Articles On Karoon Energy (ASX:KAR)

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).

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((29M)) - 29metals ((AMX)) - Aerometrex ((AIM)) - Ai-Media Technologies ((AGI)) - Ainsworth Game Technology ((AMA)) - AMA Group ((APA)) - APA Group ((BUB)) - Bubs Australi...

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...

Local shares were up 1.17% today as investors digested live comments from RBA’s governor Dr. Philip Lowe, who was speaking at the National Press Club. Australia’s central bank boss hinted that he might start raising rates in 2023, consisten...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

The ASX 200 was up 0.59% today after a flat start to the week. Both US and EU stocks rose after US Federal Reserve Chairman Jerome Powell reiterated the central banks efforts to corral inflation before the Senate Banking Committee. Powell s...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

ASX energy shares broadly enjoyed a strong year in 2021. The energy companies were buoyed by rising energy demand fuelled by the global reopening amid limited new supplies coming online, driving up the prices for crude oil, LNG, and coal....

The ASX 200 rebounded by 0.13% today, after posting losses over the last two days. Healthcare, Real Estate and Consumer Staples were the best sectors rising by 1% each, while Energy was the main laggard losing 1%. Falls in energy stocks fol...

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...

In this week's Weekly Insights:-Forecasts Are Falling-Conviction Calls-Research To DownloadBy Rudi Filapek-Vandyck, Editor FNArenaForecasts Are FallingAs if investors didn't already have enough to worry about, earnings forecasts around the...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Local markets looked brighter today. US share markets rebounded on Friday. Global oil prices also rose by around 1% on ahead of a meeting of OPEC+ producers today. Analysts expect that producers will add just 400,000 barrels per day in extr...

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...

More detail is being gleaned about the Bauna field where Karoon Energy appears set to become a scale oil producer with growth potential -Bauna field performing, decline rate better than previously expected-Well budgets maintained, productio...

Australia’s bourse had its biggest decline since February 26 falling by over 2%. The ASX 200 fell 2.1% to close at 7,248 and is down 5% since August 13. The ASX Emerging Companies Index fared worse, losing over 4% in its worst day since Apr...

The S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a big decline. In afternoon trade, the benchmark index is down 1.8% to 7,267 points. Four ASX shares that are falling more than most today are listed below. Here’s wh...

Shares in Karoon Energy Ltd (ASX: KAR) are heading south today. This comes after the energy company released its full-year results for the FY21 financial year. The Karoon share price is trading at $1.37 apiece, down 6.69% at the time of wr...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

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...