NYSE:INDO Indonesia Energy - INDO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Indonesia Energy Co. Limited Please log in to your account or sign up in order to add this asset to your watchlist. $4.72 +0.04 (+0.85%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$4.65▼$4.8550-Day Range$4.68▼$6.4552-Week Range$4.26▼$30.69Volume75,442 shsAverage Volume147,128 shsMarket Capitalization$43.90 millionP/E RatioN/ADividend YieldN/APrice Target$15.00 ProfileAnalyst RatingsChartCompetitorsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial Media Indonesia Energy MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside217.8% Upside$15.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.27Based on 10 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.82 out of 5 starsOils/Energy Sector199th out of 242 stocksCrude Petroleum & Natural Gas Industry68th out of 77 stocks 3.5 Analyst's Opinion Consensus RatingIndonesia Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Indonesia Energy has a forecasted upside of 217.8% from its current price of $4.72.Amount of Analyst CoverageIndonesia Energy has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for INDO. Previous Next 0.0 Dividend Strength Dividend YieldIndonesia Energy does not currently pay a dividend.Dividend GrowthIndonesia Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INDO. Previous Next 2.4 News and Social Media Coverage News SentimentIndonesia Energy has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Indonesia Energy this week, compared to 10 articles on an average week.Search Interest8 people have searched for INDO on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat Follows1 people have added Indonesia Energy to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Indonesia Energy insiders have not sold or bought any company stock.Percentage Held by Insiders71.56% of the stock of Indonesia Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 1.60% of the stock of Indonesia Energy is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Book Value per Share RatioIndonesia Energy has a P/B Ratio of 4.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Indonesia Energy (NYSE:INDO) StockIndonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited.Read More Receive INDO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Indonesia Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address INDO Stock News HeadlinesMarch 27, 2023 | ft.comHarita Nickel raises $660mn in Indonesia’s biggest IPO this yearMarch 27, 2023 | finance.yahoo.comIndonesia Energy Announces Updates on Discovery Wells Drilled in 2022 and Development Plans for 2023March 28, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 27, 2023 | markets.businessinsider.comIndonesia Stock Market Draws Positive Lead For Monday's TradeMarch 26, 2023 | msn.comWill Indonesia’s new subsidy incentives rev up adoption of electric vehicles, attract investment?March 24, 2023 | nasdaq.comAir Products (APD) Confirms Indonesia Coal Gasification ExitMarch 24, 2023 | msn.comTesla Supplier LG Energy To Dole Out $5.5B On US EV Battery PlantsMarch 24, 2023 | msn.comIndonesia fuel depot fire death toll rises to 33March 28, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 22, 2023 | msn.comMuslims in Indonesia celebrate Ramadan amid soaring pricesMarch 22, 2023 | wsj.comIndonesia Energy Corp. Ltd.March 21, 2023 | msn.comFrance requisitions workers for refineries after two weeks of energy strikesMarch 17, 2023 | reuters.comIndonesia's Trimegah Bangun Persada plans expansion in nickel processing after IPOMarch 16, 2023 | markets.businessinsider.comIndonesia Stock Market Poised To End Losing StreakMarch 16, 2023 | msn.comSingapore to work with Indonesia, ASEAN, UN to push Myanmar peace plan - PMMarch 16, 2023 | businessinsider.comHow Indonesia is using diplomacy to call for the end of Russia's war in UkraineMarch 16, 2023 | sg.finance.yahoo.comUPDATE 1-Singapore, Indonesia to build renewable energy industry in BatamMarch 16, 2023 | businessinsider.comGrowth is slowing in Indonesia and events thousands of miles away are playing a partMarch 16, 2023 | msn.comSingapore pledges support for Indonesia’s new US$34 billion capital NusantaraMarch 15, 2023 | reuters.comIndonesia nickel miner plans up to $647 mln IPO - term sheetMarch 14, 2023 | markets.businessinsider.comBargain Hunting Expected For Indonesia Stock MarketMarch 14, 2023 | msn.comBank Indonesia to hold rates steady at 5.75% through this year - Reuters PollMarch 13, 2023 | msn.comBank Indonesia to hold rates steady at 5.75% through this yearMarch 11, 2023 | msn.comIndonesia's Mount Merapi volcano erupts, spews ash cloudMarch 10, 2023 | reuters.comExplainer: Indonesia's Pertamina faces pressure to move oil terminal after deadly fireMarch 9, 2023 | markets.businessinsider.comIndonesia Stock Market May Run Out Of Steam On FridayMarch 8, 2023 | msn.comAs Indonesia’s new capital takes shape, risks to wider Borneo come into focusSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive INDO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Indonesia Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address INDO Company Calendar Today3/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:INDO CUSIPN/A CIK1757840 Webwww.indo-energy.com Phone62-21-576-8888FaxN/AEmployees28Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.00 High Stock Price Forecast$15.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+218.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio2.71 Quick RatioN/A Sales & Book Value Annual Sales$2.45 million Price / Sales17.88 Cash FlowN/A Price / Cash FlowN/A Book Value$1.05 per share Price / Book4.49Miscellaneous Outstanding Shares9,300,000Free Float2,645,000Market Cap$43.80 million OptionableNot Optionable Beta0.76 Key ExecutivesDr. Wirawan Jusuf (Age 37)Co-Founder, Chairman & CEO Comp: $297kMr. Frank C. Ingriselli (Age 69)Pres Comp: $150kMr. James Jerry Huang C.F.A. (Age 35)Co-Founder, Chief Investment Officer & Director Comp: $240kMr. Gregory L. Overholtzer (Age 66)Chief Financial Officer Comp: $80kDr. Chia Hsin Wu (Age 70)Chief Operating Officer Comp: $204kMr. Mirza F. Said (Age 57)Chief Bus. Devel. Officer & Director Comp: $204kMore ExecutivesKey CompetitorsU.S. EnergyNASDAQ:USEGEvolve Transition InfrastructureNYSE:SNMPAlpine Summit Energy PartnersNASDAQ:ALPSMexco EnergyNYSE:MXCHouston American EnergyNYSE:HUSAView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 21,588 shares on 2/15/2023Ownership: 0.232%Susquehanna Fundamental Investments LLCSold 24,835 shares on 2/15/2023Ownership: 0.147%Susquehanna International Group LLPBought 23,859 shares on 2/14/2023Ownership: 0.257%Verition Fund Management LLCBought 3,217 shares on 2/14/2023Ownership: 0.192%GSA Capital Partners LLPBought 10,345 shares on 2/13/2023Ownership: 0.111%View All Institutional Transactions INDO Stock - Frequently Asked Questions Should I buy or sell Indonesia Energy stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Indonesia Energy in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" INDO shares. View INDO analyst ratings or view top-rated stocks. What is Indonesia Energy's stock price forecast for 2023? 1 equities research analysts have issued 1-year price objectives for Indonesia Energy's shares. Their INDO share price forecasts range from $15.00 to $15.00. On average, they expect the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 218.5% from the stock's current price. View analysts price targets for INDO or view top-rated stocks among Wall Street analysts. How have INDO shares performed in 2023? Indonesia Energy's stock was trading at $4.66 at the beginning of 2023. Since then, INDO shares have increased by 1.1% and is now trading at $4.71. View the best growth stocks for 2023 here. When did Indonesia Energy IPO? (INDO) raised $15 million in an initial public offering (IPO) on the week of December 16th 2019. The company issued 1,500,000 shares at a price of $9.00-$11.00 per share. Aegis Capital Corp. acted as the underwriter for the IPO. What is Indonesia Energy's stock symbol? Indonesia Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "INDO." Who are Indonesia Energy's major shareholders? Indonesia Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Bank of America Corp DE (0.94%), Bank of Montreal Can (0.28%), Susquehanna International Group LLP (0.26%), Virtu Financial LLC (0.23%), Commonwealth Equity Services LLC (0.22%) and Verition Fund Management LLC (0.19%). How do I buy shares of Indonesia Energy? Shares of INDO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Indonesia Energy's stock price today? One share of INDO stock can currently be purchased for approximately $4.71. How much money does Indonesia Energy make? Indonesia Energy (NYSE:INDO) has a market capitalization of $43.80 million and generates $2.45 million in revenue each year. How can I contact Indonesia Energy? Indonesia Energy's mailing address is JL. RAYA PASAR MINGGU NO. 17A KELURAHAN PANCORAN KECAMATAN PANCORAN, JAKARTA SELATAN K8, 12780. The official website for the company is www.indo-energy.com. The company can be reached via phone at 62-21-576-8888. This page (NYSE:INDO) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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