Inpex Co. (OTCMKTS:IPXHF – Get Free Report) shares were up 26.6% during trading on Monday . The stock traded as high as $24.06 and last traded at $24.06. Approximately 400 shares changed hands during mid-day trading, an increase of 300% from the average daily volume of 100 shares. The stock had previously closed at $19.00.
Inpex Stock Performance
The firm has a fifty day moving average price of $20.29 and a 200 day moving average price of $18.42.
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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