Current Analysis: Inpex Corp


Image Source: PixabayInpex Corp (IPXHY) engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe.Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after.In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping.The company also conducts refining/treatment to create products from the oil and natural gas.Further, it is involved in hydrogen and ammonia, renewable energy, forest conservation, and carbon recycling related businesses.Inpex Corporation was founded in 1966 and is headquartered in Tokyo, Japan.Three key data points gaugeInpex Corp or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys best tell whether any company has made, is making, and will make money.IPXHY PriceOver the past year, Inpex’s share price rose 44.8% from $10.61 to $15.36 as of Tuesday’s market close.If IPXHY shares trade in the range of $10.00 to $20.00 this next year, its recent $15.36 share price might rise to $18.00 by next year. Of course, IPXHY’s price could drop about the same $2.64 estimated amount, or more.My annual upside estimate of $2.64 however, is about well within the range of the company’s average annual price gains over the past four years.IPXHY DividendInpex Corp has paid variable semi-annual dividends since July,2014. IPKHY’s most recent SA dividend of $0.26 was declared June 19 for shareholders of record June 29th and payout was made September 18th.  An Index dividend declaration was not made in December though one was expected.A forward looking $0.51 annual dividend yields 3.33% at Tuesday’s $15.36 share price.IPXHY ReturnsTo put it all together, add the IPXHY estimated annual dividend of $0.51 to the estimated price upside of $2.64 to find a $3.15 estimated gross gain for the coming year.At Monday’s $15.36 share price, a little over $1000 would buy 65 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.15 per share.Subtracting that likely $0.15 brokerage cost from the $3.15 gross gain reveals a net gain of $3.00 X 65 shares = $195.00 for a 19.5% estimated net gain on the year.You might choose to pounce on Inpex Corp. It is a 57 year-old dividend paying Japanese exploration and production oil and gas company.  Furthermore, the estimated $33.30 annual dividend income from $1k invested is over 2 times greater than IPXHY’s recent $15.36 single share price.The exact track of Inpex Corps ongoing future price and dividend will be determined by market action.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: Eni
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