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
- $1.26
- Day Range
- $1.25–1.25
- 52-Week Range
- $1.14–1.64
- Bid/Ask
- $1.24 / $1.34
- Market Cap
- $1.00 Bil
- Volume/Avg
- 1,500 / 1,915
Key Statistics
- Price/Earnings (Normalized)
- 4.38
- Price/Sales
- 1.28
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil’s offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon’s permits which could potentially add further reserves in the medium term.
- 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) | 4.38 | 8.88 | 9.84 |
Price/Book Value | 1.11 | 1.04 | 1.08 |
Price/Sales | 1.28 | 2.09 | 2.59 |
Price/Cash Flow | 2.38 | 4.16 | 5.14 |
Price/Earnings
KRNGF
BPT
WDS
Financial Strength
|
Metric
|
KRNGF
|
BPT
|
WDS
|
|---|---|---|---|
Quick Ratio | 1.03 | 0.86 | 0.72 |
Current Ratio | 1.15 | 1.16 | 1.03 |
Interest Coverage | 9.35 | −6.33 | 12.63 |
Quick Ratio
KRNGF
BPT
WDS
Profitability
|
Metric
|
KRNGF
|
BPT
|
WDS
|
|---|---|---|---|
Return on Assets (Normalized) | 13.74% | 6.27% | 5.81% |
Return on Equity (Normalized) | 43.96% | 9.66% | 9.38% |
Return on Invested Capital (Normalized) | 23.42% | 8.48% | 7.73% |
Return on Assets
KRNGF
BPT
WDS
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