Inpex (OTCMKTS:IPXHY) Issues Earnings Results

Inpex (OTCMKTS:IPXHY) posted its earnings results on Thursday. The company reported $0.55 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $3.19 billion for the quarter. Inpex had a return on equity of 8.85% and a net margin of 21.08%.

Inpex Price Performance

Shares of OTCMKTS IPXHY opened at $24.50 on Friday. Inpex has a fifty-two week low of $11.27 and a fifty-two week high of $25.43. The company has a market cap of $29.06 billion, a PE ratio of 10.25 and a beta of 0.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.40 and a current ratio of 1.49. The business has a 50-day simple moving average of $20.96 and a two-hundred day simple moving average of $18.88.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein downgraded shares of Inpex to an “underperform” rating in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

About Inpex

INPEX is a Japan-based energy company primarily engaged in the exploration, development, production and sale of oil and natural gas resources. The company’s activities span upstream exploration and field development, midstream project execution — notably liquefied natural gas (LNG) facilities — and related resource management and commercial operations. INPEX’s portfolio includes conventional and unconventional hydrocarbon assets and associated engineering and project-management expertise to bring complex developments into production.

INPEX is known for participation and leadership in large-scale LNG projects, including the Ichthys LNG development off northern Australia, which represents a core midstream and export capability in the company’s business mix.