Karoon Energy Limited
Karoon Energy Limited is an ASX-listed international oil and gas exploration and production company headquartered in Melbourne, Australia. Its principal producing assets are the Baúna oil project in the Santos Basin, offshore Brazil, and the Who Dat assets in the Gulf of Mexico, USA, producing crude oil and natural gas.www.karoonenergy.com.au
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Search complete. 6 mentions across 5 episodes found for "Karoon Energy Limited".
Aug 27, 2026
Russell GradySOUNDBITE_SPEAKER
We don't wed ourself to any particular sector to anchor ourself on a sector for growth.
Juliet SalhiHOST
We also had Karoon Energy.
Juliet SalhiHOST
Such a busy day.
Juliet SalhiHOST
[laughs] Profit down 62%, low production and sales outweighing higher oil prices.
Juliet SalhiHOST
Management expecting a stronger second half.
Juliet SalhiHOST
I caught up with the Karoon Energy CEO, Kerry Lockhart.
Kerry LockhartSOUNDBITE_SPEAKER
Yeah, so h- the work that's been done both in 2025 as well as the first half of this year, uh, puts us in strong footing, and we've safeguarded the asset.
Kerry LockhartSOUNDBITE_SPEAKER
I do think that the teams are, are quite robust in terms of operational delivery.
Edward BoydCORRESPONDENT
Retailer Beacon Lighting soared after saying sales in the new financial year were showing some positive momentum.
Edward BoydCORRESPONDENT
And Karoon Energy invested heavily in its Brazilian gas project.
Edward BoydCORRESPONDENT
That's gonna bring two wells back into production.
Edward BoydCORRESPONDENT
It was down about 2%.
PhilHOST
Yeah.
Mark GardnerHOST
But, um, Karoon Energy, uh, ano- another company that loves to clutch defeat from the jaws of victory.
Mark GardnerHOST
Um, Magellan-
PhilHOST
Sure
James GruberHOST
[upbeat music] It's now time for the watchlist.
James GruberHOST
In Australia, company results today include Wesfarmers, Mineral Resources, Perpetual, Karoon Energy, Atlas Arteria, Qantas, and Ramsay Health Care.
James GruberHOST
Household spending and private capital expenditure figures are also released.
James GruberHOST
In the US, there are weekly jobless claims and day one of the Jackson Hole Symposium, where the world's central bankers are meeting.
Ben RichardsGUEST
I think Woodside's probably a fine exposure, uh, to these higher energy prices, oil and gas prices.
Ben RichardsGUEST
Uh, but, and like, look, we've done reasonably well trading Karoon Energy as our preferred way to play, I suppose, the oil price.
Ben RichardsGUEST
Uh, gas prices in particular are going well with the Asian gas prices rocketing, and it also gives you a bit of a positive read through for coal prices, given thermal coal's substitutability with natural gas.
Ben RichardsGUEST
Uh, but the problem with Woodside that we continue to come back to is that they're mature assets, they're aging assets.