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

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as at 24 Feb 3:44pm

    • Karoon Energy Ltd (ASX: KAR)
    Latest News

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    A better day of trade is expected for Aussie investors today.

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    5 things to watch on the ASX 200 on Friday

    | James Mickleboro

    Will the market end the week on a high? Let's find out.

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    A good session is expected for Aussie investors today.

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    The worst-performing market sector of 2024 was the best performer in the first week of 2025.

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    5 things to watch on the ASX 200 on Friday

    | James Mickleboro

    The benchmark index is expected to end the week in the red.

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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.

    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.

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