Indonesia Energy Corporation Limited (INDO)

Market Cap	46.55M
Revenue (ttm)	3.73M
Net Income (ttm)	-4.21M
Shares Out	10.14M
EPS (ttm)	-0.56
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	72,622
Open	4.58
Previous Close	4.53
Day's Range	4.50 - 4.65
52-Week Range	4.26 - 30.69
Beta	0.76
Analysts	Buy
Price Target	15.30 (+233.33%)
Earnings Date	n/a

About INDO

Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Cor...

• Industry: Oil & Gas E&P
• Sector: Energy
• IPO Date: Dec 19, 2019
• Employees: 28
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: INDO

Financial Performance

In 2021, INDO's revenue was $2.45 million, an increase of 23.82% compared to the previous year's $1.98 million. Losses were -$6.08 million, -12.49% less than in 2020.

Analyst Forecast

According to 7 analysts, the average rating for INDO stock is "Buy." The 12-month stock price forecast is $15.3, which is an increase of 233.33% from the latest price.

Price Target

$15.3

(233.33% upside)

Analyst Consensus: Buy