ABOUT KAROON ENERGY
📊 Karoon Energy Limited (formerly Karoon Gas Australia Ltd), a global oil- and gas-exploration company, was incorporated in 2003 and has its headquarters in Melbourne, Australia. It also has corporate offices in Brazil and Peru.
📊 The company went public in 2004 and has since acquired a global portfolio of oil- and gas-exploration assets. It changed its name to Karoon Energy Limited in December 2018 to reflect its global footprint and diversified objectives. The company owns assets in Australia, Brazil and Peru.
📊 It is currently preparing a major Brazilian asset for appraisal and development. The latter will be the first time the company has reached production, and signals a new chapter in its history.
📊 Today, the company’s principal strategy is to identify off-shore early stage exploration opportunities. Its long-term objective is to retain residual equity interests in its assets as they go into production.
OVERVIEW OF KAROON ENERGY
Karoon Energy Limited focusses on investing in hydrocarbon exploration and evaluation. Its operating segments are Australia, Brazil and Peru.
The Australia segment comprises exploration and evaluation of hydrocarbons in two offshore permit areas: WA-314-P in the Browse Basin, and WA-482-P in the Carnarvon Basin. The company also holds a permit in the Ceduna Basin in the Great Australian Bight, comprising 17.793km².
Its Brazil division is engaged in the exploration and evaluation of hydrocarbons in a total of five offshore blocks, namely Block S-M-1037, Block S-M-1102, Block S-M-1101, Block S-M-1165 and Block S-M-1166. All are in the Santos Basin comprising a gross acreage of more than 550 km². These blocks are about 200km from the Santa Catarina coastline.
The Peru segment comprises evaluation and exploration of hydrocarbons in Block 144 (onshore) located in the Maranon Basin, and Blockz-38 (offshore) located in the Tumbes Basin. The latter is located about 10km from the north-west coast of Peru and covers an area of approximately 4.750km².
VISION & VALUES OF KAROON ENERGY
Karoon Energy is committed to upholding a culture that values ethical behaviour, integrity and respect.
Management believes that these standards are essential to create long-term value for clients, partners and shareholders who purchase company shares.
The company takes pride in its stellar track-record and regards safety as paramount in all of its operations.
MARKET PERFORMANCE OF KAROON ENERGY
Karoon Energy Limited trades on the Australian Securities Exchange (ASX) under the stock symbol KAR.
For fiscal 2019, the company recorded total revenue of $ 30.005 million. Its total assets were valued at $ 5.181 million.
The company has a market capitalization of $ 235 million. This solid performance bodes well for shareholders. They can buy or sell company shares in the expectation of lucrative dividends and returns.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy KAROON ENERGY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN KAROON ENERGY STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE KAROON ENERGY STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of KAROON ENERGY stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy KAROON ENERGY stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?