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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    Here's what to expect on the Australian share market today.

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    The broker has turned bullish on these names. Let's find out why.

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    Broker Notes

    Does Macquarie rate Karoon Energy shares a buy?

    Macquarie has kept its neutral rating on Karoon Energy with a $1.70 price target.

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    Share Gainers

    Why Aeris Resources, Karoon Energy, Pilbara Minerals, and Temple & Webster shares are charging higher

    These shares are ending the week with a bang. But why?

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    Energy stocks tick higher as Trump administration announces fresh Russian sanctions

    Australian oil company shares are trading slightly firmer as the US cracks down on Russian oil exports.

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    5 things to watch on the ASX 200 on Friday

    A good finish to the week is expected for Aussie investors.

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    Energy Shares

    How high can Karoon Energy shares go?

    Karoon Energy has boosted revenue on the back of strong oil prices.

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    Share Gainers

    Why Australian Clinical Labs, Karoon Energy, MA Financial, and Silex shares are roaring higher today

    These shares are rising more than most today. But why?

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    Share Market News

    5 things to watch on the ASX 200 on Tuesday

    A good session is expected for Aussie investors today.

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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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