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Karoon Energy (Karoon Energy) Operating Margin % : 52.19% (As of Dec. 2023)


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What is Karoon Energy Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Karoon Energy's Operating Income for the six months ended in Dec. 2023 was $215.5 Mil. Karoon Energy's Revenue for the six months ended in Dec. 2023 was $412.9 Mil. Therefore, Karoon Energy's Operating Margin % for the quarter that ended in Dec. 2023 was 52.19%.

The historical rank and industry rank for Karoon Energy's Operating Margin % or its related term are showing as below:

KRNGF' s Operating Margin % Range Over the Past 10 Years
Min: 23.36   Med: 53.59   Max: 55.75
Current: 54.97


KRNGF's Operating Margin % is ranked better than
95.29% of 976 companies
in the Oil & Gas industry
Industry Median: 7.635 vs KRNGF: 54.97

Karoon Energy's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Karoon Energy's Operating Income for the six months ended in Dec. 2023 was $215.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $373.8 Mil.


Karoon Energy Operating Margin % Historical Data

The historical data trend for Karoon Energy's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Karoon Energy Operating Margin % Chart

Karoon Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 23.36 53.59 55.75

Karoon Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.13 69.99 52.61 59.27 52.19

Competitive Comparison of Karoon Energy's Operating Margin %

For the Oil & Gas E&P subindustry, Karoon Energy's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Karoon Energy's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Karoon Energy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Karoon Energy's Operating Margin % falls into.



Karoon Energy Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Karoon Energy's Operating Margin % for the fiscal year that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=315.8 / 566.5
=55.75 %

Karoon Energy's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=215.5 / 412.9
=52.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Karoon Energy  (OTCPK:KRNGF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Karoon Energy Operating Margin % Related Terms

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Karoon Energy (Karoon Energy) Business Description

Traded in Other Exchanges
Address
6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006
Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.

Karoon Energy (Karoon Energy) Headlines

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