Inpex (OTCMKTS:IPXHY) Reports Quarterly Earnings

On Thursday, Inpex (OTCMKTS:IPXHY) released its quarterly earnings results, revealing an EPS of $0.74 for the period. According to Zacks, the company managed to achieve a net margin of 16.48% and a return on equity of 8.16%, indicating a solid performance in its sector.

Inpex Stock Performance

During mid-day trading on Thursday, Inpex's stock saw a decline of 1.5%, falling by $0.19 to reach $12.38. A total of 141,318 shares changed hands, which is lower than the average trading volume of 163,930 shares. Currently, Inpex has a current ratio of 1.29, a quick ratio of 1.22, and a debt-to-equity ratio of 0.18. Over the past year, the stock has fluctuated between a low of $11.45 and a high of $17.42. Presently, it sits below its 50-day moving average of $12.49 and the 200-day moving average of $13.30. The company has a market capitalization of $15.45 billion and a P/E ratio of 6.13, with a beta of 0.93, reflecting its volatility in the market.

About Inpex Corporation

Inpex Corporation specializes in the exploration, development, production, and sale of oil, natural gas, and various mineral resources across multiple regions including Japan, Asia, Oceania, Europe, the Middle East, Africa, and the Americas. The company also invests in and lends to businesses engaged in mineral resources.

Additional Insights

• Explore recommendations: Five stocks that analysts prefer over Inpex
• Strategies to evaluate dividend stocks before making investments
• Latest news on Archer Aviation's significant investment from BlackRock
• Understanding RSI: its importance in trading
• Warren Buffett’s recent investments in Occidental Petroleum
• Benefits of after-hours trading for investors
• CVS Health sees stock surge after strong earnings report

This news update was generated through advanced technology and financial data sources to provide quick and accurate financial reporting. If you have any questions or feedback regarding this report, please reach out via email.

Investment Recommendations

If you're considering making an investment in Inpex, it might be wise to take a moment to review current analyst opinions.

Analysts have categorized Inpex with a “Hold” rating, but there are five stocks that top-performing analysts recommend instead, suggesting they may be more promising investment options.

Explore the analyst-preferred stocks to make informed decisions for your portfolio.

Inpex, Earnings, Stock