Indonesia Energy Corporation Limited (INDO)

NYSEAMERICAN: INDO · IEX Real-Time Price · USD
7.32
+0.47 (6.86%)
At close: Jun 24, 2022 4:00 PM
7.40
+0.08 (1.09%)
After-hours: Jun 24, 2022 6:20 PM EDT
6.86%
Market Cap 55.98M
Revenue (ttm) 2.45M
Net Income (ttm) -6.08M
Shares Out 7.65M
EPS (ttm) -0.82
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,583,418
Open 6.92
Previous Close 6.85
Day's Range 6.75 - 7.95
52-Week Range 2.61 - 86.99
Beta 0.06
Analysts Sell
Price Target 15.30 (+109.0%)
Earnings Date May 16, 2022

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... [Read more...]

Industry Oil, Gas & Consumable Fuels
IPO Date Dec 19, 2019
Employees 28
Stock Exchange NYSEAMERICAN
Ticker Symbol INDO
Full Company Profile

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.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for INDO stock is "Sell." The 12-month stock price forecast is 15.3, which is an increase of 109.02% from the latest price.

Price Target
$15.3
(109.02% upside)
Analyst Consensus: Sell
Stock Forecasts

News

What's Going On With Indonesia Energy Corporation Shares Rising Today?

Indonesia Energy Corp Ltd (NASDAQ: INDO) shares are trading higher by 12.42% to $8.69 on above-average volume. Shares of energy companies at large are trading higher amid strength in oil prices.

Indonesia Energy To Present at LD Micro Invitational XII Investor Conference on Wednesday, June 8th at 5:30pm PDT

President Frank Ingriselli Will Present Update on Operations and Recently Completed Back-to-Back New Discovery Well s

Why Are Oil Stocks INDO, IMPP, XOM, CVX Up Today?

Today, a range of oil stocks is seeing massive gains as investors price in what could be a longer-term bull market in energy. The post Why Are Oil Stocks INDO, IMPP, XOM, CVX Up Today?

Other symbols: CVXIMPPXOM

Why Indonesia Energy Shares Are Rising

Shares of small-cap penny stock Indonesia Energy Corp Ltd (NASDAQ: INDO) are trading higher by 31.96% at $18.21. Energy names have been volatile amid the Russia-Ukraine conflict, which has lifted oil an...

Oil Stocks Alert: Why Are INDO, IMPP, HUSA Stocks Heating Up Today?

Oil stocks are grabbing headlines today following news that the EU is considering a sweeping ban on Russian oil imports. The post Oil Stocks Alert: Why Are INDO, IMPP, HUSA Stocks Heating Up Today?

Other symbols: HUSAIMPP

Why Indonesia Energy Is a Bargain to Buy Before May 22

INDO stock has recently bottomed out and the company's recent drilling project estimated to end on May 22 can push the stock even higher. The post Why Indonesia Energy Is a Bargain to Buy Before May 22 ...

What's Up With Indonesia Energy Shares Today?

Indonesia Energy Corp Ltd (AMEX: INDO) shares are trading higher Thursday on continued volatility. The small-cap energy stock has surged amid strength in oil prices in recent months, but it has been tre...

Energy Penny Stocks Are Exploding Today & These Small Caps Are Leading The Charge

Oil and gas energy penny stocks to watch right now. The post Energy Penny Stocks Are Exploding Today & These Small Caps Are Leading The Charge appeared first on Penny Stocks to Buy, Picks, News and Info...

Indonesia Energy Is Set to Take Off With Low Production Costs

INDO stock plans to enhance production and cash flow by more than 200%, which brings down costs and should enhance returns. The post Indonesia Energy Is Set to Take Off With Low Production Costs appeare...

Oil Stocks News: What's Going on With IMPP, INDO, ENSV, CEI Stocks Today?

Oil stocks are rising across the board today as the price of crude climbs back above $100 a barrel on worsening news globally. The post Oil Stocks News: What's Going on With IMPP, INDO, ENSV, CEI Stocks...

Other symbols: IMPPCEIENSV

Indonesia Energy Commences Drilling of First of Two Back-to-Back Production Wells at Kruh Block

N ew p roduction a nticipated to b ring IEC to c ash f low p ositive o perations

5 Moonshots for the Next Commodities Supercycle

Commodities might have seemed like an odd investment choice at one point, but they're worth keeping a close eye on. Here are a few to watch.

Other symbols: ENSVFCXZEUSCCJMTX

Tap into High-Potential Oil Wealth Abroad with Indonesia Energy

Inflation is hitting the energy sector hard, and that's tough on consumers but it presents an opportunity to invest in INDO stock. The post Tap into High-Potential Oil Wealth Abroad with Indonesia Energ...

HFO Investments Just Sold INDO Stock. Here's Why.

Shares of Indonesia Energy are up over 650% this year. Now, a Jakarta-based fund is taking advantage and selling some of its position.

Indonesia Energy Is a High-Risk Gamble on Higher Oil Prices

Oil is booming, and traders are looking for the next hot play in the sector. INDO stock is more speculative than many other options, however.

Oil Stocks News: Why Are XOM, DVN, INDO, IMPP, CEI, CVX Stocks in the Spotlight Today?

Oil stocks are lower today on reports that the White House plans to release a record amount of oil onto the market. The post Oil Stocks News: Why Are XOM, DVN, INDO, IMPP, CEI, CVX Stocks in the Spotlig...

Other symbols: CVXDVNIMPPCEIOM

Best Penny Stocks To Buy? 5 That Turned $5K Into Over $20,000 In 2022

Explosive penny stocks that hit it big in 2022. The post Best Penny Stocks To Buy?

Other symbols: GTEHYMCIMTESBEV

5 Short Squeeze Candidates To Watch: Indonesia Energy Gives Way To A New Oil Stocks

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.

Other symbols: ENSVGFAIHUSANINE

3 Reasons to Avoid Indonesia Energy for Now

Indonesia Energy (INDO) has been less consistent than many of its peers. Elevated oil prices due to the Russian invasion of Ukraine won't last forever.

5 Short Squeeze Candidates To Watch: Indonesia Energy Remains On Top, New Small Cap Cybersecurity Stock Joins The List

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.

Other symbols: ASTSCYRNENSVIMPP

Oil Stocks: Why Are OXY, IMPP, INDO, CEI and HUSA Up Today?

Oil stocks are on the move Thursday as the price of crude oil recovers after entering a bear market recently and shares follow. The post Oil Stocks: Why Are OXY, IMPP, INDO, CEI and HUSA Up Today?

Other symbols: CEIHUSAIMPPOXY

Oil Stocks INDO, IMPP, ENSV Are Some of the Top Short Squeeze Opportunities Now

Short squeeze interest has surged as the market corrects. This week, the top three short opportunities are oil stocks INDO, ENSV and IMPP.

Other symbols: ENSVIMPP

5 Short Squeeze Candidates To Watch: Indonesia Energy Tops The List, Two Other Oil Related Stocks Join Leaderboard

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.

Other symbols: APPHASTSENSVIMPP

3 Oil Stocks Turning Up the Heat… And One That's Sizzling

As oil prices shot up, these oil companies saw their stock skyrocket. Here's what you need to do to take advantage of the growth now.

Other symbols: ENSVIMPP

Why Is Indonesia Energy (INDO) Stock Up Today?

Today, investors in Indonesia Energy and INDO stock have a company-specific catalyst to thank for a rather impressive rise. The post Why Is Indonesia Energy (INDO) Stock Up Today?