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INDO
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INDOIndonesia Energy Corporation Limited
$2.47$38M
Overview & Tools
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INDO logo

Indonesia Energy Corporation Limited

INDO
AMEX · Oil & Gas Producers
$2.47
At close - Nov 6, 4:00 PM EST - USD
Market Cap$38M
P/E-7.3x
52W High$8.50
Volume69.93K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2024Q4

Persistent Operational Losses Undermine Asset Value Growth

Indonesia Energy Corporation faces a challenging fundamental outlook characterized by a structural inability to achieve consistent profitability, as evidenced by a 2024Q4 net loss of $4.2 million.

GrowthMixed
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

INDO price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

No Data

No recent earnings data

02

Valuation risk

-189% Peers

P/E is 189% below peer median

03

Market leadership

RS 26 · Lag

Laggard (Underperforming 74% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystNext earnings unconfirmed

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
INDO-21.34%
S&P 500 (^GSPC)+7.63%
1-Year Return
INDO-8.52%
S&P 500 (^GSPC)+9.69%
3-Year Return
INDO-28.41%
S&P 500 (^GSPC)+72.42%
5-Year Return
INDO-39.31%
S&P 500 (^GSPC)+60.56%

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$2M-24.6% YoY
Net income FY25
-$5M+19.6% YoY
Free cash flow FY25
-$5M-77.5% YoY
Operating margin FY25
-268.3%-45.9 pts YoY
ROIC (FY25)-27.4%
Avg ROIC 5Y-33.5%
ROE (FY25)-26.9%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Oct 26, 2026
Indonesia Energy Commences Drilling of WK-5 Well at Kruh Block

Significantly Deeper Well Will Test Additional Oil and Potential Natural Gas-Bearing Formations Identified Through 3-D Seismic Program JAKARTA, INDONESIA AND DANVILLE, CA, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that drilling operations commenced on October 21, 2026, at its WK-5 well, marking another important milestone in IEC''s ongoing development program at the Kruh Block in Sumatra, Indonesia. WK-5 is planned to reach a total depth of approximately 5,200 feet, significantly deeper than the recently completed K-29 well, which was drilled to approximately 3,400 feet.

GlobeNewsWire·Oct 6, 2026
Indonesia Energy Celebrates Oil Production from K-29 Well and Rig-Up at New WK-5 Well Location

Company and President Frank Ingriselli Also Highlighted in Recent CNBC Interview JAKARTA, INDONESIA AND DANVILLE, CA, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced, that its President Frank Ingriselli led a delegation in early October to IEC's Kruh Block in Sumatra, Indonesia to celebrate oil production from the recently drilled K-29 well. The delegation also visited the nearby WK-5 well location, where site setup and rig assembly (using the same rig that drilled the K-29 well) are actively underway.

GlobeNewsWire·Sep 25, 2026
Indonesia Energy Announces Availability of Financial Results

JAKARTA, INDONESIA AND DANVILLE, CA, Sept. 25, 2026 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced, in accordance with the rules of the NYSE American exchange, that it has filed its unaudited financial results for the six months ending on June 30, 2026.

GlobeNewsWire·Sep 10, 2026
Indonesia Energy to Present at H.C. Wainwright 28th Annual Global Investment Conference on Tuesday, September 15, 2026

President Frank Ingriselli Will Provide an Update on it Current Drilling and Production Operations JAKARTA, INDONESIA AND DANVILLE, CA, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced its President, Frank Ingriselli, will be presenting at the H.C.

Filtered for Indonesia Energy Corporation LimitedMore Headlines
04

Compare before deciding

Benchmark INDO against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Indonesia Energy Corporation Limited (INDO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
INDO logoINDOIndonesia Energy Corporation LimitedCurrent
$2.47$38.01M-7.26-24.55%-253.4%-26.95%—
CHNR logoCHNRChina Natural Resources, Inc.
$3.93$4.94M-26.73————
IMPP logoIMPPImperial Petroleum Inc.
$4.51$169.54M2.459.17%36.75%16.62%1.06%
GURE logoGUREGulf Resources, Inc.
$3.15$4.35M-0.14231.79%-134.42%-37.35%—
BATL logoBATLBattalion Oil Corporation
$0.75$16.51M-0.85-14.92%-24.51%-29.92%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.37$177.42M8.1755.25%58.87%6.24%23.45%

Compare INDO vs Peers

Indonesia Energy Corporation Limited (INDO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CHNR

Most directly comparable listed peer for INDO.

Scale Benchmark

vs SLB

Larger-name benchmark to compare INDO against a more recognizable public peer.

Peer Set

Compare Top 5

vs CHNR, IMPP, GURE, BATL

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INDO Frequently Asked Questions

Indonesia Energy Corporation Limited (INDO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Indonesia Energy Corporation Limited's revenue?

Indonesia Energy Corporation Limited (INDO) reported $2.0M in revenue in fiscal year 2025. That is 18% less than the $2.4M of fiscal year 2016.

How fast is Indonesia Energy Corporation Limited growing?

Indonesia Energy Corporation Limited (INDO) revenue fell by 24.6% in fiscal year 2025, compared with the prior fiscal year.

Is INDO profitable?

No. Indonesia Energy Corporation Limited (INDO) reported a net loss of $5.1M in fiscal year 2025.

Dividend & Returns
What is INDO's return on equity?

Indonesia Energy Corporation Limited (INDO) had a return on equity (ROE) of -26.9% in fiscal year 2025. A negative ROE means the company lost money over the period.

What is Indonesia Energy Corporation Limited's free cash flow?

Indonesia Energy Corporation Limited (INDO) had negative free cash flow of $5.5M in fiscal year 2025.

What if you invested $1,000 in INDO back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →