Karoon Energy Ltd KRNGF

Morningstar Rating
$1.14 −0.04 (2.98%)
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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.

Price vs Fair Value

KRNGF is trading at a LOCK|?Ytr@ premium.
Price
$1.14
Fair Value
LOCK|MXFk^$!
Uncertainty
LOCK|^^M
1-Star Price
LOCK|VqWz@!x
5-Star Price
LOCK|$!Cv^N
Economic Moat
LOCK|B<d
Capital Allocation

Trading Information

Previous Close Price
$1.18
Day Range
$1.141.18
52-Week Range
$0.891.61
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

Competitors

Valuation

Metric
KRNGF
BPT
WDS
Price/Earnings (Normalized)
8.065.5816.26
Price/Book Value
0.800.601.16
Price/Sales
1.361.023.09
Price/Cash Flow
3.392.205.57
Price/Earnings
KRNGF
BPT
WDS

Financial Strength

Metric
KRNGF
BPT
WDS
Quick Ratio
2.320.651.44
Current Ratio
2.681.361.59
Interest Coverage
2.686.2914.81
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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