Karoon Energy (ASX:KAR) Ending Cash Position : A$255 Mil (As of Dec. 2023)

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What is Karoon Energy Ending Cash Position?

Karoon Energy's Ending Cash Position for the quarter that ended in Dec. 2023 was A$255 Mil.

Karoon Energy's quarterly Ending Cash Position declined from Dec. 2022 (A$242 Mil) to Jun. 2023 (A$111 Mil) but then increased from Jun. 2023 (A$111 Mil) to Dec. 2023 (A$255 Mil).

Karoon Energy's annual Ending Cash Position increased from Jun. 2021 (A$174 Mil) to Jun. 2022 (A$224 Mil) but then declined from Jun. 2022 (A$224 Mil) to Jun. 2023 (A$111 Mil).

Karoon Energy Ending Cash Position Historical Data

The historical data trend for Karoon Energy's Ending Cash Position 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.

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Karoon Energy Ending Cash Position Chart

Karoon Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Ending Cash Position

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328.96

430.02

174.24

224.38

111.45

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
Ending Cash Position	Get a 7-Day Free Trial															285.29	224.38	241.86	111.45	254.58

Karoon Energy Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Karoon Energy's Ending Cash Position for the fiscal year that ended in Jun. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	234.973	+	-123.521
	=	111

Karoon Energy's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	111.751	+	142.827
	=	255

Karoon Energy Ending Cash Position Related Terms

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Karoon Energy (ASX:KAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Karoon Energy Ltd (ASX:KAR) » Definitions » Ending Cash Position

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KRNGY:USA KRNGF:USA LBL:Germany

Address

6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.karoonenergy.com.au

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.