire Palmer Non-Executive Director Apr 2024
    Ms Palmer has over 28 years of professional experience providing audit and assurance services, with 19 years working at EY in various positions and ultimately holding the position of equity partner before becoming an Executive Director (Partner) at Pitcher Partners. Ms Palmer's experience spans across UK and Australian companies operating in Africa, Europe, America and Australasia. During her executive career at EY, Ms Palmer worked primarily in the assurance practice and additionally led EY's Financial Accounting Advisory Services (CFO Advisory) Team in Perth. Mainly working in the resources sector, she assisted multinational companies, mid-caps and junior explorers by providing external audit services, technical accounting, regulatory advice and finance function support services with a focus on transactions and M&A. Ms Palmer currently serves as a non-executive director of publicly unlisted NextOre. She is Chair of the Audit, Risk and Governance Committee.
    Mr Carlos Tadeu da Costa Fraga Non-Executive Director Aug 2022
    Mr Fraga has 41 years of experience in the oil and gas sector, including 23 years as an executive at Petrobras. Mr Fraga held various positions at Petrobras over his career, including as Campos Basin Production General Manager, Gulf of Mexico E&P Operations Manager, Board Member Petrobras Argentina SA, General Manager - Domestic Oil and Gas Production, Executive Manager - E&P Brazil - South and Southeast Regions, Executive Manager -Research and Development and E&P Executive Manager - Pre-Salt Developments. During his career at Petrobras, Mr Fraga led the team involved in the development of various technologies applied on pre-salt fields and played a role in the development of pre-salt discoveries, being responsible for the implementation of several projects, from conceptual design to first oil. Mr Fraga is a former CEO of Prumo Logistic and of the Porto do Acu, a former Chief Technology Officer at Gran Energia, as well as a former Board member of Gran Bio, GranIHC, Ultrapar, MRO Logistics, Ferroport, Gas Natural do Acu and Porto do Acu. Mr Fraga has also served as a board member of several technology institutions in Brazil, where he made contributions to technological development at universities and research institutes. He is a member of the Sustainability and Operational Risk Committee.
    Mr Daniel Murnane Company Secretary Dec 2022
    -
    Daniel Murnane Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 178,957,208 23.53%
    J P Morgan Nominees Australia Pty Limited 124,182,487 16.33%
    Citicorp Nominees Pty Limited 87,058,161 4.43%
    Samuel Terry Asset Management Pty Ltd <Absolute Return Fund AC> 33,700,000 4.43%
    HSBC Custody Nominees (Australia) Limited A/C 2 14,807,841 1.95%
    BNP Paribas Nominees Pty Ltd <IB AU Noms Retail client> 13,664,371 1.80%
    BNP Paribas Noms Pty Ltd 11,747,926 1.54%
    Washington H Soul Pattinson And Company Limited 8,250,000 1.08%
    National Nominees Limited 5,824,856 0.77%
    Palm Beach Nominees Pty Limited 5,505,120 0.72%
    Pickard Capital Pty Ltd 3,100,000 0.41%
    Netwealth Investments Limited <Wrap Services A/C 3,043,754 0.40%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 2,594,029 0.34%
    Greenhill Road Investments Pty Ltd 2,417,227 0.32%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 2,363,579 0.31%
    Mr Kenneth Joseph Hall <Hall Park A/C> 2,050,000 0.27%
    BNP Paribas Nominees Pty Ltd <Clearstream> 1,981,564 0.26%
    BNPP Noms Pty Ltd Hub24 Custodial Serv Ltd 1,778,845 0.23%
    Moorgate Investments Pty Ltd 1,723,380 0.23%
    Ropat Nominees Pty Ltd 1,672,465 0.22%

    Profile

    since

    Note