KAROON ENERGY LIMITED (KAR)
Share Price Analysis and Chart

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KAR

KAR - KAROON ENERGY LIMITED

FNArena Sector : Crude Oil
Year End: December
GICS Industry Group : Energy
Debt/EBITDA: 0.96
Index: ASX200 | ASX300 | ALL-ORDS

Karoon Energy is an Australian oil and gas explorer with operations in Australia, Peru and Bazil. It has been listed since 2004.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.19

30 Apr
2026

0.050

OPEN

$2.21

2.34%

HIGH

$2.22

7,694,242

LOW

$2.15

TARGET
$2.066 -5.7% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEL . ALD . BHP . BPT . BRU . CRD . CVN . FAR . HE8 . HZN . MAY . VEA .
FNARENA'S MARKET CONSENSUS FORECASTS
KAR: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 25.2 xxx
DPS (cps) 5.1 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 8.6 xxx
Dividend Yield 2.4% xxx
Div Pay Ratio(%) 20.4% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 2.58%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.53

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/03 - (franking ex-div 5c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx26.3
DPS All xxxxxxxxxxxxxxx5.5
Sales/Revenue xxxxxxxxxxxxxxx974.9 M
Book Value Per Share xxxxxxxxxxxxxxx214.4
Net Operating Cash Flow xxxxxxxxxxxxxxx389.9 M
Net Profit Margin xxxxxxxxxxxxxxx19.97 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx12.46 %
Return on Invested Capital xxxxxxxxxxxxxxx8.90 %
Return on Assets xxxxxxxxxxxxxxx6.72 %
Return on Equity xxxxxxxxxxxxxxx12.46 %
Return on Total Capital xxxxxxxxxxxxxxx10.29 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-75.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx507 M
Total Debt xxxxxxxxxxxxxxx508 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx309 M
Price To Book Value xxxxxxxxxxxxxxx0.72

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx447.4 M
Capex % of Sales xxxxxxxxxxxxxxx45.90 %
Cost of Goods Sold xxxxxxxxxxxxxxx632 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx114 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.4

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

13/04/2026

3

Equal-weight

$1.88

-14.16%

Morgan Stanley's commodity price mark-to-market results in 2026 EPS upgrades of around 30%-45% ahead of the quarterly updates for the energy sector, and now sits circa 12%-14% above consensus going into the quarterly reports.

The broker prefers Karoon Energy and Santos ((STO)), with Woodside ((WDS)), Origin Energy ((ORG)) and Beach Energy ((BPT)) less preferred on valuation and execution risk.

EPS forecasts are raised by 32% for 2026 and 30% for 2027.

Karoon is due to report on April 28.

Equal-weight retained. Target is raised to $1.88 from $1.77. Industry view: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY26 EPS of 36.37 cents.
Morgan Stanley forecasts a full year FY27 EPS of 29.64 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

29/04/2026

1

Buy

$2.55

16.44%

Jarden maintains a Buy rating for Karoon Energy and keeps its target price at $2.55 following a March quarter update marked by operational disruptions.

The report notes group production missed estimates by -5% because of a riser leak at the Who Dat asset and timing delays for oil liftings in Brazil.

Management increased 2026 capital expenditure guidance to -$150-183m to fund additional sidetrack drilling intended to mitigate the Who Dat output loss.

The broker reduced FY26 earnings estimates to US35.0c from US35.4c, reflecting these production setbacks and higher costs associated with the Brazil maintenance program.

Free cash flow is expected to improve materially in the second half of 2026 as production is restored and capital spending declines, aided by a higher oil price environment.

FORECAST
Jarden forecasts a full year FY26 dividend of 19.16 cents and EPS of 52.39 cents.
Jarden forecasts a full year FY27 dividend of 19.16 cents and EPS of 52.09 cents.
Access Extra Coverage Research History >

KAR STOCK CHART

FNArena News on KAR

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