KAR

KAROON FPO [KAR]
Karoon Energy Ltd operates as an oil and gas exploration and production company in Brazil, the United States, and Australia. The company holds 100% interest in the Santos Basin located in the Sáo Paulo, Brazil. Karoon Energy Ltd was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018. The company was incorporated in 2003 and is based in Southbank, Australia.
Energy · ASX Small Cap
$1.4950 -2.3%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Beating the Small Ords index — relative strength of 1.15, so it's outpacing the pack
  • Cash positive / operating cashflow positive
  • Low P/S ratio (1.7x)
  • Piotroski F-Score strong (7/9, low-confidence approx)
  • EPS estimates revised upward (+6pts)
  • CANSLIM A: Turned profitable
  • CANSLIM I: Institutional ownership (58%)
  • Healthy profit margins (20%)
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score grey zone (2.96, low-confidence approx)
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic turning bearish from a high level — caution
  • Below the 200-day average — the long-term trend is still working against it
  • Revenue declining (-13%)
  • Earnings declining (-17% QoQ)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 21% over the past year
  • Earnings momentum has turned negative — worth checking what's behind it
  • Revenue declining at -13% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.48%/day)
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Recent Catalysts

NONE Application for quotation of securities - KAR
NONE Notification of cessation of securities - KAR
NONE Bauna PRA-2 well production restart

Recent ASX Announcements

2026-07-20 Application for quotation of securities - KAR
2026-07-20 Notification of cessation of securities - KAR
2026-07-12 Bauna PRA-2 well production restart
2026-07-10 Update on Brazilian crude oil export tax PRICE SENSITIVE
2026-07-09 Application for quotation of securities - KAR

Key Metrics

$1.1B
Market Cap
7.4M
Avg Volume
0.8x
Vol Ratio
$1.25 — $2.26
52-Week Range
4.7%
Short Interest
N/A
Cash Runway
12.5%
ROE
20.0%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSdecliningEPS Growth: -17%
AAnnual EarningsimprovingCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 97%
LLeader vs LaggardlaggardRS: -15
IInstitutional SponsorshippassInst: 58%
MMarket DirectionneutralNeutral

Sector: Energy

62 tickers in this sector

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Compare:KAR vs MAYKAR vs AOKKAR vs WEC
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