Inpex (OTCMKTS:IPXHF) Stock Price Up 14.3% – Here’s What Happened

Inpex Co. (OTCMKTS:IPXHFGet Free Report) rose 14.3% during trading on Tuesday . The stock traded as high as $24.35 and last traded at $24.35. 30 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 1,081 shares. The stock had previously closed at $21.30.

Inpex Stock Performance

The stock has a 50-day moving average price of $20.42 and a two-hundred day moving average price of $23.31.

Inpex Company Profile

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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.

Further Reading

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