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KRNGY (Karoon Energy) 5-Year Yield-on-Cost % : 3.16 (As of Dec. 13, 2024)


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What is Karoon Energy 5-Year Yield-on-Cost %?

Karoon Energy's yield on cost for the quarter that ended in Jun. 2024 was 3.16.


The historical rank and industry rank for Karoon Energy's 5-Year Yield-on-Cost % or its related term are showing as below:

KRNGY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.53
Current: 3.16


During the past 13 years, Karoon Energy's highest Yield on Cost was 3.53. The lowest was 0.00. And the median was 0.00.


KRNGY's 5-Year Yield-on-Cost % is ranked worse than
69.88% of 498 companies
in the Oil & Gas industry
Industry Median: 5.26 vs KRNGY: 3.16

Competitive Comparison of Karoon Energy's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Karoon Energy's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Karoon Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Karoon Energy's 5-Year Yield-on-Cost % falls into.



Karoon Energy 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Karoon Energy is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Karoon Energy  (OTCPK:KRNGY) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Karoon Energy 5-Year Yield-on-Cost % Related Terms

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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.