Inpex (OTCMKTS:IPXHY – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.60 EPS for the quarter, Zacks reports. Inpex had a net margin of 19.53% and a return on equity of 8.00%.
Inpex Price Performance
OTCMKTS IPXHY traded down $0.11 during midday trading on Wednesday, hitting $25.20. The company had a trading volume of 43,488 shares, compared to its average volume of 55,957. The firm has a 50-day moving average price of $26.74 and a 200-day moving average price of $22.90. The company has a market capitalization of $29.89 billion, a PE ratio of 11.45 and a beta of 0.17. The company has a current ratio of 1.32, a quick ratio of 1.24 and a debt-to-equity ratio of 0.14. Inpex has a twelve month low of $12.73 and a twelve month high of $31.10.
Analyst Ratings Changes
IPXHY has been the subject of a number of research analyst reports. Nomura upgraded Inpex to a “hold” rating in a report on Friday, February 20th. Sanford C. Bernstein raised Inpex from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
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.
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