ASX Share rice
Tue 04 Aug 2020 - 11:23:pm (Sydney)

KAR Share Price

KAROON ENERGY LTDKAREnergy

KAR Company Information

Name:

Karoon Energy Ltd

Sector:

Energy

Industry:

Oil & Gas E&P

GIC Industry:

Oil, Gas & Consumable Fuels

GIC Sub Industry:

Oil & Gas Exploration & Production

Address:

6 Riverside Quay Southbank VIC Australia 3006

Phone:

61 3 9616 7500

MD & Exec. Director:

Mr. Robert Michael Hosking

Chief Financial Officer:

Mr. Scott Hosking B.Com., B.Commerce

Chief Operating Officer:

Mr. Edward Munks

GM of South American & CEO of Brazil:

Mr. Timothy Hosking

Company Sec.:

Mr. Nick Kennedy

Company Overview:

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.

KAR Share Price Information

Shares Issued:

552.99M

Market Capitalisation:

$406.44M

Revenue (TTM):

$4.25M

Revenue Per Share (TTM):

$0.02

Earnings per Share:

$-0.116

Operating Margin (TTM):

$-6.12

Return On Assets (TTM):

$-0.02

Return On Equity (TTM):

$-0.06

Quarterly Revenue Growth (YOY):

6.591

Gross Profit(TTM):

$-5,544,112

Diluted Earnings Per Share (TTM):

$-0.129

KAR CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-2,864,425

Change To Liabilities:

$-1,342,192

Total Cashflow From Investing Activities:

$-2,864,425

Net Borrowings:

$-94,081

Net Income:

$-28,417,537

Total Cash From Operating Activities:

$-21,964,059

Depreciation:

$15.23M

Other Cashflow From Investing Activities:

$8.14M

Change To Account Receivables:

$-222,722

Capital Expenditures:

$5.42M

KAR Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-29,577,941

Net Income:

$-28,417,537

Gross Profit:

$-5,544,112

Operating Income:

$-43,002,166

Other Operating Expenses:

$1.67M

Interest Expense:

$174.24K

Income Tax Expense:

$-1,160,404

Total Revenue:

$2.33M

Total Operating Expenses:

$43M

Cost Of Revenue:

$7.87M

KAR Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$535.66K

Total Liabilities:

$39.85M

Total Stockholder Equity:

$541.24M

Other Current Liabilities:

$3.95M

Total Assets:

$581.09M

Common Stock:

$802.30M

Other Current Assets:

$535.88K

Retained Earnings:

$-243,144,230

Other Liabilities:

$31.88M

Other Assets:

$39.01M

Cash:

$326.19M

Total Current Liabilities:

$7.97M

Property - Plant & Equipment:

$793.64K

Net Tangible Assets:

$331.90M

Long-Term Investments:

$7.51M

Total Current Assets:

$331.95M

Net Receivables:

$1.94M

Short-Term Investments:

$249.14M

Inventory:

$2.12M

Accounts Payable:

$3.17M

Non Currrent Assets (Other):

$31.50M

Short-Term Investments:

$249.14

Non Current Liabilities Total:

$31.88M

KAR Share Price History

KAR News

27 Apr, 2020
Karoon Energy Ltd's (ASX:KAR): Karoon Energy Ltd operates as an oil and gas exploration company in Australia, Brazil...
09 Mar, 2020
We think intelligent long term investing is the way to go. But unfortunately, some companies simply don't succeed...
09 Jan, 2020
In 2014 Robert Hosking was appointed CEO of Karoon Energy Ltd (ASX:KAR). This report will, first, examine the CEO...
08 Nov, 2019
We wouldn't blame Karoon Energy Ltd (ASX:KAR) shareholders if they were a little worried about the fact that Mark...
28 Oct, 2019
Karoon Energy Ltd's (ASX:KAR): Karoon Energy Ltd operates as an oil and gas exploration company in Australia, Brazil...
27 Sep, 2019
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...