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Karoon Energy

DB:LBL
Snowflake Description

Excellent balance sheet with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LBL
DB
A$263M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Karoon Energy Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • Karoon Energy has significant price volatility in the past 3 months.
LBL Share Price and Events
7 Day Returns
-0.8%
DB:LBL
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-
DB:LBL
34.4%
DE Oil and Gas
-14.2%
DE Market
LBL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Karoon Energy (LBL) -0.8% 1.7% -69.9% - -81.8% -86.2%
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • No trading data on LBL.
  • No trading data on LBL.
Price Volatility
LBL
Industry
5yr Volatility vs Market

LBL Value

 Is Karoon Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Karoon Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Karoon Energy.

DB:LBL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 4.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:LBL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.948 (1 + (1- 30%) (0.38%))
0.967
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.967 * 5.44%)
4.87%

Discounted Cash Flow Calculation for DB:LBL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Karoon Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:LBL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 4.87%)
2020 -85.00 Analyst x1 -81.05
2021 99.00 Analyst x1 90.02
2022 36.00 Analyst x1 31.21
2023 14.31 Est @ -60.26% 11.83
2024 8.26 Est @ -42.3% 6.51
2025 5.80 Est @ -29.73% 4.36
2026 4.59 Est @ -20.93% 3.29
2027 3.91 Est @ -14.76% 2.67
2028 3.50 Est @ -10.45% 2.28
2029 3.24 Est @ -7.43% 2.01
Present value of next 10 years cash flows A$73.00
DB:LBL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$3.24 × (1 + -0.39%) ÷ (4.87% – -0.39%)
A$61.39
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$61.39 ÷ (1 + 4.87%)10
A$38.16
DB:LBL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$73.00 + A$38.16
A$111.16
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$111.16 / 552.98
A$0.2
DB:LBL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:LBL represents 0.51368x of ASX:KAR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.51368x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 0.20 x 0.51368
€0.10
Value per share (EUR) From above. €0.10
Current discount Discount to share price of €0.24
= -1 x (€0.24 - €0.10) / €0.10
-136.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Karoon Energy is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Karoon Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Karoon Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:LBL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$-0.13
ASX:KAR Share Price ** ASX (2020-04-07) in AUD A$0.48
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Karoon Energy.

DB:LBL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:KAR Share Price ÷ EPS (both in AUD)

= 0.48 ÷ -0.13

-3.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Karoon Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Karoon Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Karoon Energy's expected growth come at a high price?
Raw Data
DB:LBL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
84.2%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Karoon Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Karoon Energy's assets?
Raw Data
DB:LBL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$1.42
ASX:KAR Share Price * ASX (2020-04-07) in AUD A$0.48
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:LBL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:KAR Share Price ÷ Book Value per Share (both in AUD)

= 0.48 ÷ 1.42

0.33x

* Primary Listing of Karoon Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Karoon Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Karoon Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Karoon Energy has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LBL Future Performance

 How is Karoon Energy expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
84.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Karoon Energy expected to grow at an attractive rate?
  • Karoon Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Karoon Energy's earnings growth is expected to exceed the Germany market average.
  • Karoon Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:LBL Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:LBL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 84.2%
DB:LBL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 101.8%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:LBL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:LBL Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 818 356 39 2
2021-06-30 382 202 65 2
2020-06-30 105 -99 -55 1
2020-04-08
DB:LBL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 4 -16 -38
2019-09-30 3 -19 -33
2019-06-30 2 -22 -28
2019-03-31 2 -24 -98
2018-12-31 1 -27 -167
2018-09-30 1 -26 -174
2018-06-30 1 -25 -182
2018-03-31 1 -33 -142
2017-12-31 1 -40 -101
2017-09-30 1 -39 -91
2017-06-30 1 -38 -82
2017-03-31 1 -36 -56

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Karoon Energy's earnings are expected to grow significantly at over 20% yearly.
  • Karoon Energy's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:LBL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Karoon Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LBL Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30 0.07 0.21 -0.07 2.00
2021-06-30 0.12 0.12 0.12 1.00
2020-06-30 -0.13 -0.11 -0.14 2.00
2020-04-08
DB:LBL Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 -0.13
2019-09-30 -0.12
2019-06-30 -0.12
2019-03-31 -0.40
2018-12-31 -0.68
2018-09-30 -0.71
2018-06-30 -0.74
2018-03-31 -0.58
2017-12-31 -0.41
2017-09-30 -0.37
2017-06-30 -0.33
2017-03-31 -0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Karoon Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Karoon Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Karoon Energy has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LBL Past Performance

  How has Karoon Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Karoon Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Karoon Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Karoon Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Karoon Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Karoon Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Karoon Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LBL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 4.25 -37.72 18.98
2019-09-30 3.29 -33.07 21.45
2019-06-30 2.33 -28.42 23.92
2019-03-31 1.58 -97.68 25.70
2018-12-31 0.83 -166.95 27.61
2018-09-30 0.77 -174.36 27.45
2018-06-30 0.71 -181.78 27.30
2018-03-31 0.63 -141.56 34.65
2017-12-31 0.55 -101.35 42.00
2017-09-30 0.70 -91.44 41.36
2017-06-30 0.86 -81.53 40.71
2017-03-31 1.03 -55.52 31.23
2016-12-31 1.20 -29.52 21.74
2016-09-30 1.58 -67.32 20.19
2016-06-30 1.95 -105.13 18.64
2016-03-31 2.62 -83.37 17.83
2015-12-31 3.28 -61.61 17.02
2015-09-30 3.26 84.92 16.47
2015-06-30 3.24 231.46 15.91
2015-03-31 2.95 221.57 15.51
2014-12-31 2.66 211.68 15.12
2014-09-30 4.69 103.08 17.32
2014-06-30 6.71 -5.52 19.53
2014-03-31 7.76 -7.92 19.68
2013-12-31 8.80 -10.32 19.84
2013-09-30 8.29 -10.63 18.32
2013-06-30 7.78 -10.93 16.81

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Karoon Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Karoon Energy has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Karoon Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Karoon Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Karoon Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LBL Health

 How is Karoon Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Karoon Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Karoon Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Karoon Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Karoon Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Karoon Energy has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Karoon Energy Company Filings, last reported 3 months ago.

DB:LBL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 785.38 0.00 496.49
2019-09-30 785.38 0.00 496.49
2019-06-30 541.24 0.00 326.19
2019-03-31 541.24 0.00 326.19
2018-12-31 551.64 0.00 330.03
2018-09-30 551.64 0.00 330.03
2018-06-30 555.23 0.00 333.57
2018-03-31 555.23 0.00 333.57
2017-12-31 726.67 0.00 333.89
2017-09-30 726.67 0.00 333.89
2017-06-30 758.89 0.00 375.07
2017-03-31 758.89 0.00 375.07
2016-12-31 856.85 0.00 450.33
2016-09-30 856.85 0.00 450.33
2016-06-30 857.96 0.00 479.59
2016-03-31 857.96 0.00 479.59
2015-12-31 838.09 0.00 523.47
2015-09-30 838.09 0.00 523.47
2015-06-30 958.51 0.00 553.09
2015-03-31 958.51 0.00 553.09
2014-12-31 949.14 0.00 680.09
2014-09-30 949.14 0.00 680.09
2014-06-30 766.47 0.00 39.01
2014-03-31 766.47 0.00 39.01
2013-12-31 762.08 0.00 180.53
2013-09-30 762.08 0.00 180.53
2013-06-30 599.84 15.20 204.52
  • Karoon Energy has no debt.
  • Karoon Energy currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Karoon Energy has sufficient cash runway for more than 3 years based on current free cash flow.
  • Unable to confirm if Karoon Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Karoon Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Karoon Energy has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LBL Dividends

 What is Karoon Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Karoon Energy dividends. Estimated to be 0% next year.
If you bought €2,000 of Karoon Energy shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Karoon Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Karoon Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:LBL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:LBL Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.00 3.00
2021-06-30 0.00 3.00
2020-06-30 0.00 3.00
2020-04-08

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Karoon Energy has not reported any payouts.
  • Unable to verify if Karoon Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Karoon Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Karoon Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Karoon Energy's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Karoon Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Karoon Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Karoon Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LBL Management

 What is the CEO of Karoon Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Hosking
COMPENSATION A$1,178,318
AGE 72
TENURE AS CEO 5.3 years
CEO Bio

Mr. Robert Michael Hosking serves as the Chief Executive Officer and Managing Director of Karoon Gas Australia Ltd. Mr. Hosking is responsible for procuring PEP162 and EL4537 and managing all of the required work programs in relation to those permits including raising funds and overseeing the geophysical and geological contractors. He jointly owned and managed businesses involved in the trans-global sourcing, shipping and distribution of steel-related products with particular expertise gained in Europe and the Asia/Pacific Rim. He has been involved in the oil and gas industry for 9 years and has 30 years of commercial experience in the administration of several companies. Mr. Hosking serves as Executive Chairman of the Board of Karoon Petróleo & Gás Ltda. Mr. Hosking served as an Executive Chairman at Karoon Gas Australia Ltd. until December 19, 2014 and has been its Executive Director since November 11, 2003. He serves as a Founding Director of Nexus Energy (Aust.) NL, a subsidiary of Nexus Energy Limited. He served as a Non-executive Director of Nexus Energy Ltd. from July 26, 2001 to May 2005.

CEO Compensation
  • Robert's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Robert's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Karoon Energy management team in years:

9.3
Average Tenure
  • The average tenure for the Karoon Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Robert Hosking

TITLE
MD & Executive Director
COMPENSATION
A$1M
AGE
72
TENURE
5.3 yrs

Scott Hosking

TITLE
Company Secretary & CFO
COMPENSATION
A$629K
TENURE
14.1 yrs

Edward Munks

TITLE
Chief Operating Officer
COMPENSATION
A$979K
TENURE
9.3 yrs

Tim Hosking

TITLE
GM of South American & CEO of Brazil
COMPENSATION
A$629K

Lino Barro

TITLE
Engineering Manager
COMPENSATION
A$490K
Board of Directors Tenure

Average tenure and age of the Karoon Energy board of directors in years:

7.3
Average Tenure
63.5
Average Age
  • The tenure for the Karoon Energy board of directors is about average.
Board of Directors

Bruce Phillips

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$120K
AGE
64
TENURE
1.3 yrs

Robert Hosking

TITLE
MD & Executive Director
COMPENSATION
A$1M
AGE
72
TENURE
16.4 yrs

Clark A. Davey

TITLE
Independent Non-Executive Director
COMPENSATION
A$171K
AGE
63
TENURE
9.5 yrs

Peter Turnbull

TITLE
Independent Non Executive Director
COMPENSATION
A$198K
AGE
61
TENURE
5.8 yrs

Mark Smith

TITLE
Adviser to the Board
COMPENSATION
A$1M
AGE
63
TENURE
0.4 yrs

Geoff Atkins

TITLE
Independent Non Executive Director
COMPENSATION
A$114K
AGE
71
TENURE
15.2 yrs

José Barbosa

TITLE
Non-Executive Director
COMPENSATION
A$100K
AGE
79
TENURE
8.7 yrs

Luciana de Freitas Rachid

TITLE
Independent Non-Executive Director
COMPENSATION
A$124K
AGE
62
TENURE
3.7 yrs

Juliano Macedo

TITLE
Executive Director of Karoon Petróleo & Gas SA
COMPENSATION
A$365K
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Karoon Energy individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
25. Mar 20 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 11. Mar 20 20. Mar 20 -3,221,982 €0.22 €-723,795
25. Mar 20 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 11. Mar 20 20. Mar 20 9,612,584 €0.22 €2,098,383
21. Nov 19 Sell First Sentier Investors (Australia) IM Ltd Company 12. Nov 19 12. Nov 19 -251,363 €0.65 €-163,288
08. Nov 19 Sell First Sentier Investors (Australia) IM Ltd Company 04. Nov 19 05. Nov 19 -1,015,625 €0.60 €-605,335
18. Mar 20 Buy Bruce Phillips Individual 16. Mar 20 17. Mar 20 1,250,000 €0.21 €266,576
18. Mar 20 Buy Peter Turnbull Individual 16. Mar 20 18. Mar 20 83,763 €0.21 €17,321
04. Mar 20 Sell Macquarie Group, Ltd., Banking & Securities Investments Company 28. Feb 20 28. Feb 20 -2,000,000 €0.49 €-980,536
04. Mar 20 Buy Macquarie Investment Management Limited Company 28. Feb 20 28. Feb 20 23,810 €0.50 €11,814
03. Mar 20 Sell Macquarie Group, Ltd., Banking & Securities Investments Company 28. Oct 19 27. Feb 20 -3,072,991 €0.83 €0
03. Mar 20 Buy Macquarie Group, Ltd., Banking & Securities Investments Company 28. Oct 19 11. Nov 19 2,536,792 €0.59 €0
03. Mar 20 Sell Macquarie Investment Management Limited Company 25. Oct 19 26. Feb 20 -676,477 €0.77 €0
03. Mar 20 Buy Macquarie Investment Management Limited Company 25. Oct 19 03. Feb 20 1,873,172 €0.83 €0
03. Mar 20 Sell Macquarie Capital Investment Management LLC Company 18. Nov 19 18. Nov 19 -132,649 €0.65 €-86,480
03. Mar 20 Buy Macquarie Capital Investment Management LLC Company 25. Oct 19 29. Jan 20 149,910 €0.71 €0
11. Feb 20 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 02. Dec 19 06. Feb 20 -13,510,012 €0.75 €-9,765,751
11. Feb 20 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 02. Dec 19 06. Feb 20 21,748,124 €0.75 €15,071,710
11. Feb 20 Buy Morgan Stanley Investment Management Inc. Company 31. Jan 20 31. Jan 20 450 €0.70 €315
18. Dec 19 Sell Credit Suisse, Investment Banking and Securities Investments Company 09. Dec 19 13. Dec 19 -2,164,743 €0.65 €-1,409,279
18. Dec 19 Buy Credit Suisse, Investment Banking and Securities Investments Company 09. Dec 19 13. Dec 19 863,422 €0.66 €573,906
09. Dec 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 02. Dec 19 04. Dec 19 -1,507,424 €0.68 €-1,026,501
09. Dec 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 02. Dec 19 04. Dec 19 5,118,924 €0.66 €3,401,771
03. Dec 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 22. Nov 19 29. Nov 19 6,214,499 €0.68 €4,227,815
25. Nov 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 21. Nov 19 21. Nov 19 -249,573 €0.67 €-166,486
25. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 21. Nov 19 21. Nov 19 158,770 €0.65 €103,486
24. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 19. Nov 19 20. Nov 19 314,166 €0.67 €209,560
20. Nov 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 15. Nov 19 18. Nov 19 -7,384,559 €0.67 €-4,968,821
20. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 15. Nov 19 18. Nov 19 310,600 €0.65 €200,327
20. Nov 19 Buy Peter Turnbull Individual 19. Nov 19 19. Nov 19 21,506 €0.57 €12,325
18. Nov 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 08. Nov 19 14. Nov 19 -4,285,441 €0.65 €-2,779,512
18. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 08. Nov 19 14. Nov 19 9,790,139 €0.67 €6,485,000
11. Nov 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 06. Nov 19 07. Nov 19 -4,915,305 €0.61 €-2,994,178
11. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 06. Nov 19 07. Nov 19 472,521 €0.63 €296,521
13. Nov 19 Sell Robert Hosking Individual 08. Nov 19 12. Nov 19 -2,000,000 €0.62 €-1,233,387
11. Nov 19 Buy Bruce Phillips Individual 12. Nov 19 13. Nov 19 500,000 €0.64 €321,796
07. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 08. Jul 19 05. Nov 19 33,071,785 €0.77 €21,368,081
08. Nov 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 04. Nov 19 05. Nov 19 -287,105 €0.59 €-170,480
08. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 04. Nov 19 05. Nov 19 15,107,105 €0.59 €8,986,230
06. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 01. Nov 19 01. Nov 19 6,537,638 €0.58 €3,763,646
06. Nov 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 01. Nov 19 01. Nov 19 -53,130 €0.59 €-31,355
06. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 01. Nov 19 01. Nov 19 2,199,851 €0.59 €1,293,238
06. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 31. Oct 19 31. Oct 19 2,214,753 €0.57 €1,272,835
06. Nov 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 30. Oct 19 31. Oct 19 2,478,694 €0.58 €1,445,063
06. Nov 19 Sell Talbot Group Investments Pty Ltd. Company 07. Nov 19 07. Nov 19 -15,317,043 €0.59 €-8,974,848
06. Nov 19 Sell Mark Smith Individual 30. Oct 19 07. Nov 19 -1,063,240 €0.62 €-656,131
03. Nov 19 Sell Wellington Management Group LLP Company 31. Oct 19 31. Oct 19 -109,873 €0.59 €-65,110
03. Nov 19 Buy Wellington Management Group LLP Company 30. Oct 19 30. Oct 19 50,875 €0.60 €30,337
31. Oct 19 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 29. Oct 19 29. Oct 19 -257,530 €0.62 €-158,401
31. Oct 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 29. Oct 19 29. Oct 19 111,973 €0.60 €66,829
31. Oct 19 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 27. Jun 19 28. Oct 19 12,950,491 €0.73 €9,410,255
16. Aug 19 Buy Robert Hosking Individual 13. Aug 19 14. Aug 19 20,000 €0.82 €16,341
16. Aug 19 Buy Mark Smith Individual 12. Aug 19 14. Aug 19 15,000 €0.78 €11,722
14. Apr 19 Sell Wellington Management Group LLP Company 10. Jan 18 11. Apr 19 -4,462,393 €0.71 €-3,161,555
X
Management checks
We assess Karoon Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Karoon Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LBL News

Simply Wall St News

LBL Company Info

Description

Karoon Energy Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. The company has a working interest in two off-shore permits in the Browse and Carnavon basins covering a combined area of 15,492 square kilometers located to the north Western Australian coastline; and Ceduna basin covering an area of 17,793 square kilometers in the Great Australian Bight. It also has a working interest in 6 offshore blocks in the Santos basin covering an area of approximately 720 square kilometers located in the State of Santa Catarina. In addition, the company has a working interest in an off-shore block in the Tumbes basin covering an area of 4,750 square kilometers located to the north-west coast of 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.

Details
Name: Karoon Energy Ltd
LBL
Exchange: DB
Founded: 2003
A$149,236,748
552,984,693
Website: http://www.karoonenergy.com.au
Address: Karoon Energy Ltd
Riverside Quay,
Level 3/6,
Southbank,
Victoria, 3006,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX KAR Ordinary Shares Australian Securities Exchange AU AUD 08. Jun 2004
OTCPK KRNG.F Ordinary Shares Pink Sheets LLC US USD 08. Jun 2004
DB LBL Ordinary Shares Deutsche Boerse AG DE EUR 08. Jun 2004
CHIA KAR Ordinary Shares Chi-X Australia AU AUD 08. Jun 2004
OTCPK KRNG.Y UNSPONSORED ADR Pink Sheets LLC US USD 22. Jul 2010
Number of employees
Current staff
Staff numbers
0
Karoon Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 04:31
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.