- Inpex has increased its forecast for fiscal year operating income to 1.09 trillion yen, up from a previous forecast of 916.00 billion yen.
- The company has raised its forecast for net income to 370.00 billion yen, compared to the earlier estimate of 300.00 billion yen.
- Net sales are now expected to be 2.00 trillion yen, higher than the prior forecast of 1.82 trillion yen.
- Inpex anticipates declaring a dividend of 100.00 yen.
- For the second quarter, Inpex reported an operating income of 293.01 billion yen, exceeding the estimate of 249.09 billion yen.
- Second quarter net income was 97.23 billion yen, which was below the estimated 115.4 billion yen.
- The company’s net sales for the second quarter reached 511.97 billion yen, surpassing the estimate of 486.62 billion yen.
- Analyst recommendations for Inpex include 4 buys, 7 holds, and 0 sells.
A look at Inpex Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
INPEX Corporation, a holding company formed from the reorganization of INPEX Corp and Teikoku Oil, is showing promising long-term potential based on its Smartkarma Smart Scores. With a top score of 5 in both Value and Dividend categories, Inpex Corp is perceived as a strong player in terms of its financial health and ability to provide consistent returns to investors. Additionally, scoring a 4 in Growth and Resilience, the company demonstrates solid prospects for expansion and a certain level of stability in navigating market challenges. Although its Momentum score sits at 3, indicating a more moderate performance in this aspect, overall, Inpex Corp‘s outlook remains positive.
INPEX Corporation, a holding entity resulting from the merger of INPEX Corp and Teikoku Oil, oversees various subsidiaries engaged in the exploration, production, and distribution of oil and natural gas. With a strong emphasis on value, dividends, growth, and resilience, Inpex Corp positions itself as a reliable and lucrative option for investors seeking exposure to the energy sector. Despite a slightly lower score on Momentum, the company’s strategic focus on fundamental strengths bodes well for its long-term sustainability and success in the evolving market landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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