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Karoon Energy Boosts Production but Faces Profit Headwinds in 2025 H1
12:56am on Saturday 30th of August, 2025 AEST
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Energy
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Karoon Energy Boosts Production but Faces Profit Headwinds in 2025 H1
12:56am on Saturday 30th of August, 2025 AEST
Key Points
Production up 4% year-on-year with revised 2025 guidance to 9.7–10.5 MMboe
Underlying EBITDAX down 25%, NPAT down 61% due to pricing and cost pressures
Baúna FPSO acquisition completed; Karoon to operate FPSO pending approvals
Neon and Who Dat projects progress with Define phases and targeted FIDs
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KAROON ENERGY (ASX:KAR)
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