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Karoon Energy H1 Earnings, Revenue Down

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Karoon Energy (ASX:KAR) logged $0.0363 in EPS for the first half, compared with $0.0931 a year ago, a Thursday filing showed.

For the six months ended June 30, revenue was $244.9 million versus $308.3 million previously, the Australia-listed energy firm added.

The board declared an interim dividend of AU$0.012 per share, down from AU$0.024 a year earlier, payable Sept. 30 to shareholders on record as of Sept. 3.

The company expects fiscal 2027 total production of 7.2 to 8.2 million barrels of oil equivalent and total capital expenditure of $193 million to $222 million.

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