Karoon Energy Ltd KRNGF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $1.18
- Day Range
- $1.14–1.18
- 52-Week Range
- $0.89–1.61
- Bid/Ask
- $1.13 / $1.34
- Shares Outstanding
- 701.60M
- Market Cap
- $810.59M
- Volume/Avg
- 2,150 / 2,808
Key Statistics
- Price/Earnings (Normalized)
- 8.06
- Price/Sales
- 1.36
- Dividend Yield (Trailing)
- 3.24%
- Dividend Yield (Forward)
- 3.24%
- Total Yield
- 8.50%
Company Profile
Karoon produces around 8 million barrels of oil equivalent annually from its wholly owned Baúna field in Brazil’s offshore Santos Basin and around 3.5 mmboe from 30% owned Who Dat in the US Gulf. The company acquired Baúna from Petrobras in 2020 and steadily increased production via well interventions and new developments. Field life is approaching six years based on proven and probable reserves of 46 million barrels at the end of December 2025, though this excludes a further 140 million barrels in 2C contingent resources that have the potential to increase life further. We credit a life of more than 10 years, assuming conversion of some 2C contingent resources into the reserve category with drilling. There are also prospective untested targets within Karoon’s permits.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Value
- Total Number of Employees
- 12
- Website
- https://www.karoonenergy.com.au
Competitors
Valuation
|
Metric
|
KRNGF
|
BPT
|
WDS
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.06 | 5.58 | 16.26 |
Price/Book Value | 0.80 | 0.60 | 1.16 |
Price/Sales | 1.36 | 1.02 | 3.09 |
Price/Cash Flow | 3.39 | 2.20 | 5.57 |
Price/Earnings
KRNGF
BPT
WDS
Financial Strength
|
Metric
|
KRNGF
|
BPT
|
WDS
|
|---|---|---|---|
Quick Ratio | 2.32 | 0.65 | 1.44 |
Current Ratio | 2.68 | 1.36 | 1.59 |
Interest Coverage | 2.68 | 6.29 | 14.81 |
Quick Ratio
KRNGF
BPT
WDS
Profitability
|
Metric
|
KRNGF
|
BPT
|
WDS
|
|---|---|---|---|
Return on Assets (Normalized) | 5.93% | 5.27% | 4.13% |
Return on Equity (Normalized) | 10.73% | 8.85% | 7.48% |
Return on Invested Capital (Normalized) | 12.30% | 7.00% | 5.18% |
Return on Assets
KRNGF
BPT
WDS
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