Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Karoon Energy's share price for the quarter that ended in Dec. 2023 was $1.395. Karoon Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 801.2 Mil. Therefore, Karoon Energy's market cap for the quarter that ended in Dec. 2023 was $1,117.7 Mil.
Karoon Energy's quarterly market cap
declined
from Dec. 2022 ($846.7 Mil) to Jun. 2023 ($785.1 Mil) but then
increased
from Jun. 2023 ($785.1 Mil) to Dec. 2023 ($1,117.7 Mil).
Karoon Energy's annual market cap
increased
from Jun. 2021 ($540.7 Mil) to Jun. 2022 ($687.6 Mil) and
increased
from Jun. 2022 ($687.6 Mil) to Jun. 2023 ($785.1 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Karoon Energy's Enterprise Value for Today is $1,300.8 Mil.
Karoon Energy Market Cap Historical Data
The historical data trend for Karoon Energy's Market Cap 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.
Competitive Comparison of Karoon Energy's Market Cap
For the Oil & Gas E&P subindustry, Karoon Energy's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Karoon Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Karoon Energy's Market Cap falls into.
Karoon Energy Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Karoon Energy's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Karoon Energy Market Cap Related Terms
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Karoon Energy (Karoon Energy) Business Description
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.
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