Stock Analyst Note
Inpex Earnings: Higher Brent Crude Prices Support Despite Decline in Middle East Volumes
Japanese oil and gas producer Inpex's underlying first-half 2026 NPAT increased 18% on last year to JPY 263 billion. Performance reflects a 17% rise in the Brent crude price and a 700-basis-point improvement in EBITDA margin to 83%, partially countered by 6% lower production volumes. Shares rose 3%.
