Inpex (OTCMKTS:IPXHY) Announces Earnings Results

Inpex (OTCMKTS:IPXHY) posted its quarterly earnings results on Thursday. The company reported $0.78 earnings per share (EPS) for the quarter, Zacks reports. Inpex had a net margin of 21.93% and a return on equity of 8.53%.

Inpex Stock Performance

Shares of OTCMKTS IPXHY traded up $0.32 during mid-day trading on Thursday, hitting $22.92. The company had a trading volume of 28,391 shares, compared to its average volume of 61,150. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.32 and a quick ratio of 1.24. The business’s 50-day simple moving average is $24.18 and its 200-day simple moving average is $24.06. Inpex has a 12 month low of $19.19 and a 12 month high of $31.10. The firm has a market cap of $27.18 billion, a P/E ratio of 9.63 and a beta of 0.20.

Inpex Company Profile

INPEX Corporation is a Japanese energy company focused on the exploration, development, production and sale of oil and natural gas. Its activities span the energy project lifecycle, from resource exploration and field development to the production and marketing of energy products. The company operates in Japan and internationally, with projects and business interests in regions including Australia, Indonesia and the Middle East. A major project is the Ichthys LNG project in Australia, which produces liquefied natural gas, condensate and liquefied petroleum gas for domestic and overseas markets.