Inpex Corp. (OTCMKTS:IPXHY – Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 26,032 shares, a drop of 54.3% from the July 15th total of 56,923 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 126,049 shares, the short-interest ratio is currently 0.2 days.
Inpex Price Performance
Inpex stock traded up $0.72 during midday trading on Friday, hitting $23.75. The company’s stock had a trading volume of 21,612 shares, compared to its average volume of 55,804. Inpex has a 12 month low of $15.56 and a 12 month high of $31.10. The company has a quick ratio of 1.17, a current ratio of 1.24 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $28.17 billion, a PE ratio of 11.26 and a beta of 0.13. The stock’s 50-day moving average price is $21.65 and its 200-day moving average price is $23.96.
Inpex (OTCMKTS:IPXHY – Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.60 earnings per share (EPS) for the quarter. Inpex had a net margin of 19.02% and a return on equity of 7.66%. The company had revenue of $3.20 billion for the quarter. Analysts anticipate that Inpex will post 2.45 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
View Our Latest Research Report on Inpex
Inpex Company Profile
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.
See Also
- Five stocks we like better than Inpex
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Inpex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inpex and related companies with MarketBeat.com's FREE daily email newsletter.
