CARNARVON ENERGY LIMITED (CVN)
Share Price Analysis and Chart

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CVN

CVN - CARNARVON ENERGY LIMITED

FNArena Sector : Crude Oil
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: -0.08
Index: ALL-ORDS

Carnarvon Petroleum is an Australian oil and gas explorer operating in Western Australia's North West Shelf. The company has been listed since 1984.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.10

14 Jan
2026

0.010

OPEN

$0.09

11.11%

HIGH

$0.10

5,210,666

LOW

$0.09

TARGET
$0.15 50.0% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AEL . ALD . BHP . BPT . BRU . CRD . FAR . HE8 . HZN . KAR . MAY . VEA .
FNARENA'S MARKET CONSENSUS FORECASTS
CVN: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 0.2 N/A xxx
DPS (cps) xxx 0.0 N/A xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx0.2
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx15.2
Net Operating Cash Flow xxxxxxxxxxxxxxx6.0 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx1.36 %
Return on Invested Capital xxxxxxxxxxxxxxx1.36 %
Return on Assets xxxxxxxxxxxxxxx1.34 %
Return on Equity xxxxxxxxxxxxxxx1.36 %
Return on Total Capital xxxxxxxxxxxxxxx-1.86 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx6.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx186 M
Price To Book Value xxxxxxxxxxxxxxx0.69

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx2.9 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx5 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

14/01/2026

3

Hold

$0.15

50.00%

Ord Minnett has updated its Energy and Utilities sector coverage following year-end revisions to spot prices, currency assumptions and a higher risk-free rate.

These changes have driven modest forecast EPS downgrades and price target adjustments across the broker's coverage within the sector.

Ord Minnett also lowers its near-term oil price forecasts and trims long-term assumptions, while LNG price expectations are reduced for 2026-27.

Stock-specific impacts are most notable for Beach Energy, reflecting a slower Waitsia ramp-up, and Santos, following delays at Barossa.

The target for Carnarvon Energy is 15c. Hold rating retained.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Jarden

28/08/2025

2

Overweight

$0.14

40.00%

Jarden trimmed the target price for Carnarvon Energy to 14c from 15c following share price weakness in Strike Energy ((STX)). For context, the company recently made $52m placement in Strike, with plans for $36m more, to take its equity ownership to 19.9%.

The broker highlights the downgrade to gas reserves at Strike's Walyering gas field was larger than expected.

FY25 net profit of $3.6m missed the broker's forecast of $6.6m due to higher employee costs and tax. 

Overweight maintained.

FORECAST
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.10 cents.
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 0.00 cents.
Access Extra Coverage Research History >

CVN STOCK CHART

FNArena News on CVN

1
Australian Broker Call *Extra* Edition – Nov 10, 2025

Nov 10 2025 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Sep 04, 2025

Sep 04 2025 - Daily Market Reports
3
In Case You Missed It – BC Extra Upgrades & Downgrades – 15-08-25

Aug 15 2025 - Weekly Reports
4
Australian Broker Call *Extra* Edition – Aug 14, 2025

Aug 14 2025 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Aug 06, 2025

Aug 06 2025 - Daily Market Reports

Latest Crude Oil News

1
Oil Markets: Bracing For A Surplus

Sep 11 2025 - Commodities
2
Crude Oil: Nothing Good Happens Below US$65

Jun 05 2025 - International
3
Upping the East Coast Amplitude

Mar 28 2025 - Commodities
4
Break-Out For Beach Energy

Dec 17 2024 - Technicals
5
Beach Energy Looks Ready

May 14 2024 - Technicals
6
Oil Price Surge Not Expected

Apr 15 2024 - Commodities
7
A Multi-Month Up-Trend For Beach Energy

Apr 02 2024 - Technicals
8
Crude Oil: On Watch

Mar 27 2024 - Technicals
9
Oil Market Not Concerned, And Not Concerning

Oct 25 2023 - Commodities
10
Karoon Energy Shares Ready To Run

Oct 17 2023 - Technicals