Indonesia Energy Corporation LimitedINDO

$2.62-0.08 (-2.96%)
AMEXEnergy24:00 UTC

Company snapshot

Market Cap
$39M
Micro-cap
-31%
2019 — today
10-Year Price
-72%
2019 — today
52-Week Range
$2.49$6.74
Current $2.62· 3%

Indonesia Energy Corporation Limited is an oil and gas exploration and production company operating within Indonesia. Its assets include a stake in the Kruh Block, a currently producing field situated northwest of Pendopo, Pali, South Sumatra. This block spans 258 square kilometers and contains 1.52 million barrels of proven net crude oil reserves. Additionally, the company holds an interest in the Citarum Block, a 3,924.67-square-kilometer exploration area located onshore in West Java. Established in 2018 with its headquarters in Jakarta, Indonesia, the company operates as a subsidiary of Maderic Holding Limited.

Valuation in context

P/E ratio
-2.7
N/A
Not meaningful — company is unprofitable
P/B ratio
2.0
Below average
Below the 10-year average
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