Articles On Karoon Energy (ASX:KAR)

The ASX 200 finished strong to end the day higher, after being down for most of the day. The biggest losses were in the Energy sector, which fell by more than 1.7% as oil prices dropped 1% on Friday. Energy plays like Woodside Petroleum (AS...

Stockhead caught up with portfolio manager Romano Sala Tenna of Katana Asset Management to find out what he’s been investing in, and his market predictions for the rest of the year. Investors breathed a sigh of relief this week, when US Fed...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Despite heightened market uncertainty due to the recent round of lockdowns, brokers expect strong earnings growth to underpin market performance during the August reporting season -Time to pounce on cyclicals harshly treated amid broader vo...

The big end of town cooled off a bit to end the week, as mining stocks eased back while the broader ASX200 drifted lower into the close. It followed two days of strong gains for the ASX200 Materials index, which gained an impressive 7.3% fo...

The biggest news out of big caps today came out of Wesfarmers (ASX:WES), which put a $680 million takeover offer on the table for Australian Pharmaceutical Industries (ASX:API) for $1.38 a share. According to Wesfarmers, the rationale behin...

ASX energy shares have been among the index’s stronger performers over the 2021 financial year (FY21). A 12-month period that saw the All Ordinaries Index (ASX: XAO) gain 25%. With that financial year done and dusted, we take a look at the...

Summary The ASX 200 breached 7,400 level for the first time to hit a fresh high of 7,406.20. The index closed 6.70 points higher at 7,386.20 ahead of the US Fed meeting scheduled tonight. The widely anticipated US Fed policy statement...

Each Friday, corporate advisory firm Barclay Pearce highlights the key trading themes of the week, along with which companies and sectors Stockhead readers should be keeping their eye on. After a tumultuous year in the wake of the pandemic,...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

The energy sector is chalking up another day of gains as the outlook brightens for the oil price and a leading broker is urging you to buy this ASX share today. The Brent crude benchmark has jumped by nearly 10% in two weeks from a low of U...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

03 Jun 2021 - Our snapshot of company news making headlines featuring Humm Group (ASX:HUM), Mesoblast (ASX:MSB), Sezzle (ASX:SZL), Karoon Energy (ASX:KAR).

03 Jun 2021 - Global oil and gas explorer Karoon Energy (ASX:KAR) has given the go-ahead to the company’s Patola subsea tie-in project development, estimated at $175 million to $19…

There are some ASX shares that are liked by some brokers and are currently rated as buys. The below two businesses are not only rated as buys, but brokers think they could produce quite a good return over the next 12 months with their pric...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Karoon Energy (KAR), Pinnacle Investment Management (PNI), Mainfreight (MFT), Reliance Worldwide (RWC) and Redbubble (RBL).

Karoon Energy Ltd (ASX: KAR) shares are jumping markedly today after the company reported achieving 1.14 billion barrels of oil production in its March 2021 quarterly report. At the time of writing, the Karoon share price has climbed 6.78%...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

The Karoon Energy Ltd (ASX: KAR) share price is rose in late-afternoon trade today. This follows the announcement of a contract with Maersk Drilling. Founded in 1972, Maersk Drilling is a leading offshore drilling operator. The company sup...

20 Apr 2021 - ASX-listed energy player Karoon Energy (ASX:KAR) has selected Danish-based rig operator Maersk Drilling to rehabilitate its Bauna oil field in Brazil’s Santos Basin r…

Source: Anan Kaewkhammul, Shutterstock Summary The IEA has lifted the world oil demand forecast by 6.6 per cent for 2021. Robust indicators and strong economic forecasts primarily power the increase in demand forecast. On 13 April, O...

Source: Kodda, Shutterstock Summary The Australian stock market set a new 100-day high today, with the energy index gaining 108.6 points. Ampol has posted higher EBIT numbers for three major segments for Q1. Strike Energy is raising...

Source: Alexander Knyazhinsky, Shutterstock Summary OPEC has increased the crude oil demand forecast by 6.6 per cent for 2021 in its April's Monthly Oil Market Report. The cartel made this upward revision in demand projections based o...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Karoon Energy, Charter Hall Social Infrastructure REIT, Charter Hall Retail REIT, Smartgroup and APN Industries REIT.

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

A glance through the latest expert views and predictions about commodities: oil; base metals; softs; and carbon -Upbeat outlook for energy stocks as demand accelerates-Strengthening economies drive demand for base metals-Yet significant ris...

A glance through the latest expert views and predictions about commodities: Another super cycle?; Molybdenum on the move; oil picks; tin demand; coal prices rising -Commodity boom ...not yet-Tight supply critical to maintaining molybdenum p...

The crash in oil-exposed ASX shares is creating a near-term chance to make a quick buck, according to Morgan Stanley. Crude oil prices tumbled last week on fears of an oversupply of the commodity. But the broker believes the sell-off is a...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Source: pan demin, Shutterstock Summary The prices of Brent crude surpassed the US$70/bbl barrier on 8 March 2020 amid supply concerns followed by Saudi’s missile attack. OPEC+ alliance had decided to continue supply cuts in the month...

ShareCafeCrude Shock in Store for the Commodity We Love to Hate Despite all expectations that it would do the exact opposite, the Saudi and Russian-led OPEC group recently approved the continuation of current production levels. If that wasn...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqua...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqua...

Today, Friday the 26th of February, we are happy to buy Atlas Arteria (ASX:ALX), Zip Co Ltd. (ASX:Z1P), Nextdc Ltd. (ASX:NXT), Sydney Airport Holdings (ASX:SYD), TPG Telecom Ltd. (ASX:TPG), Universal Store Holdings (ASX:UNI), Aventus Group...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((LFG)) - Liberty Financial ((A2M)) - a2 Milk Co ((AMX)) - Aerometrex ((APT)) - Afterpay ((AGI)) - Ainsworth Game  ((AIZ)) - Air New Zealand ((ANP)) - Antisense Therapeuti...

Source: Pavel Ignatov ,Shutterstock Summary First half saw the transformation of Karoon Energy (ASX:KAR) into one of the largest oil production companies on the ASX. The company completed the Baúna oil field acquisition and delivered...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanl...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqua...

Weekly update on stockbroker recommendation, target price and earnings forecast changes By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquar...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose of broker rating corre...

Summary With the historically low-interest rates and its boost to capital markets, penny stocks with their higher sensitivity to the market are currently in favour. As the Australian share market recovers from COVID-19 hues, investing...

Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose of broker rating correlation, Outperfor...

With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you. Three top shares that leading brokers have named as buys...

By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose of broker rating corre...

09 Nov 2020 - Karoon Energy’s subsidiary, Karoon Petróleo & Gás has completed the acquisition of the Baúna oil field located in the Santos Basin, offshore Brazil.

ShareCafeKAR – Morgans rates the stock as Add Karoon Energy released quarterly results showing production from Bauna of 15.6kbopd, which was around 5% ahead of Morgans estimate. The company finished the first quarter with $399m in cash, whi...