Indonesia Energy (INDO) Stock Price, News & Analysis

Company Overview

Indonesia Energy Ltd. is an independent oil and gas exploration and production company focused on onshore and offshore assets in Indonesia. The company seeks to acquire, develop and operate under-explored fields that offer significant potential for reserve growth and cash flow generation. Indonesia Energy’s business model emphasizes cost-efficient drilling programs, strategic partnerships with local stakeholders, and the implementation of enhanced recovery techniques to maximize production from mature reservoirs.

Key assets include interests in the Jambi Merang Block in South Sumatra, the Rantau North Rantau Block in Kalimantan, and the Offshore North West Java Block. In each of these concessions, Indonesia Energy holds both operated and non-operated stakes, providing the company with diversified exposure across multiple basins. Recent drilling campaigns have targeted both exploration upside and production optimization, with a focus on marginal fields that larger operators often overlook.

Indonesia Energy markets its crude oil and natural gas products both domestically and internationally through long-term offtake agreements. The company has established relationships with state-owned enterprises, private refineries, and global traders, facilitating steady cash flows and market access. Operational headquarters are based in Jakarta, with a secondary office in Houston, Texas, that supports capital markets activities and technical engineering functions.

Founded in the late 1990s, Indonesia Energy has grown from a small exploration outfit into a mid-tier producer under the leadership of an experienced management team. President Director and CEO Robert M. Kok brings more than two decades of upstream experience in Southeast Asia, while the board includes industry veterans with backgrounds in reservoir engineering, project finance, and environmental management. The company continues to pursue strategic bolt-on acquisitions and joint-venture opportunities to expand its footprint across Indonesia’s prolific hydrocarbon basins.

Key Stats

• Today's Range: $2.80 to $3.00
• 50-Day Range: $2.29 to $5.25
• 52-Week Range: $2.06 to $7.95
• Volume: 525,908 shs
• Average Volume: 2.50 million shs
• Market Capitalization: $41.36 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Indonesia Energy Stock Analysis - MarketRank™

Indonesia Energy scored higher than 17% of companies evaluated by MarketBeat, and ranked 235th out of 260 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Indonesia Energy.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Indonesia Energy has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

24.82% of the float of Indonesia Energy has been sold short.

Short Interest Ratio / Days to Cover

Indonesia Energy has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Indonesia Energy has recently decreased by 40.46%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Indonesia Energy does not currently pay a dividend.

Dividend Growth

Indonesia Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

24.82% of the float of Indonesia Energy has been sold short.

Short Interest Ratio / Days to Cover

Indonesia Energy has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Indonesia Energy has recently decreased by 40.46%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.05

News Sentiment

Indonesia Energy has a news sentiment score of 0.05. 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 0.70 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Indonesia Energy this week, compared to 9 articles on an average week.

Search Interest

Only 4 people have searched for INDO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

1 people have added Indonesia Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Indonesia Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

71.56% 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 Institutions

Only 0.51% of the stock of Indonesia Energy is held by institutions.

INDO Stock Analysis - Frequently Asked Questions

How have INDO shares performed this year?

Indonesia Energy's stock was trading at $2.78 at the beginning of the year. Since then, INDO shares have increased by 2.5% and is now trading at $2.85.

When did Indonesia Energy IPO?

Indonesia Energy (INDO) raised $15 million in an initial public offering 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. served as the underwriter for the IPO.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Indonesia Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Indonesia Energy investors own include Salesforce (CRM), Johnson & Johnson (JNJ), Bristol Myers Squibb (BMY), Chevron (CVX), Lowe's Companies (LOW), Bank of America (BAC) and Comcast (CMCSA).

Company Calendar

• Today: 7/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:INDO
• CIK: 1757840
• Web: www.indo-energy.com
• Phone: 62-21-576-8888
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.91
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $2.67 million
• Price / Sales: 15.50
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.45 per share
• Price / Book: 1.97

Miscellaneous

• Outstanding Shares: 14,511,000
• Free Float: 2,902,000
• Market Cap: $41.36 million
• Optionable: Not Optionable
• Beta: -0.67