Karoon Energy Ltd chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.60
Dividend & YieldN/A$ (N/A)
Beta 1.64
Market capitalization 1.19B
Operating cash flow 156M
ESG Scores unknown

Company description

Karoon Energy Ltd operates as an oil and gas exploration and production company in Australia, Brazil, and Peru. The company holds 100% interest in the Santos Basin consisting of 5 off-shore blocks located in the State of Sáo Paulo, Brazil; 50% interest in the Carnarvon Basin located in the north Western Australia; and the Tumbes Basin covering an area of approximately 4,875 square kilometers located in northern Peru. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018. Karoon Energy Ltd was incorporated in 2003 and is headquartered in Southbank, Australia.

Sector: Energy - Industry: Oil & Gas E&P

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities -1.56M 3.08M 14.16M -39.61M
Total Cashflows From Investing Activities -28.22M -2.57M -52.65M -169.21M
Net Borrowings -64.29k -94.08k -254k -23.41M
Total Cash From Financing Activities -64.29k -94.08k 188.11M -23.41M
Change To Operating Activities 256.15k -225.53k -989k 452k
Issuance Of Stock 195.46M 195.46M 195.46M
Net Income -181.78M -18.87M -86.14M 4.38M
Change In Cash -41.5M -7.38M 67.66M -163.21M
Effect Of Exchange Rate 12.08M 17.54M -683k -373k
Total Cash From Operating Activities -25.29M -22.26M -67.12M 29.79M
Depreciation 157.77M 1.16M 626k 65.69M
Change To Account Receivables 333.3k -222.72k -8.06M -24.78M
Other Cashflows From Financing Activities -7.09M -7.09M -7.09M
Change To Netincome -836.41k -7.66M 10.4M 28.97M
Capital Expenditures -25.74M -5.07M -52.74M -172.66M

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -184.06M -16.12M -86.77M -27.87M
Net Income -181.78M -18.87M -86.14M 4.38M
Selling General Administrative 21.73M 19.72M 14.47M 17.56M
Gross Profit -8.4M -5.21M -12.72M 58.86M
Ebit -196.64M -33.24M -92.62M 19.41M
Operating Income -196.64M -33.24M -92.62M 19.41M
Interest Expense -14.3k -5.88k -95k -12.5M
Income Tax Expense -2.28M 2.75M -634k -32.26M
Total Revenue 710.65k 2.33M 170.81M
Cost Of Revenue 9.11M 7.54M 12.72M 111.95M
Total Other Income ExpenseNet 12.59M 17.11M 5.84M -47.29M
Net Income From Continuing Ops -181.78M -18.87M -86.14M 4.38M
Net Income Applicable To Common Shares -181.78M -18.87M -86.14M 4.38M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 39.69M 31.66M 38.53M 633.71M
Total Stockholder Equity 555.23M 426.16M 359.48M 380.25M
Other Current Liabilities 4.03M 3.99M 5.89M 53.61M
Total Assets 594.92M 457.82M 398.01M 1.01B
Common Stock 802.3M 802.3M 905.28M 905.14M
Other Current Assets 18.95k 535.88k 3.77M 209k
Retained Earnings -214.73M -366.9M -418.75M -414.37M
Treasury Stock -32.34M -9.23M -127.05M -110.52M
Cash 333.57M 326.19M 296.42M 133.21M
Total Current Liabilities 6.71M 7.97M 25.23M 130.28M
Other Stockholder Equity -32.34M -9.23M -127.05M -110.52M
Property, Plant, and Equipment 802.51k 793.64k 2.81M 744.68M
Total Current Assets 335.71M 331.95M 311.22M 183.85M
Net Tangible Assets 344.81M 340.09M 318.07M 339.3M
Net Receivables 1.34M 1.94M 9.38M 36.59M
Accounts Payable 2.01M 3.17M 18.7M 30.29M


Insider Transactions

Here are the insider transactions of stock shares related to Karoon Energy Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Turnbull (Peter)Purchase at price 1.31 per share.D2022-07-28Independent Non-Executive Director26.73k
Hosking (Scott)D2021-06-30Chief Financial Officer7.72k
Hosking (Tim)D2021-06-30Former298.33k
Munks (Edward)D2021-06-30Chief Operating Officer48.38k
Phillips (Bruce John)Sale at price 0.97 per share.D2021-06-18Independent Non-Executive Chairman675k
Phillips (Bruce John)D2021-06-17Independent Non-Executive Chairman349k
Phillips (Bruce John)D2021-06-15Independent Non-Executive Chairman326k
Fowles (Julian)Purchase at price 0.77 per share.D2021-02-01Chief Executive Officer100k
Atkins (Geoff)D2020-11-27Retired232.03k
Hosking (Robert Michael)D2020-11-27Retired11.93M
Davey (Clark)Purchase at price 0.55 per share.D2020-09-03Director (Independent)100k
Atkins (Geoff)D2020-06-30Director (Independent)6k
Hosking (Scott)D2020-06-30Chief Financial Officer411.71k
Hosking (Tim)D2020-06-30Divisional Officer53.76k
Munks (Edward)D2020-06-30Chief Operating Officer236.85k
Bastos de Freitas Rachid (Luciana)Purchase at price 0.44 per share.D2020-06-09Independent Non-Executive Director52.96k
Turnbull (Peter)Purchase at price 0.22 per share.D2020-03-18Director (Independent)83.76k
Phillips (Bruce John)Purchase at price 0.23 per share.D2020-03-17Independent Non-Executive Chairman1.25M
Smith (Mark Alexander)D2019-11-29Former1.92M
Smith (Mark Alexander)Other at price 0.63 per share.D2019-11-19Director (Executive)1.28M
Turnbull (Peter)Other at price 0.63 per share.D2019-11-19Director (Independent)21.51k
Davey (Clark)Other at price 0.63 per share.D2019-11-19Director (Independent)22.92k
Hosking (Robert Michael)Other at price 0.63 per share.D2019-11-19Managing Director2.06M
Hosking (Robert Michael)Sale at price 0.68 per share.D2019-11-12Managing Director2M
Phillips (Bruce John)Purchase at price 0.71 per share.D2019-11-12Independent Non-Executive Chairman500k
Smith (Mark Alexander)Other at price 0.68 per share.D2019-11-07Director (Executive)1.06M
Smith (Mark Alexander)Purchase at price 0.87 per share.D2019-08-14Director (Executive)15k
Hosking (Robert Michael)Purchase at price 0.91 per share.D2019-08-14Managing Director20k
Hosking (Robert Michael)D2019-07-01Managing Director128.5k
Smith (Mark Alexander)D2019-07-01Director (Executive)128.5k
Klingner (David)D2018-08-13Deceased103.59k
Hosking (Robert Michael)D2018-06-29Managing Director105.71k
Smith (Mark Alexander)D2017-07-31Director (Executive)105.71k
Munks (Edward)D2017-06-30Chief Operating Officer42.51k
Hosking (Robert Michael)D2017-02-14Managing Director70k
Turnbull (Peter)Purchase at price 1.32 per share.D2017-02-08Director (Independent)8.5k
Smith (Mark Alexander)D2017-02-07Director (Executive)73.19k
Smith (Mark Alexander)Sale at price 1.33 per share.D2017-02-07Director (Executive)200k
Hosking (Robert Michael)D2017-02-07Managing Director73.19k
Wheelahan (Bernard)D2016-11-30Former80k
Atkins (Geoff)D2016-06-30Director (Independent)23.89k
Hosking (Scott)D2016-06-30Chief Financial Officer87.06k
Hosking (Tim)D2016-06-30Divisional Officer12.39k
Munks (Edward)D2016-06-30Chief Operating Officer32.18k
Klingner (David)Purchase at price 1.32 per share.D2015-10-28Independent Chairman Of The Board30k
Klingner (David)Purchase at price 1.77 per share.D2015-07-17Independent Chairman Of The Board23.59k
Turnbull (Peter)Purchase at price 1.64 per share.D2015-07-10Director (Independent)5.24k
Turnbull (Peter)Purchase at price 1.67 per share.D2015-07-10Director (Independent)3.76k
Wheelahan (Bernard)Purchase at price 1.62 per share.D2015-07-08Director (Independent)50k
Hosking (Tim)D2015-06-30Divisional Officer17.12k
Munks (Edward)D2015-06-30Chief Operating Officer187.88k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Karoon Energy Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Karoon Energy Ltd

Here is the result of two systematic investment strategies applied to Karoon Energy Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Karoon Energy Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to Karoon Energy Ltd:

Karoon Energy Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 15.57% on the backtest period.

Performance at glance

Performance

15.57 %

Latent gain

350.33 $

Invested capital

2249.33 $

Annualized return

3.78 %
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Momentum strategy results on Karoon Energy Ltd

This is the result of two momentum investment strategies applied to Karoon Energy Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Karoon Energy Ltd

The following chart shows all the entries opened by the momentum investment system on Karoon Energy Ltd:

Karoon Energy Ltd momentum entries
  • The first momentum investment strategy would give 26.27% of return on Karoon Energy Ltd. That represents 1378.67$ of latent gain with 5248.51$ of employed capital.
  • The second momentum investment strategy would give 14.17% of return on Karoon Energy Ltd. That represents 495.68$ of latent gain with 3499.29$ of employed capital.
Performance at glance (1Q Momentum)

Performance

26.27 %

Latent gain

1378.67 $

Invested capital

5248.51 $

Annualized return

21.32 %
Performance at glance (2Q Momentum)

Performance

14.17 %

Latent gain

495.68 $

Invested capital

3499.29 $

Annualized return

3.89 %

Momentum equity curve on Karoon Energy Ltd

The following chart shows the equity curve of the two momentum strategies applied to Karoon Energy Ltd:

Karoon Energy Ltd momentum equity

Note: the dividends potentially given by Karoon Energy Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Karoon Energy Ltd

The following chart shows the employed capital evolution of the two momentum strategies on Karoon Energy Ltd since the beginning:

Karoon Energy Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Karoon Energy Ltd

Buy the dip entry openings on Karoon Energy Ltd

Karoon Energy Ltd

The performance achieved by the robo-advisor on Karoon Energy Ltd is 45.19%. That represents 225.93$ of latent gain with 499.94$ of employed capital. The following chart shows Karoon Energy Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Karoon Energy Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

45.19 %

Latent gain

225.93 $

Invested capital

499.94 $

Annualized return

21.32 %

Equity curve of the strategy applied to Karoon Energy Ltd

The following chart shows the result of the investment strategy applied to Karoon Energy Ltd:

Karoon Energy Ltd

Note: the dividends potentially given by Karoon Energy Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Karoon Energy Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on Karoon Energy Ltd:

Karoon Energy Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Karoon Energy Ltd

In this section, I will compare the three previous investment strategies applied to Karoon Energy Ltd.

Equity curve comparison on Karoon Energy Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Karoon Energy Ltd investment strategy comparison

Employed capital comparison on Karoon Energy Ltd

Karoon Energy Ltd investment comparison

Performance comparison on Karoon Energy Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 15.57% 350.33$ 2249.33$ 3.78%
Momentum 1 quarter 26.27% 1378.67$ 5248.51$ 6.77%
Momentum 2 quarters 14.17% 495.68$ 3499.29$ 3.89%
Non-directional 45.19% 225.93$ 499.94$ 21.32%
Annualized return comparison

Automatic investment

3.78 %

Momentum 1Q

3.89 %

Momentum 2Q

3.89 %

Non-directional

21.32 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Karoon Energy Ltd:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Karoon Energy Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of Karoon Energy Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Karoon Energy Ltd
Country Australia
City Southbank
Address 6 Riverside Quay
Phone 61 3 9616 7500
Website www.karoonenergy.com.au
FullTime employees
Industry Oil & Gas E&P
Sector Energy
Exchange XASX
Ticker KAR.XASX
Market www2.asx.com.au

Karoon Energy Ltd ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown