Inpex (OTCMKTS:IPXHY) Releases Earnings Results

Inpex (OTCMKTS:IPXHY) issued its quarterly earnings results on Thursday. The company reported $0.74 earnings per share for the quarter, Zacks reports. Inpex had a return on equity of 8.16% and a net margin of 16.48%. The business had revenue of $3.40 billion for the quarter.

Inpex Stock Down 4.6 %

Shares of IPXHY stock traded down $0.60 on Friday, reaching $12.36. 193,683 shares of the company’s stock traded hands, compared to its average volume of 163,930. Inpex has a 12-month low of $11.45 and a 12-month high of $17.42. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.29. The company has a market capitalization of $15.42 billion, a P/E ratio of 6.12 and a beta of 0.93. The business’s 50 day moving average price is $12.47 and its two-hundred day moving average price is $13.28.

About Inpex

Inpex Corporation engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan, rest of Asia and Oceania, Europe and NIS countries, the Middle East and Africa, and the Americas. The company is involved in the investment and lending to the companies engaged in mineral resources business, etc.