Articles On Karoon Energy (ASX:KAR)

The S&P/ASX All Ordinaries Index (ASX: XAO) closed the session on Thursday up 0.68% to 7,291.9 points. Earnings season is upon us and some companies have rallied strongly today after posting their results. Let’s examine three ASX compa...

ASX finishes Thursday 0.75% higher Qantas makes $1.9bn FY22 loss Global central bankers to start arriving in Wyoming for Jackson Hole   Blue chip shares rose 0.75% on Thursday as investors reacted to the last batch of results to be releas...

The ASX 200 index fell by 1% on Tuesday Energy stocks rose as European’s benchmark for natural gas surged 20% overnight T. Rowe Price has downgraded Aussie stocks from overweight to neutral   Local shares finished lower by 1% for the seco...

Small caps creep up 0.018%, ASX 200 stays flat Energy sector jumps with Karoon Energy and Terracom both up 7%+ The RBA is aiming for a soft landing for the economy   The ASX 200 was unchanged today with only six out of eleven sectors hig...

The ASX 200 is up by 0.20% on Wednesday Australia’s wage increases by only 2.6% Earnings results dominate newsflow   The ASX 200 notched up its third consecutive winning day after finishing slightly above water by 0.30% on Wednesday. Cons...

West Africa-focused minerals sands producer Sierra Rutile has new substantial shareholders since its July IPO Money starts to flow back into healthcare sector including pharmaceuticals distributor Sigma Healthcare First Sentier sells out i...

The ASX is up 0.5% on Friday, 1% for the week Gold stocks rally on flight to safety as China stokes regional tensions RBA says unemployment rate will go up to 4% until 2024 Aussie blue chips rose 0.50% on Friday, taking the gain in the AS...

Karoon Energy (KAR) finishes the June quarter with a growth in production amid increasing oil prices During the period, the company achieved cash inflows of US$52.66 million (A$75.4 million) from operating activities, with US$104.1 million...

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...

ShareCafeKAR – Morgans rates the stock as Add Morgans increases its oil price forecasts across FY22-26 and lifts its long-term real price estimate to US$ 65/bbl from US$62/bbl. While there’s thought to be long-term value in the sector, some...

Gold Miner Regis Resources has new substantial shareholders after news of aborted Twiggy bid for 15% of the gold miner Fund manager Perpetual ceases to be a substantial shareholder in Bega Cheese after its share price falls 35% year to dat...

An ASX tech shares rebound – possibly a dead-cat bounce – tried to drive the Australian market higher on Wednesday, but the concerns on commodity prices more than outweighed this. By the close of ASX trading, the benchmark S&P/ASX 200 (...

ASX extends losses, down by 0.6% today Energy producers and Miners led selloff, dragged down by commodity prices Bitcoin is back below US$20k   After a horror week that saw the ASX index plunging by almost 8%, the local sharemarket began...

ASX extends losses, down by 0.6% today Energy producers and Miners led selloff, dragged down by commodity prices Bitcoin is back below US$20k   After a horror week that saw the ASX index plunging by almost 8%, the local sharemarket began...

Aussie shares fell for a seventh session as a collapse in the prices of major exports added to headwinds for the domestic economy.   The S&P/ASX 200 dropped 41 points or 0.64 per cent to a fresh 19-month low. Early indecision gave...

The share market spiralled towards a seventh straight loss as a collapse in iron ore and coal prices added to down-pressures The S&P/ASX 200‘s grim run of losses continued with a fall of 45 points or 0.7 per cent. The market trade...

ASX closes Friday 1.85% lower, almost 8% for the week It follows a selloff in global equity markets on recession concerns Australian Agricultural (AAC) rises 7% after Andrew Forrest raises his stake through Tattarang   Local shares dived...

ASX 200 dips 0.50% Energy stocks lead, while Tech lag The RBA is set to have the board meeting on Tuesday Local shares dipped today, down by 0.50% ahead of tomorrow’s RBA board meeting. The Melbourne Institute (MI) has this morning reveal...

ASX closes flat Mining and Energy lead, while Health and Financials lag Codan, Elders offer strong guidance The first day of a new government didn’t have much impact on the local stock market, with Aussie blue chips closing the day flat....

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has given back its morning gains and dropped into the red. At the time of writing, the benchmark index is down 0.1% to 7,138.4 points. Four ASX shares that are not letting that hold...

ASX 200 rose to its fourth consecutive day Miners led the bourse as risk sentiment returns Australian wages grew less than expected   The rebound in sentiment has been as swift as its drop last week, with the ASX now notching up its fourt...

Karoon Energy (KAR) commences its Baúna intervention campaign The commencement follows receipt of all permits and regulatory approvals required for the Maersk Developer drilling rig to commence operations The intervention campaign aims to...

As expected after Friday’s horror session on the US markets, the Australian share market put in a tough day on Monday, with all 11 sectors that make up the S&P/ASX 200 (ASX: XJO) posting red ink. The US slump, coming on top of continued...

Highlights The S&P/ASX 200 Energy Index (XEJ) decreased by 1.83% on Monday to reach 10,044.90. The Central bank of China intends to step up its efforts to support the economy which would eventually boost the crude oil demand. In r...

ASX 200 closed 1.27% lower in a Tech-led rout All 11 sectors were in the red ahead of the RBA meeting tomorrow Property prices in Sydney and Melbourne have dropped for the first time since Covid started in 2020   Tech stocks plunged and l...

 Commodities drive local shares down on China’s growth concerns Energy, Mining sectors were down more than 4% today    Volatility in commodity prices dragged the ASX much lower today, with commodity related stocks falling heavily. At the...

Highlights The benchmark ASX 200 index was trading 0.31% up at 7,546 in the first 10 minutes of trading. Several markets were closed on Monday due to the Easter holiday. Dexus has confirmed that it is engaged in discussions with AMP r...

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

Karoon Energy (ASX:KAR) has entered into a period of exclusivity regarding the potential acquisition of a 50% stake in the Atlanta field.

Karoon Energy (KAR) commits to drilling a control well in the Neon oil discovery, offshore Brazil The drilling strategy aims to reduce subsurface uncertainty to a sufficient degree in order to progress towards a Final Investment Decision D...

Highlights The benchmark ASX 200 was up 0.56% to 7,549.3 in the first 15 minutes of trade. US stocks plunged on Wednesday, with the Dow Jones and the S&P 500 snapping four-session winning streaks. The materials and energy sectors...

Highlights Crude oil prices tumbled on Tuesday. The prices of both oil benchmarks tumbled nearly 7% on Monday. Both Russia and Ukraine were set to meet on Tuesday in Istanbul for their initial peace talks in over two weeks. Crude...

ASX 200 notched up sixth day of gains Retailers, tech were best performing sectors Fed Budget to be delivered at 7.30pm AEDT tonight Retailers, Tech lead the way Local shares head into tonight’s Federal Budget in flying colours after clo...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Aussie unemployment rate is at 4%, lowest in 14 years ASX up 1% for the second consecutive day Tech index is up 3% for the second consecutive day   Local shares were up 1%, driven by the rally on Wall Street overnight and a jobless rate t...

Local shares were up just over 1% today, following the rally in global equity markets overnight. Wall Street and UK stock markets surged strongly after Ukranian President Volodymyr Zelensky said he was open to compromise on some of Russia’s...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Energy sector rises 5% as oil prices go nuts The benchmark Brent crude continued its rise in Asian trade, surging by another 20% this morning to over US$140 a barrel. It’s since retreated, and at 4pm AEDT, was trading just shy of US$130 a b...

The All Ordinaries Index (ASX: XAO) has recorded a day in the green today, finishing the trading day up 0.28%. at 7,406.3 points. A small gain, but a gain nonetheless. But ASX energy shares, on the whole, have fared far better. Thanks to...

Tuesday proved to be a good day to be an ASX energy share. The S&P/ASX 200 Energy Index (ASX: XEJ) outperformed the broader market, gaining 0.94% over today’s session. For context, the S&P/ASX 200 Index (ASX: XJO) closed 0.67% high...

Another bumper result from Karoon, with the oil producer delivering strong earnings growth, heavy FCF generation, and guidance upgrades.

Today, Thursday the 24th of February, we are happy to buy Domino Pizza (ASX:DMP), Healius (ASX:HLS), Homeco Daily Needs (ASX:HDN), Karoon Energy (ASX:KAR), and Universal Store (ASX:UNI).

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Following its first year as an oil producer, Karoon Energy (KAR) has raked in $29.1 million in profit over the first half of this financial year In its half year report, KAR revealed underlying net profit after tax (NPAT) for the period wa...

Australian shares climbed off a two-week low as investors discounted the likely economic hit from the Russia-Ukraine crisis. The S&P/ASX 200 bounced 28 points or 0.39 per cent. The Australian benchmark fell 1 per cent yesterday after...

Highlights The ASX 200 was trading 0.36% up at around 7,167.4 in the first 15 minutes of trading. The sectoral view is mixed today, with 6 out of the 11 sectors were trading lower in the morning. US President Joe Biden has joined Euro...

Geopolitical concerns continue to be the main driver for the markets, with the ASX 200 falling by 1.26% today. With Wall Street closed overnight (Presidents Day), local shares opened lower and remained in the red on the back of a risk sello...

The ASX 200 managed to regain some early losses, and closed the day just 0.40% lower. The Energy sector shed almost 3%, as investors locked in profits after the XEJ index hit a one-year peak yesterday. This comes as oil prices rose another...

Local shares moved higher today. Investors took to safety, betting on gold producers on concerns that Russia may invade Ukraine this week. Aussie gold stocks buoyed the ASX 200, which closed 0.28% higher, defying Wall Street as well as othe...

Losses in the information technology and healthcare sectors outweighed energy gains leading to a -6.4% total decline for the ASX200 in January, as the spectre of rising interest rates increased volatility. -The ASX200 lost -6.4% (total retu...