Julian Fowles Acquires 150,000 Shares of Karoon Energy Ltd (ASX:KAR) Stock

Karoon Energy Ltd (ASX:KAR) insider Julian Fowles purchased 150,000 shares of the firm’s stock in a transaction dated Wednesday, June 26th. The stock was acquired at an average cost of A$1.80 ($1.20) per share, for a total transaction of A$270,300.00 ($180,200.00).

Karoon Energy Price Performance

The company has a debt-to-equity ratio of 58.21, a current ratio of 1.15 and a quick ratio of 0.87.

About Karoon Energy

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.