Karoon Energy (ASX:KAR) reported Thursday 2025 earnings of $0.1678 per share, up from $0.1597 a year earlier.
Analysts polled by FactSet expected earnings of $0.13.
Revenue for the 12 months ended Dec. 31, 2025, was $628.6 million, compared with $776.5 million a year earlier. Analysts surveyed by FactSet expected $628.5 million.
The company reaffirmed 2026 guidance of total production of 8.1 million barrels of oil equivalent (mmboe) to 9.2 mmboe with total expenditure of $110 million to $135 million.
The board declared a final dividend of AU$0.031 per share, down from AU$0.05 a year earlier, payable March 31 to shareholders on record as of March 6.
The company's shares fell 1% in recent Thursday trade.