Insider Buying: Karoon Energy Ltd (ASX:KAR) Insider Purchases A$270,300.00 in Stock

Karoon Energy Ltd (ASX:KAR) insider Julian Fowles acquired 150,000 shares of the stock in a transaction that occurred on Wednesday, June 26th. The shares were bought at an average price of A$1.80 ($1.20) per share, for a total transaction of A$270,300.00 ($180,200.00).

Karoon Energy Stock Performance

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

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.