KAR 0.90% $1.65 karoon energy ltd

How profitable will Karoon be now and by 2H2022 when production reaches 30,000 bbls/day?, page-7

  1. 59 Posts.
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    I think any talk dividends are a distraction for KAR now as the company is in its investment phase now with the Bauna work over and Patola expansion in 2022.

    It should be valued for growth, but the market continues to value it at a deep discount for reasons discussed on HC. Looking forward I expect this discount to narrow as management deliver and execute to 30,000 bbl / day.

    Once confidence returns it will start to be priced for growth.
 
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