Karoon Energy Ltd (ASX:KAR) Insider Acquires A$175,095.36 in Stock

Karoon Energy Ltd (ASX:KAR) insider Julian Fowles bought 121,594 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were bought at an average price of A$1.44 ($0.90) per share, with a total value of A$175,095.36 ($109,434.60).

Karoon Energy Stock Performance

The company has a debt-to-equity ratio of 54.72, a current ratio of 1.15 and a quick ratio of 0.87.

Karoon Energy Company Profile

Karoon Energy Ltd operates as an oil and gas exploration and production company in Brazil, the United States, and Australia. It holds 100% interest in the Santos Basin located in the Sáo Paulo, Brazil. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018.