GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Karoon Energy Ltd (OTCPK:KRNGY) » Definitions » Net Margin %

Karoon Energy (Karoon Energy) Net Margin % : 29.67% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Karoon Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Karoon Energy's Net Income for the six months ended in Dec. 2023 was $122.5 Mil. Karoon Energy's Revenue for the six months ended in Dec. 2023 was $412.9 Mil. Therefore, Karoon Energy's net margin for the quarter that ended in Dec. 2023 was 29.67%.

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

KRNGY' s Net Margin % Range Over the Past 10 Years
Min: -16.74   Med: 2.57   Max: 30.57
Current: 30.57


KRNGY's Net Margin % is ranked better than
86.9% of 977 companies
in the Oil & Gas industry
Industry Median: 4.18 vs KRNGY: 30.57

Karoon Energy Net Margin % Historical Data

The historical data trend for Karoon Energy's Net 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 Net Margin % Chart

Karoon Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.57 -16.74 28.77

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
Net 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 -52.40 16.74 25.92 31.97 29.67

Competitive Comparison of Karoon Energy's Net Margin %

For the Oil & Gas E&P subindustry, Karoon Energy's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % Distribution in the Oil & Gas Industry

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

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



Karoon Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=163/566.5
=28.77 %

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

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=122.5/412.9
=29.67 %

* 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:KRNGY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Karoon Energy Net Margin % Related Terms

Thank you for viewing the detailed overview of Karoon Energy's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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

From GuruFocus

Karoon Energy Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-14-2024

Half Year 2023 Karoon Energy Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024