We are bullish on the prospects for crude oil and expect prices to remain structurally elevated. Inpex is set to benefit, resulting in high free cash flow, and higher shareholder returns
Boomeranged on Thu, 10 Aug 2023 08:29
[EARNINGS] INPEX CORP(1605) Q2 FY12/2023 Net Profit 102.78 billion yen,13.7%YoY above Consensus 72.8 billion yen. Company Full Year Net Profit Guidance 320 billion yen, raised from 300 billion. Consensus is 334 billion yen. Announced sharebuyback of 100 billion yen/6.14% of shares outstanding.
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