Inpex Corporation

Inpex Corporation

22.09
EUR
+0.64
(+2.98%)
20.43BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
833.04
913.9
802.01
691.31
598.77
639.36
665.22
528.04
858.41
1,700.99
1,672.31
1,830.88
1,689.52
- -
Basic EPS, GAAP
125.29
125.78
53.29
11.49
31.61
27.64
65.81
-76.5
153.87
337.37
248.55
345.31
330.82
- -
Free Cash Flow per Basic Share
-80.32
-108.9
-181.81
-311.22
-16.78
-65.09
-55.36
105.49
203.15
405.82
411.16
285.78
- -
- -
Dividend per Share
18.75
17.76
18
18.01
18
18
18
29.99
32.23
58.83
69.65
81
- -
- -
Book Value per Share
1,699.1
1,911.25
2,099.95
2,008.34
2,015.38
1,997.24
2,058.95
1,874.08
2,253.17
2,877.68
3,345.22
4,026.22
4,073.44
4,390.36
Tangible Book Value per Share
1,438.78
1,610.52
1,785.8
1,637.56
1,658.44
1,626.44
1,702.69
1,571.5
1,931.03
2,508.33
3,321.77
3,994.89
4,006.58
4,320.82
Basic Weighted Avg Shares
1,460
1,460
1,460
1,460
1,460
1,460
1,460
1,460
1,450
1,367
1,294
1,238
1,190
1,174
Sales/Revenue/Turnover
1,216,533
1,334,625
1,171,226
1,009,564
874,423
933,701
971,388
771,046
1,244,369
2,324,660
2,164,516
2,265,837
2,011,351
- -
Operating Margin (%)
57
54.97
45.67
38.64
38.48
38.27
48.83
32.23
47.47
53.62
50.63
51.5
52.87
- -
Depreciation Expense
58,675
57,676
59,280
93,551
97,919
99,565
113,659
180,858
210,040
301,523
319,608
359,230
- -
- -
Net Income, GAAP
182,961
183,690
77,820
16,777
46,168
40,362
96,106
-111,699
223,048
461,069
321,708
427,344
393,836
- -
Effective Tax Rate (%)
73.7
75.08
86
107.76
82.86
100.68
80.41
254.03
66.75
67.19
73.47
66.57
63.39
- -
Profit Margin (%)
15.04
13.76
6.64
1.66
5.28
4.32
9.89
-14.49
17.92
19.83
14.86
18.86
19.58
- -
Working Capital
691,528
764,534
977,197
665,218
645,495
160,911
85,711
47,805
169,976
202,661
266,205
336,543
269,430
348,634
LT Debt
466,908
561,674
643,951
673,098
643,432
627,326
1,014,013
1,059,713
1,099,721
1,194,369
895,923
870,064
703,264
656,506
Total Equity
2,670,981
2,996,034
3,288,701
3,178,801
3,207,540
3,158,866
3,257,582
3,001,338
3,346,408
4,022,367
4,499,033
5,137,832
5,022,903
5,350,952
Return on Invested Capital (%)
6.01
5.25
1.95
-0.76
1.46
-0.06
2.24
-8.83
4.45
8.18
5.32
7.11
6.63
- -
Return on Capital (%)
6.14
5.38
2.13
1.49
0.95
2.14
2.39
-3.45
5.4
9.53
6.11
7.85
6.23
- -
Return on Common Equity (%)
7.85
6.97
2.66
0.56
1.57
1.38
3.25
-3.89
7.61
13.39
8.07
9.46
8.23
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
275,898
- -
661,817
LT Borrowings
937,870
- -
656,506
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,248
1,162
1,162
Market Capitalization
2,957,309
5,625,787
3,794,746

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
1,119,900
- -
1,439,473
Cash, Cash Equivalents & STI
615,163
- -
960,565
Accounts Receivable, Net
305,625
- -
205,460
Inventories
82,464
- -
90,791
Total Current Liabilities
778,042
- -
1,090,839
Payables & Accruals
- -
- -
- -
ST Debt
275,898
- -
661,817
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.68%
11.1%
-2.24%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-19.21%
-39.64%
-7.84%
Sales/Revenue/Turnover
9.78%
26.95%
-11.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
596,800
594,061
- -
- -
2,265,837
2025
- -
- -
- -
- -
2,011,351
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
96.82
72.36
- -
- -
345.31
2025
- -
- -
- -
- -
330.82
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28.89
8.14
- -
- -
81
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Takayuki Ueda
Full Time Employees
3,720
Sector
Energy minerals
Industry
Integrated oil
Address
Akasaka Biz Tower Tokyo TY Japan 107-6332
IPO Date
Apr 3, 2006
Business
INPEX Corporation (1605.T), Japan's largest oil and natural gas exploration and production company, engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources worldwide; natural gas transportation and pipeline operations; gas, heat, and electricity supply; manufacture and sale of drilling mud conditioners and cement additives; geothermal project development; truck transport; power generation; real estate management, leasing, brokerage, and sales; and contracting for drilling oil, geothermal wells, and large-diameter foundation works. The company operates through key projects in five core areas--Australia, Abu Dhabi, Southeast Asia, Japan, and Europe--including the Ichthys LNG project in Australia, Abadi LNG in Indonesia, Upper Zakum and onshore concession fields in Abu Dhabi, and domestic activities via subsidiary INPEX JAPAN; it also pursues lower-carbon solutions such as hydrogen, ammonia, CCS/CCUS, and renewable energy. Founded in 1966 and headquartered at Akasaka Biz Tower in Tokyo's Minato-ku, INPEX targets energy markets with a focus on stable supply and responsible energy transition, serving gas companies, utilities, and regional consumers across Asia, Oceania, the Middle East, Europe, and North America. INPEX maintains stable operations at Ichthys LNG, shipping 65 cargoes in the first half of 2025 with segment profit of 139.0 billion yen, while planning a six-week shutdown maintenance in the second half and advancing exploration in surrounding blocks like AC/P66; Ichthys profit contribution is forecasted at about 250 billion yen for full-year 2025.[web:pdf] Abadi LNG entered the front-end engineering and design (FEED) phase in August 2025, targeting final investment decision by 2027 with mid-10% IRR, non-binding letters of intent exceeding planned volumes for Asian local consumption, and parallel financing negotiations favoring equity upstream and loans downstream.[web:pdf] In Abu Dhabi, INPEX agreed to a development plan for Upper Zakum oil field production increase and secured a production concession for onshore Block 4; recent expansions include acquiring five Norway licenses and increasing Ichthys stake from Tokyo Gas in 2024, awarding new exploration blocks in Indonesia (Serpang), Malaysia (SB306A/B, Block 2A), and producing assets from Pandion Energy in Norway.[web:pdf] Lower-carbon initiatives advanced with a joint venture "Metropolitan CCS, LTD." established in February 2025 for Tokyo-area CCS commercialization, a May consignment contract with JOGMEC for engineering/design aiming CO2 injection by 2030, and Pre-FEED for Australia's Bonaparte CCS; blue hydrogen/ammonia demonstration in Niigata commenced commissioning in June 2025.[web:pdf] Renewable efforts include final investment decision for Muara Laboh geothermal expansion in Indonesia (commercial operations 2027), Potentia Energy's April 2025 acquisition of Australian renewable portfolio, and solar/battery storage FID; power collaborations feature a pact with Hokuriku Electric Power.[web:pdf] Financially, INPEX raised its 2025 profit forecast to 370 billion yen in August (23% above May), targets "Profit Booster 500" with 50 billion yen annual uplift from Ichthys capital reduction and incentives, progressive dividends starting at 90 yen/share, and 80 billion yen share buybacks amid Brent $69/bbl and 147 yen/USD assumptions.[web:pdf]

Company News

  • Australia names offshore site for Inpex-led Bonaparte carbon storage project

  • Reviewing Inpex (OTCMKTS:IPXHY) & Montauk Renewables (NASDAQ:MNTK)

  • Inpex exercises pre-emptive rights to buy JERA's stake in Ichthys LNG project

  • Inpex Corporation (IPXHY) Q2 2026 Earnings Call Transcript

  • Inpex raises full-year guidance on higher oil prices and LNG project

  • Australian regulator sues Japan's Inpex over Ichthys LNG emissions breaches

  • Australia tribunal rejects move by Japan's Inpex to stop LNG strike

  • Inpex to seek orders from Australia's workplace tribunal to stop labour action at Ichthys LNG

  • Australian union files safety complaint against Japan's Inpex

  • Workers to escalate strike at Inpex's Ichthys LNG sites after talks fail

  • Australian union says protected industrial action begins on all three Inpex LNG facilities

  • Australian union suspends planned strikes at Inpex LNG plant, citing progress in talks

  • Woodside assessing preemption Inpex's buy of Petrochina's stake in Browse gas fields

  • Japan's Inpex to buy stake in Australian Browse gas field from PetroChina

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  • Inpex (OTCMKTS:IPXHY) Sees Unusually-High Trading Volume – What’s Next?

  • Inpex Corporation (IPXHY) Q4 2025 Earnings Call Transcript

  • Japanese oil and gas group Inpex sees LNG supply shortfall in Asia in 2035

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