Inpex Co. (OTCMKTS:IPXHF – Get Free Report)’s stock price rose 14.3% on Tuesday . The stock traded as high as $24.35 and last traded at $24.35. Approximately 30 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 1,081 shares. The stock had previously closed at $21.30.
Inpex Stock Up 14.3%
The business’s fifty day moving average is $20.42 and its 200-day moving average is $23.31.
Inpex Company Profile
Inpex Corporation (OTCMKTS:IPXHF) is a Tokyo‐based energy company specializing in upstream oil and natural gas exploration and production. As Japan’s largest E&P operator, the company holds equity interests in major hydrocarbon developments around the globe, ranging from conventional oil fields to world‐class liquefied natural gas (LNG) projects. Its core activities include geological surveying, drilling, reservoir management, and the marketing of crude oil, natural gas and LNG.
Founded in 1966 as the International Petroleum Exploration Corporation, Inpex merged with the government‐backed Japan National Oil Corporation in 2006 to consolidate Japan’s overseas energy assets.
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