Karoon Energy Ltd (KRNGY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Karoon Energy Ltd (KRNGY) trades at $1.90 with AI Score 48/100 (Grade C). Karoon Energy Ltd is an oil and gas exploration and production company with assets in Australia and Brazil. Market cap: $364.98M, Sector: Energy.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for KRNGY: KRNGY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates KRNGY against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
KRNGY: the 1 perspectives are evenly split.
How is this calculated? →Karoon Energy Ltd (KRNGY) Energy Operations & Outlook
Karoon Energy Ltd, an Australian-based oil and gas exploration and production company, focuses on offshore assets in Australia and Brazil. With a diversified portfolio across the Santos, Carnarvon, and Tumbes Basins, Karoon Energy operates in a competitive energy market, balancing production with exploration and development.
What Is the Investment Thesis for KRNGY?
Karoon Energy Ltd presents a compelling investment case centered on its diversified asset base and strategic positioning in the oil and gas sector. With a P/E ratio of 7.34 and a profit margin of 20.0%, the company demonstrates profitability and efficiency. Key value drivers include the continued production from its Brazilian and Australian assets, particularly the Santos and Carnarvon Basins. Upcoming catalysts involve potential discoveries and development in the Tumbes Basin. However, potential risks include fluctuations in oil prices and regulatory changes in the regions where it operates. The dividend yield of 2.86% provides an additional incentive for investors. The company's beta of 0.36 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
KRNGY Key Highlights
- Market Cap of $364.98M reflects the company's current valuation in the energy sector.
- P/E Ratio of 7.34 indicates potential undervaluation compared to industry peers.
- Profit Margin of 20.0% demonstrates efficient operations and profitability.
- Gross Margin of 36.8% highlights the company's ability to manage production costs effectively.
- Dividend Yield of 2.86% provides a steady income stream for investors.
Who Are KRNGY's Competitors?
KRNGY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ATONY Anton Oilfield Services Group | $27.50 | +17.52% | $377.27M | 49 |
| CAOLF China Aviation Oil (Singapore) Corporation Ltd | $1.74 | +0.00% | $1.50B | 49 |
| EXCE EXCO Resources, Inc. | $22.00 | -6.38% | $474.86M | 59 |
| OILSF Saturn Oil & Gas Inc. | $3.70 | -1.33% | $666.94M | 45 |
| PEGIY PT Energi Mega Persada Tbk | $16.62 | -10.06% | $1.77B | 49 |
| EXE Expand Energy Corporation | $89.09 | -1.80% | $21.31B | 72 |
| VIST Vista Energy, S.A.B. de C.V. | $61.57 | +2.00% | $6.42B | 68 |
| ATUUF Tenaz Energy Corp. | $31.44 | -2.60% | $1.03B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are KRNGY's Key Strengths?
- Diversified asset base in Australia and Brazil.
- Experienced management team with operational expertise.
- Strong financial position with a healthy profit margin.
- Established production from key assets like the Santos Basin.
What Are KRNGY's Weaknesses?
- Exposure to volatile oil and gas prices.
- Dependence on regulatory approvals for exploration and development.
- Limited geographic diversification compared to larger competitors.
- Smaller market capitalization may limit access to capital.
What Could Drive KRNGY Stock Higher?
- Exploration results from the Tumbes Basin in Peru could reveal new hydrocarbon discoveries.
- Continued production from the Santos Basin in Brazil is expected to generate steady revenue.
- Development of the Patola field in the Santos Basin is projected to increase production capacity.
- Potential strategic acquisitions to expand the company's asset base.
- Implementation of advanced technologies to improve operational efficiency.
What Are the Key Risks for KRNGY?
- Fluctuations in global oil and gas prices could impact revenue and profitability.
- Increasing environmental regulations could increase compliance costs.
- Geopolitical risks in operating regions could disrupt operations.
- Competition from larger oil and gas companies could limit market share.
- Limited liquidity in the OTC market could make it difficult to trade shares.
What Are the Growth Opportunities for KRNGY?
- Expansion in the Santos Basin: Karoon Energy's 100% interest in the Santos Basin offshore Brazil provides a significant growth opportunity. Further exploration and development of these blocks could lead to increased production and reserves. The Santos Basin is known for its prolific pre-salt discoveries, offering potential for substantial resource additions. The timeline for realizing this growth depends on successful exploration campaigns and regulatory approvals, with potential for increased production within the next 3-5 years.
- Development of the Carnarvon Basin: Holding a 50% interest in the Carnarvon Basin in Western Australia, Karoon Energy has the opportunity to increase production through further development of existing fields and exploration of new prospects. The Carnarvon Basin is a mature hydrocarbon province with established infrastructure, reducing the risk associated with new developments. Increased investment in this region could lead to higher production volumes and revenue streams over the next 2-4 years.
- Exploration in the Tumbes Basin: Karoon Energy's Tumbes Basin asset in northern Peru represents a longer-term growth opportunity. The basin covers a large area with potential for significant hydrocarbon discoveries. Exploration activities are currently underway to assess the resource potential. Successful exploration could lead to the development of new fields and a significant increase in the company's reserves over the next 5-7 years.
- Strategic Acquisitions: Karoon Energy could pursue strategic acquisitions to expand its asset base and diversify its geographic footprint. The company has a history of acquiring assets that complement its existing portfolio. Identifying and acquiring undervalued assets with proven reserves could provide a significant boost to production and revenue. The timing of such acquisitions is uncertain but could occur within the next 1-3 years.
- Technological Advancements: Implementing advanced technologies in exploration and production could improve efficiency and reduce costs. This includes using advanced seismic imaging, drilling techniques, and enhanced oil recovery methods. Investing in these technologies could lead to higher production rates and lower operating expenses, enhancing profitability. The benefits of technological advancements could be realized over the next 2-5 years.
What Opportunities Does KRNGY Have?
- Further exploration and development of existing assets.
- Strategic acquisitions to expand the asset base.
- Technological advancements to improve efficiency and reduce costs.
- Growing demand for oil and gas in emerging markets.
What Threats Does KRNGY Face?
- Fluctuations in global oil and gas prices.
- Increasing environmental regulations and scrutiny.
- Competition from larger oil and gas companies.
- Geopolitical risks in operating regions.
What Are KRNGY's Competitive Advantages?
- Strategic asset locations in prolific basins.
- Established operational expertise in offshore oil and gas production.
- Diversified portfolio of assets across multiple geographic regions.
- Long-term production licenses and agreements.
What Does KRNGY Do?
Karoon Energy Ltd, originally incorporated as Karoon Gas Australia Ltd in 2003, is an oil and gas exploration and production company with a strategic focus on assets in Australia and Brazil. The company's evolution reflects a transition from gas exploration to a broader portfolio encompassing both oil and gas production. Karoon Energy holds a 100% interest in the Santos Basin, which includes five offshore blocks located in the State of Sáo Paulo, Brazil, marking a significant international presence. Additionally, it maintains a 50% interest in the Carnarvon Basin, situated in north Western Australia, and controls the Tumbes Basin, spanning approximately 4,875 square kilometers in northern Peru. Karoon Energy's operations are centered on identifying, developing, and producing hydrocarbons from these offshore fields. The company changed its name to Karoon Energy Ltd in December 2018 to reflect its expanded energy portfolio and strategic direction. Headquartered in Southbank, Australia, Karoon Energy continues to explore opportunities for growth and value creation within the oil and gas sector.
What Products and Services Does KRNGY Offer?
- Explores for oil and gas resources in Australia and Brazil.
- Produces oil and gas from offshore fields.
- Holds interests in the Santos Basin offshore Brazil.
- Operates in the Carnarvon Basin in Western Australia.
- Conducts exploration activities in the Tumbes Basin in Peru.
- Manages a portfolio of oil and gas assets.
How Does KRNGY Make Money?
- Generates revenue through the sale of produced oil and gas.
- Focuses on offshore exploration and production activities.
- Invests in exploration and development projects to increase reserves and production.
- Manages costs and maximizes operational efficiency to enhance profitability.
What Industry Does KRNGY Operate In?
Karoon Energy operates within the oil and gas exploration and production industry, a sector characterized by cyclical trends and sensitivity to global economic conditions. The industry is currently navigating a transition towards cleaner energy sources while still meeting global energy demands. Karoon Energy competes with other exploration and production companies, including ATONY (Atlantic Oil N.A.), CAOLF (California Resources Corp), EXCE (Extraction Oil & Gas), OILSF (Oil States International), and PEGIY (Pengrowth Energy Corp), each with varying geographic focuses and operational strategies. The company's success depends on its ability to efficiently extract and produce oil and gas, manage costs, and adapt to changing market dynamics.
Who Are KRNGY's Key Customers?
- Oil and gas refineries.
- Energy companies.
- Wholesale energy markets.
- Industrial consumers of energy.
F-Score 5/9Financial Health
Karoon Energy Ltd's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.95 places it in the grey zone, a middle ground that warrants monitoring.
KRNGY Valuation & Market Position
With a $364.98M market cap, Karoon Energy Ltd sits in the small-cap segment of the market. Relative to its peer group, KRNGY's quantitative score of 48/100 is roughly in line with the peer average of 50/100.
ROE 12%Key Financial Metrics
Return on equity for Karoon Energy Ltd stands at 12.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 7.1%, showing how much profit it generates from its asset base. KRNGY trades at a trailing price-to-earnings ratio of 5.66, below the Energy sector average of ~17x. Its free cash flow yield is -1.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.68 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 17.7%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
Karoon Energy Ltd operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Southbank, AU. The company is led by CEO Carri A. Lockhart. KRNGY has traded publicly since 2018.
KRNGY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2026
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Karoon's long-term strategy, aligning management's interests with shareholders.
- The community is buzzing about Karoon's potential to capitalize on rising energy demand, viewing it as a key player in the sector's growth.
- Positive sentiment is building around Karoon's ability to expand its production capabilities, potentially leading to increased revenue streams.
- There's a growing perception that Karoon is undervalued compared to its peers, making it an attractive investment opportunity.
Bear Case
- Some insiders have recently reduced their holdings, potentially signaling concerns about short-term performance or market conditions.
- Community discussions highlight worries about Karoon's debt levels and its ability to manage financial obligations effectively.
- There are concerns within the community regarding Karoon's operational efficiency and its capacity to maintain consistent production levels.
- Market perception suggests that Karoon faces significant regulatory hurdles and environmental challenges, potentially impacting future operations.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
KRNGY Latest News
No recent news available for KRNGY.
KRNGY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for KRNGY.
Price Targets
Wall Street price target analysis for KRNGY.
KRNGY MoonshotScore
What does this score mean?
The MoonshotScore rates KRNGY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Carri A. Lockhart
Unknown
Carri A. Lockhart is the managing leader of Karoon Energy Ltd, overseeing a team of 155 employees. Information regarding Lockhart's detailed career history, educational background, and previous roles is not available in the provided data. Further research would be needed to provide a comprehensive biography.
Track Record: Due to limited information, specific achievements, strategic decisions, and company milestones under Carri A. Lockhart's leadership cannot be detailed. Additional data is needed to assess their track record effectively.
Karoon Energy Ltd ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. KRNGY functions as a Level 1 ADR, meaning it trades over-the-counter (OTC) rather than on a major exchange like the NYSE or NASDAQ. Level 1 ADRs have less stringent reporting requirements, making them a simpler way for foreign companies to access the U.S. market.
- Home Market Ticker: Australian Securities Exchange (ASX), Australia
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: KRNG
KRNGY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited financial disclosure and may not meet minimum listing requirements of major exchanges like the NYSE or NASDAQ. This tier is distinct from higher tiers like OTCQX and OTCQB, which have more stringent financial and reporting standards. Investing in OTC Other stocks carries higher risks due to the lack of regulatory oversight and transparency compared to exchange-listed securities.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency.
- Lower trading volume and liquidity.
- Wider bid-ask spreads.
- Potential for price manipulation.
- Higher risk of fraud or mismanagement.
- Verify the company's registration and legal status.
- Obtain and review available financial statements.
- Assess the company's management team and track record.
- Research the company's industry and competitive landscape.
- Understand the company's business model and revenue streams.
- Evaluate the company's risk factors and potential liabilities.
- Established operations in Australia and Brazil.
- History of oil and gas production.
- Listing on the Australian Securities Exchange (ASX).
- Presence of institutional investors.
- Independent audits of financial statements (if available).
What Investors Ask About Karoon Energy Ltd (KRNGY) — Energy
What does Karoon Energy Ltd do?
Karoon Energy Ltd is an oil and gas exploration and production company operating primarily in Australia and Brazil. The company focuses on identifying, developing, and producing hydrocarbons from offshore fields. Karoon Energy holds interests in key basins, including the Santos Basin in Brazil, the Carnarvon Basin in Western Australia, and the Tumbes Basin in Peru. Its business model centers on generating revenue through the sale of produced oil and gas, investing in exploration and development projects, and managing costs to enhance profitability. Karoon Energy aims to create long-term value for shareholders through sustainable and efficient operations.
What are the main risks for KRNGY?
The main risks for Karoon Energy Ltd include fluctuations in global oil and gas prices, which can significantly impact revenue and profitability. Increasing environmental regulations and scrutiny could increase compliance costs and limit operational flexibility. Geopolitical risks in operating regions, such as Brazil and Peru, could disrupt operations and impact investment decisions. Competition from larger oil and gas companies could limit market share and pricing power. Additionally, the limited liquidity in the OTC market poses a risk for investors seeking to trade shares quickly and at a favorable price.
What are the key factors to evaluate for KRNGY?
Karoon Energy Ltd (KRNGY) holds an AI score of 48/100 (low). Not financial advice.
How frequently does KRNGY data refresh on this page?
KRNGY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven KRNGY's recent stock price performance?
Karoon Energy Ltd (KRNGY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified asset base in Australia and Brazil. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider KRNGY overvalued or undervalued right now?
Valuing Karoon Energy Ltd (KRNGY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying KRNGY?
Before investing in Karoon Energy Ltd (KRNGY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding KRNGY to a portfolio?
Key strength of Karoon Energy Ltd (KRNGY): Diversified asset base in Australia and Brazil. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-03-16.
- OTC data may be limited or unaudited.
- Analyst consensus and future projections are subject to change.