Skip to main content

Indonesia Energy Corporation Limited (INDO)

NYSEAMERICAN: INDO · Delayed Price · USD
4.22 -0.21 (-4.74%)
Sep 24, 2021 9:56 AM EDT - Market closed
Market Cap32.91M
Revenue (ttm)1.98M
Net Income (ttm)-6.95M
Shares Out7.43M
EPS (ttm)-0.94
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume7,443
Open4.33
Previous Close4.43
Day's Range4.20 - 4.40
52-Week Range3.26 - 11.87
Betan/a
AnalystsStrong Buy
Price Target8.00 (+89.6%)
Est. Earnings DateSep 28, 2021

About INDO

Indonesia Energy Corporation Limited, through its subsidiaries, 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 2.63 million barrels located to the northwest of Pendopo, Pali, and 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, ...

IndustryOil, Gas & Consumable Fuels
IPO DateDec 19, 2019
Employees28
Stock ExchangeNYSEAMERICAN
Ticker SymbolINDO
Full Company Profile

Financial Performance

In 2020, INDO's revenue was $1.98 million, a decrease of -52.65% compared to the previous year's $4.18 million. Losses were -$6.95 million, 315.3% more than in 2019.

Financial Statements

Analyst Forecast

According to one analyst, the rating for INDO stock is "Strong Buy" and the 12-month stock price forecast is 8.00.

Price Target
$8.00
(89.57% upside)
Analyst Consensus: Strong Buy

News

Indonesia Energy Corporation Responds to Inquiries Regarding Potential Rokan Producing Asset Acquisition

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / September 21, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia,...

2 days ago - Accesswire

Indonesia Energy Corporation to Present at Alliance Global Partners Energy Conference on Tuesday September 21st

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / September 17, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia,...

1 week ago - Accesswire

Indonesia Energy Discovers Oil in Its Second Back-to-Back New Well at Kruh Block

Production from Both New Wells Expected to Commence in October  with an Expected Increase in Revenues and Production for IEC by Over 100% JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / September 15,...

1 week ago - Accesswire

Indonesia Energy Commences Drilling of Second of Three Back-to-Back Wells

New drilling paves way for commencement of additional production at Kruh Block JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / August 25, 2021 / Indonesia Energy Corporation Limited (NYSE American:IN...

4 weeks ago - Accesswire

Indonesia Energy Discovers Oil in the First New Well at Kruh Block

Drilling Rig Has Moved to New Location to Drill Second New Well JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / July 20, 2021 / IndonesiaEnergy Corporation (NYSE American:INDO) ("IEC"), an oil and ga...

2 months ago - Accesswire

Indonesia Energy Corporation to Present Live at Noble Capital Markets Virtual Road Show Series on Thursday June 24th ...

President Frank Ingriselli to Provide Updates on IEC's Operations Followed by Q&A JAKARTA, INDONESIA & DANVILLE, CA / ACCESSWIRE / June 22, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC...

3 months ago - Accesswire

Indonesia Energy Corporation to Present at the LD Micro Invitational XI Virtual Event on Tuesday, June 8th at 2:30 PM...

President Frank Ingriselli to Provides Updates on IEC's New Drilling Program at Kruh Block and Anticipated Milestones for IEC JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / June 7, 2021 / Indonesia ...

3 months ago - Accesswire

Indonesia Energy Corporation Successfully Completes the Drilling of First New Well at Kruh Block to Final Total Depth

IEC Will Now Conduct Logging and Production Testing JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / June 4, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploratio...

3 months ago - Accesswire

Indonesia Energy Corporation Participates in Noble Capital Markets Video Interview

President Frank Ingriselli Provides Updates on IEC's New Drilling Program at Kruh Block and Anticipated Milestones for IEC JAKARTA, INDONESIA AND DANVILLE, CA / ACCESSWIRE / June 3, 2021 / Indonesia Ene...

3 months ago - Accesswire

Indonesia Energy Corporation to Host Investor Conference Call to Present Initial Results on its First New Well Drille...

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / May 18, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today...

4 months ago - Accesswire

Indonesia Energy Makes NYSE American Section 610(b) Public Announcement

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / May 18, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia,...

4 months ago - Accesswire

Indonesia Energy Commences Drilling of First of Three Back-To-Back Wells

Paves way for commencement of new production at Kruh Block JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / April 22, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and...

5 months ago - Accesswire