Karoon Energy Ltd (ASX:KAR) Insider Julian Fowles Acquires 121,594 Shares

Karoon Energy Ltd (ASX:KAR) insider Julian Fowles acquired 121,594 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were acquired 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 current ratio of 1.15, a quick ratio of 0.87 and a debt-to-equity ratio of 54.72.

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.