PINX: KRNGF
Morningstar‘s Stock Analysis KRNGF
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.
Company Profile KRNGF
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.
Melbourne, VIC, 3006, AUS
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of KRNGF’s competitive advantage.
Karoon Energy Ltd
PINX: KRNGF
| Beach Energy Ltd
XASX: BPT
| Woodside Energy Group Ltd
XASX: WDS
| |
Price
| 1.63 | 1.64 | 36.49 |
Currency
| USD | AUD | AUD |
Change
| +$0.06 (3.82%) | −$0.01 (0.61%) | −$0.20 (0.55%) |
Market Cap
| 923.29 Mil | 3.74 Bil | 69.29 Bil |
Industry
| Oil & Gas E&P | Oil & Gas E&P | Oil & Gas E&P |
Sector
|
Energy
|
Energy
|
Energy
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Karoon Energy Ltd Stock
No. KRNGF does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
KRNGF’s market cap is 923.29 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
KRNGF’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
KRNGF’s price/sales is 1.64.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
KRNGF’s price/forward earnings is 5.70.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
KRNGF’s price/book is 1.94.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See KRNGF’s valuation ratios compared to the Market Index.
KRNGF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare KRNGF’s historical performance against its industry peers and the overall market.