Karoon Energy Ltd (ASX: KAR) Share Price and News

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Karoon Energy Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.48 billion
P/E Ratio 8.25
Dividend Yield 2.79%
Shares Outstanding 718.39 million
Earnings per share 0.168
Dividend per share 0.06
Year To Date Return 40.97%
Earnings Yield 12.12%
Franking 100%
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as at 24 Feb 3:44pm

  • Karoon Energy Ltd (ASX: KAR)
    Latest News

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    Here are the top 10 ASX 200 shares today

    It was a rough start to the trading week this Monday.

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    5 things to watch on the ASX 200 on Tuesday

    It looks set to be a good day for Aussie investors today.

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    Investors had a rough start to the week.

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    It was a horrid day on the markets.

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    Frequently Asked Questions

    Karoon Energy announced its inaugural fully franked dividend in its 2024 half-year report. The interim dividend of AUD 4.496 cents per share will be payable on 21 October 2024.

    Karoon Energy Ltd listed on the ASX on 8 June 2004.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    05 Mar 2026 $0.0310 100.00% Final 31 Mar 2026
    01 Sep 2025 $0.0240 0.00% Interim 29 Sep 2025
    04 Mar 2025 $0.0500 0.00% Final 31 Mar 2025
    03 Sep 2024 $0.0450 100.00% Interim 21 Oct 2024

    KAR ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Karoon Energy Ltd

    Karoon Energy Ltd (ASX: KAR) is an oil and gas explorer and producer with assets in Brazil. The company's key producing asset is its wholly owned Baúna oil field in the southern Santos Basin, offshore Brazil. Karoon acquired and took over operations at Baúna from the Brazilian state-owned Petrobras SA in November 2020.

    Karoon is also developing the nearby Patola oil field, adjacent to Baúna, aiming to double the company's production rate compared to its FY2022 output. The company says its operations in Brazil provide the platform for further opportunities, including the potential development of the Neon oil discovery, located around 60 kilometres northeast of Baúna.

    KAR Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    31 Mar 2026 $2.06 $-0.08 -3.74% 12,977,072 $2.16 $2.19 $2.04
    30 Mar 2026 $2.14 $0.12 5.94% 17,171,350 $2.10 $2.19 $2.09
    27 Mar 2026 $2.02 $0.04 2.02% 6,097,868 $2.00 $2.04 $1.99
    26 Mar 2026 $1.98 $0.07 3.66% 9,670,608 $1.95 $1.99 $1.93
    25 Mar 2026 $1.91 $-0.15 -7.28% 14,509,995 $2.06 $2.07 $1.88
    24 Mar 2026 $2.06 $0.00 0.00% 9,614,072 $1.95 $2.07 $1.93
    23 Mar 2026 $2.06 $0.09 4.57% 9,106,576 $1.99 $2.07 $1.97
    20 Mar 2026 $1.97 $-0.04 -1.99% 15,228,490 $2.00 $2.03 $1.91
    19 Mar 2026 $2.01 $0.10 5.25% 22,386,251 $1.95 $2.02 $1.93
    18 Mar 2026 $1.91 $-0.01 -0.52% 6,579,157 $1.92 $1.94 $1.88
    17 Mar 2026 $1.92 $-0.01 -0.52% 9,454,567 $1.87 $1.96 $1.85
    16 Mar 2026 $1.93 $0.08 4.35% 12,073,458 $1.90 $1.96 $1.90
    13 Mar 2026 $1.84 $-0.14 -7.07% 12,917,934 $1.90 $1.96 $1.84
    12 Mar 2026 $1.98 $0.09 4.76% 14,521,081 $2.00 $2.00 $1.94
    11 Mar 2026 $1.89 $0.02 1.07% 13,669,794 $1.85 $1.92 $1.85
    10 Mar 2026 $1.87 $-0.14 -7.00% 10,531,070 $1.85 $1.88 $1.79
    09 Mar 2026 $2.00 $0.19 10.47% 25,732,388 $1.98 $2.06 $1.88
    06 Mar 2026 $1.82 $0.00 0.00% 11,397,158 $1.86 $1.91 $1.81
    05 Mar 2026 $1.81 $-0.01 -0.55% 6,060,447 $1.78 $1.82 $1.73
    04 Mar 2026 $1.82 $0.01 0.55% 8,722,120 $1.86 $1.89 $1.79
    03 Mar 2026 $1.81 $0.03 1.69% 9,498,614 $1.80 $1.83 $1.72

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    22 Sep 2025 Melissa Holzberger Buy 12,698 $19,999
    On-market trade.
    24 Jul 2025 Julian Fowles Cancelled 222,613 $425,190
    Cancellation of securities. 15,84,480 Rights
    24 Jul 2025 Julian Fowles Buy 222,613 $425,190
    Conversion of securities.
    24 Jul 2025 Julian Fowles Exercise 222,613 $425,190
    Conversion of securities. 13,61,867 Rights
    07 Jul 2025 Joanne Palmer Buy 8,000 $15,120
    On-market trade.
    29 May 2025 Luciana Rachid Buy 2,900 $4,814
    On-market trade.
    22 May 2025 Julian Fowles Issued 656,583 $1,030,835
    Issue of securities. 1,807,093 performance rights

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Peter Robert Botten Non-Executive ChairmanNon-Executive Director Oct 2020
    Mr Botten is an experienced and former Chief Executive with over 45 years of experience in the international resources sector. Peter's executive experience spanned all aspects of the upstream petroleum sector, including in upstream oil and gas exploration, development and production operations through his involvement in development projects in PNG, Australia, Africa, the Middle East and North America. He is a Member of the Risk Committee, Member of the Sustainability and Operational Risk Committee and a Member of the People and Culture Committee.
    Mr Peter John Turnbull Non-Executive Director Jun 2014
    Mr Turnbull is an independent non-executive director and chair with exposure to the global mining, energy and technology sectors. Peter brings commercial, legal and governance experience from working with boards and management to build company value for shareholders both organically and through mergers, acquisitions and other corporate routes. Peter also has expertise in the commercialization and scaling of new technologies. Over time, he has also held roles as a director or senior officer of several global organizations which promote governance and is a regular contributor and speaker in Australia and overseas on corporate governance issues. He is the Chairman of the People and Culture Committee, Member of Risk and Governance Committee and a Member of the Sustainability and Operational Risk Committee.
    Ms Luciana Bastos de Freitas Rachid Non-Executive Director Aug 2016
    Ms Rachid has over 45 years of experience in the oil and gas industry in both technical, commercial and senior leadership roles in Brazil, including 20 years in the Exploration and Production Division of Petrobras. Luciana also has a range of Board experience in Brazil. She has technical experience across project evaluation, development and management roles. Specific experience includes Marlim Leste Asset Manager, the design of the first offshore platforms in the Campos Basin, the production, handling and processing of natural gas onshore and offshore, the coordination of the Petrobras E&P Deepwater Strategic Project and a variety technical and economic feasibility studies on projects including participation in the first Petrobras project finance deals. She is the Chair of the Sustainability and Operational Risk Committee
    Ms Melissa Kate Holzberger Non-Executive Director Apr 2024
    Ms Holzberger is an experienced independent Non-Executive Director and Commercial, Energy and Resources Lawyer with over 25 years of experience in the international energy and resources sector. Melissa has served on private, government and not-for-profit boards spanning a range of sectors including international energy & resources, international trade, logistics, infrastructure, technology and agribusiness. She brings an understanding of international energy operations and projects, having previously worked with BHP (including with BHP Petroleum assets), and as a trusted adviser to multinational and Australian companies. Her experience extends to highly regulated industries, legal, risk and compliance oversight together with a focus on sustainability, environmental, social and governance matters. She is a Member of the People and Culture Committee.
    Ms Joanne Claire Palmer Non-Executive Director Apr 2024
    Ms Palmer has over 29 years of professional experience providing audit and assurance services, with 19 years of working at EY in various positions and ultimately holding the position of Equity Partner before becoming an Executive Director (Partner) at Pitcher Partners. Ms Palmer's experience spans across UK and Australian companies operating in Africa, Europe, America and Australasia. During her executive career at EY, Ms Palmer worked primarily in the assurance practice and additionally led EY's Financial Accounting Advisory Services (CFO Advisory) team in Perth. Mainly working in the resources sector, she assisted multinational companies, mid-caps and junior explorers by providing external audit services, technical accounting, regulatory advice and finance function support services with a focus on transactions and M&A. She is the Chair of the Risk and Governance Committee.
    Ms Carri Lockhart Chief Executive OfficerManaging Director Nov 2025
    Ms Lockhart has more than 30 years of global experience in the energy industry and has a record in driving corporate strategic growth, leading operations, and managing complex projects. Ms Lockhart's most recent executive role was as Chief Technology Officer and Executive Vice President - Technology, Digital and Innovation for Equinor ASA, based in Oslo. Prior to this, Ms Lockhart held several VP roles at Equinor ASA in development and production, with geographical responsibilities spanning the Americas, Africa, the Middle East, Asia, India and Australia. Before Equinor, Ms Lockhart worked for Marathon Oil Company in a range of technical and management roles. She is currently a member of the board of directors of Williams Companies Inc (NYSE: WMB) and Innovex International Inc (NYSE: INVX) and the management committee of Ascent Resources LLC.
    Mr Fernando Borges Non-Executive Director Mar 2026
    Mr Borges is an oil and gas executive with more 40 years experience at Petrobras, including 35 years in senior management across exploration, production, and institutional relations. He most recently served as Chief Exploration and Production Officer at Petrobras. Fernando also led the LIBRA Consortium - Brazils first production sharing contract - and has held board roles at the Brazilian Institute of Petroleum and the Brazilian Association of Oil and Gas Exploration and Production companies (ABEP).
    Mr Daniel Murnane Company Secretary Dec 2022
    -
    Daniel Murnane Company Secretary
    -
    R Church Executive Vice President and Chief Financial Officer (CFO)
    -
    M Brummelhuis Executive Vice President and Country Manager Brazil
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 184,485,999 25.59%
    J P Morgan Nominees Australia Pty Limited 130,844,369 18.15%
    Citicorp Nominees Pty Limited 128,040,222 17.76%
    BNP Paribas Noms Pty Ltd 19,503,732 2.71%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 9,068,294 1.26%
    BNP Paribas Nominees Pty Ltd <IB AU Noms Retailclient> 8,925,356 1.24%
    WHSP Holdings Pty Limited 7,825,000 1.09%
    Palm Beach Nominees Pty Limited 6,875,120 0.95%
    HSBC Custody Nominees (Australia) Limited A/C 2 6,390,509 0.89%
    HSBC Custody Nominees (Australia) Limited GSCO ECA 6,170,052 0.86%
    HSBC Custody Nominees (Australia) Limited <NT Comnwlth Super Corp A/C> 5,289,106 0.73%
    BNP Paribas Nominees Pty Ltd <Clearstream> 2,689,224 0.37%
    Netwealth Investments Limited <Wrap Services A/C> 2,605,474 0.36%
    Greenhill Road Investments Pty Ltd 2,450,000 0.34%
    Pickard Capital Pty Ltd 2,350,000 0.33%
    Sandhurst Trustees Ltd <Collins St Value Fund A/C> 2,303,123 0.32%
    Mr Kenneth Joseph Hall <Hall Park A/C> 2,050,000 0.28%
    Moorgate Investments Pty Ltd 1,958,432 0.27%
    Dr Julian David Fowles 1,894,002 0.26%
    Invia Custodian Pty Limited <Ropat Nominees Pty Ltd A/C> 1,474,465 0.20%

    Profile

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