Karoon Energy (OTCMKTS:KRNGF – Get Free Report) is projected to issue its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.0770 per share and revenue of $246.4340 million for the quarter.
Karoon Energy Trading Down 1.6%
Shares of OTCMKTS:KRNGF opened at $1.24 on Friday. Karoon Energy has a 1-year low of $0.74 and a 1-year high of $1.55. The firm has a fifty day moving average price of $1.11 and a 200 day moving average price of $1.12.
Karoon Energy Company Profile
Karoon Energy is an Australian-based oil and gas exploration and production company with a strategic focus on deepwater offshore Brazil. Headquartered in Perth, the company maintains regional offices in Houston and Rio de Janeiro to support technical and commercial operations. Since its establishment in 2005, Karoon has transitioned from onshore Australian projects to build a high-potential portfolio in the prolific Santos and Campos basins.
The company’s flagship asset is its interest in the Sépia oil province in the Santos Basin, which commenced production in late 2020.
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