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INPEX CORPORATION (IPXHF)
OTHER OTC:IPXHF
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.42Last Year’s EPS
$0.59Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: -12.64%
|Next Earnings Date:Feb 05, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted stable production and advances in renewable energy projects as significant positives. However, these were offset by asset impairments and challenges in meeting production targets, leading to a balanced sentiment.Company Guidance
In the fourth quarter 2023 earnings call for 1605.T, executives Takayuki Ueda and Daisuke Yamada discussed several key metrics and strategic initiatives for the company's future. The company aims to produce 9.3 million tonnes of LNG per year from its Ichthys asset, with net income contributions expected to be about JPY 220 billion. For the year 2024, they anticipate shipping around 11 LNG cargoes monthly without planned shutdowns. They are also projecting a net income of approximately JPY 330 billion and an operating cash flow of JPY 700 billion, maintaining a net debt/equity ratio of 30% and targeting a 7.7% ROE. The company plans to continue its focus on net-zero initiatives, including hydrogen and ammonia projects, and has committed to a total payout ratio of over 40% for shareholder returns. Additionally, the capital allocation strategy is expected to balance between fossil fuels and net-zero investments, with significant growth investments planned.Stable LNG Production at Ichthys
Achieved stable operation with 129 LNG shipments in 2023. Facility capacity enhancement allows for 9.3 million tonnes of LNG production per year, with plans to ship 11 LNG cargoes monthly in 2024.
Expansion in Net Zero and Renewable Energy Initiatives
Commenced construction of hydrogen/ammonia project in Niigata and started pre-FEED for a large-scale, low-carbon ammonia project in Texas. Acquired a 50% share in Enel Green Power Australia and partially in the Moray East Offshore wind farm in the UK.
Financial Performance and Shareholder Returns
Achieved JPY 371.5 billion in net income for 2023, marking the second highest earnings record. Planned increased DPS to JPY 76 and a total payout ratio of over 40% for 2024.
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IPXHF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IPXHF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $12.58 | $13.07 | +3.90% |
| Aug 08, 2024 | $13.20 | $15.03 | +13.86% |
| May 14, 2024 | $14.86 | $14.69 | -1.14% |
| Feb 13, 2024 | $12.85 | $12.85 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does INPEX CORPORATION (IPXHF) report earnings?
INPEX CORPORATION (IPXHF) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is INPEX CORPORATION (IPXHF) earnings time?
INPEX CORPORATION (IPXHF) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IPXHF EPS forecast?
IPXHF EPS forecast for the fiscal quarter 2024 (Q4) is $0.42.
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