Symbols / INDO
INDO Chart
About
Indonesia Energy Corporation Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in Indonesia. Its principal assets include the Kruh Block, a producing block covering an area of 258 square kilometers located in the Pali, South Sumatra; and the Citarum Block, an exploration block covering approximately an area of 3,924.67 square kilometers located in the onshore of West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia.
Fundamentals
Scroll to Statements| Sector | Energy | Industry | Oil & Gas E&P | Market Cap | 66.24M |
| Enterprise Value | 58.38M | Income | -7.07M | Sales | 2.29M |
| Book/sh | 1.46 | Cash/sh | 0.57 | Dividend Yield | — |
| Payout | 0.00% | Employees | 31 | IPO | — |
| P/E | — | Forward P/E | -6.41 | PEG | — |
| P/S | 28.88 | P/B | 3.02 | P/C | — |
| EV/EBITDA | -10.12 | EV/Sales | 25.45 | Quick Ratio | 6.15 |
| Current Ratio | 6.36 | Debt/Eq | 3.25 | LT Debt/Eq | — |
| EPS (ttm) | -0.48 | EPS next Y | -0.69 | EPS Growth | — |
| Revenue Growth | -25.90% | Earnings | 2026-04-29 | ROA | -18.92% |
| ROE | -40.38% | ROIC | — | Gross Margin | -20.07% |
| Oper. Margin | -226.40% | Profit Margin | 0.00% | Shs Outstand | 14.99M |
| Shs Float | 9.52M | Short Float | 7.84% | Short Ratio | 0.47 |
| Short Interest | — | 52W High | 7.95 | 52W Low | 2.10 |
| Beta | -0.99 | Avg Volume | 1.11M | Volume | 497.50K |
| Target Price | — | Recom | None | Prev Close | $4.48 |
| Price | $4.42 | Change | -1.34% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
—
Mean price target
2. Current target
$4.42
Latest analyst target
3. DCF / Fair value
$-1.91
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.42
Low
—
High
—
Mean
—
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2022-07-06 | init | EF Hutton | — → Buy | $11 |
| 2022-06-24 | up | Noble Capital Markets | Market Perform → Outperform | $15 |
| 2022-03-08 | down | Noble Capital Markets | Outperform → Underperform | — |
| 2021-03-25 | up | Noble Capital Markets | Market Perform → Outperform | $8 |
| 2020-02-12 | init | Aegis Capital | — → Buy | $10 |
- Indonesia's fix for market turmoil is turning off investors - Reuters ue, 24 Feb 2026 08
- Indonesia’s Stock Market Sell-Off, Explained - The Diplomat – Asia-Pacific Current Affairs Magazine ue, 03 Feb 2026 08
- Faced with global scrutiny, Indonesia Stock Exchange set for $11 billion share release - Reuters Fri, 20 Feb 2026 08
- S&P Pushes Ahead With Indonesia Stock Review as Rivals Hit Pause - Bloomberg.com Sun, 15 Feb 2026 08
- Indonesia Speeding Up Reforms To Restore Investor Confidence After Stock Market Slump - Forbes Fri, 30 Jan 2026 08
- New oil wells planned in Sumatra as Indonesia Energy readies drilling - Stock Titan Fri, 09 Jan 2026 08
- Indonesia’s richest man launches buybacks after worst stock rout in decades - Financial Times Wed, 04 Feb 2026 08
- Prabowo Fury on Market Rout Shows Growing Divisions in Indonesia - Bloomberg.com Sun, 15 Feb 2026 08
- Explainer: What is Indonesia doing in wake of $80 billion market plunge? - Reuters ue, 03 Feb 2026 08
- Watch Indonesia Stock Rout Deepens After MSCI Warning - Bloomberg.com hu, 29 Jan 2026 08
- Explainer: What is MSCI and what has it done to Indonesia's stock market? - Reuters hu, 29 Jan 2026 08
- ‘Crisis of Confidence’ Grips Indonesia Stocks After MSCI Warning - Bloomberg.com hu, 29 Jan 2026 08
- FTSE Russell postpones Indonesia index review due to market concerns - Reuters Mon, 09 Feb 2026 08
- Indonesia, faced with Prabowo policies, 'stock frying,' left behind in rush to emerging markets - Reuters Mon, 02 Feb 2026 08
- Top Indonesian financial regulators quit after $80 billion market meltdown - Reuters Fri, 30 Jan 2026 08
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -4.32M | -3.42M | -5.72M | -5.32M |
| TotalUnusualItems | -212.82K | 1.04M | 2.61M | 28.49K |
| TotalUnusualItemsExcludingGoodwill | -212.82K | 1.04M | 2.61M | 28.49K |
| NetIncomeFromContinuingOperationNetMinorityInterest | -6.34M | -2.64M | -3.12M | -6.08M |
| ReconciledDepreciation | 1.46M | 1.17M | 1.49M | 810.86K |
| ReconciledCostOfRevenue | 3.43M | 3.65M | 4.09M | 3.30M |
| EBITDA | -4.53M | -2.38M | -3.10M | -5.29M |
| EBIT | -5.99M | -3.56M | -4.60M | -6.10M |
| NormalizedIncome | -6.13M | -3.69M | -5.74M | -6.11M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -6.34M | -2.64M | -3.12M | -6.08M |
| TotalExpenses | 8.66M | 7.08M | 8.70M | 8.55M |
| TotalOperatingIncomeAsReported | -5.93M | -3.50M | -4.60M | -6.10M |
| DilutedAverageShares | 10.14M | 8.89M | 7.42M | |
| BasicAverageShares | 10.14M | 8.89M | 7.42M | |
| DilutedEPS | -0.26 | -0.35 | -0.82 | |
| BasicEPS | -0.26 | -0.35 | -0.82 | |
| DilutedNIAvailtoComStockholders | -6.34M | -2.64M | -3.12M | -6.08M |
| NetIncomeCommonStockholders | -6.34M | -2.64M | -3.12M | -6.08M |
| NetIncome | -6.34M | -2.64M | -3.12M | -6.08M |
| NetIncomeIncludingNoncontrollingInterests | -6.34M | -2.64M | -3.12M | -6.08M |
| NetIncomeContinuousOperations | -6.34M | -2.64M | -3.12M | -6.08M |
| TaxProvision | 0.00 | 0.00 | 0.00 | 0.00 |
| PretaxIncome | -6.34M | -2.64M | -3.12M | -6.08M |
| OtherIncomeExpense | -352.73K | 912.58K | 1.48M | 18.03K |
| OtherNonOperatingIncomeExpenses | -139.91K | -131.63K | -1.14M | -10.46K |
| GainOnSaleOfSecurity | -212.82K | 1.04M | 2.61M | 28.49K |
| OperatingIncome | -5.99M | -3.56M | -4.60M | -6.10M |
| OperatingExpense | 5.23M | 3.43M | 4.60M | 5.25M |
| OtherOperatingExpenses | 59.60K | |||
| ProvisionForDoubtfulAccounts | 58.07K | 59.60K | 0.00 | 0.00 |
| SellingGeneralAndAdministration | 5.17M | 3.37M | 4.60M | 5.25M |
| GeneralAndAdministrativeExpense | 5.17M | 3.37M | 4.60M | 5.25M |
| OtherGandA | 5.17M | 3.37M | 4.60M | 5.25M |
| GrossProfit | -762.64K | -127.63K | 4.43K | -850.79K |
| CostOfRevenue | 3.43M | 3.65M | 4.09M | 3.30M |
| TotalRevenue | 2.67M | 3.53M | 4.10M | 2.45M |
| OperatingRevenue | 2.67M | 3.53M | 4.10M | 2.45M |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 13.60M | 10.14M | 10.14M | 7.45M |
| ShareIssued | 13.60M | 10.14M | 10.14M | 7.45M |
| NetDebt | 1.39M | |||
| TotalDebt | 881.64K | 1.10M | 351.45K | 1.98M |
| TangibleBookValue | 18.19M | 14.69M | 17.32M | 7.82M |
| InvestedCapital | 18.19M | 14.69M | 17.32M | 9.80M |
| WorkingCapital | 4.15M | 4.47M | 6.65M | 699.04K |
| NetTangibleAssets | 18.19M | 14.69M | 17.32M | 7.82M |
| CapitalLeaseObligations | 881.64K | 1.10M | 351.45K | 0.00 |
| CommonStockEquity | 18.19M | 14.69M | 17.32M | 7.82M |
| TotalCapitalization | 18.19M | 14.69M | 17.32M | 8.82M |
| TotalEquityGrossMinorityInterest | 18.19M | 14.69M | 17.32M | 7.82M |
| StockholdersEquity | 18.19M | 14.69M | 17.32M | 7.82M |
| GainsLossesNotAffectingRetainedEarnings | 103.20K | 98.49K | 89.95K | 30.70K |
| OtherEquityAdjustments | 103.20K | 98.49K | 89.95K | 30.70K |
| RetainedEarnings | -45.93M | -39.58M | -36.94M | -33.82M |
| AdditionalPaidInCapital | 63.98M | 54.15M | 54.15M | 41.59M |
| CapitalStock | 36.27K | 27.05K | 27.05K | 19.86K |
| CommonStock | 36.27K | 27.05K | 27.05K | 19.86K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 3.72M | 3.03M | 3.25M | 4.27M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 1.82M | 1.42M | 2.03M | 1.44M |
| DerivativeProductLiabilities | 578.93K | 482.22K | 1.39M | 0.00 |
| EmployeeBenefits | 136.94K | 118.25K | 99.59K | 115.39K |
| NonCurrentPensionAndOtherPostretirementBenefitPlans | 136.94K | 118.25K | 99.59K | 115.39K |
| LongTermDebtAndCapitalLeaseObligation | 324.88K | 467.84K | 95.60K | 1.00M |
| LongTermCapitalLeaseObligation | 324.88K | 467.84K | 95.60K | 0.00 |
| LongTermDebt | 1.00M | |||
| LongTermProvisions | 776.67K | 352.64K | 448.72K | 321.25K |
| CurrentLiabilities | 1.91M | 1.61M | 1.22M | 2.83M |
| OtherCurrentLiabilities | 17.94K | 17.94K | 70.08K | 20.59K |
| CurrentDebtAndCapitalLeaseObligation | 556.76K | 629.33K | 255.84K | 980.45K |
| CurrentCapitalLeaseObligation | 556.76K | 629.33K | 255.84K | 0.00 |
| CurrentDebt | 980.45K | |||
| LineOfCredit | 0.00 | 980.45K | ||
| PayablesAndAccruedExpenses | 1.33M | 966.60K | 890.84K | 1.83M |
| CurrentAccruedExpenses | 351.60K | 152.08K | 23.95K | 143.80K |
| InterestPayable | 23.95K | 143.80K | ||
| Payables | 980.01K | 814.52K | 866.89K | 1.69M |
| DuetoRelatedPartiesCurrent | 2.69K | 0.00 | ||
| TotalTaxPayable | 77.69K | 60.70K | 147.80K | 84.68K |
| AccountsPayable | 899.64K | 753.82K | 719.10K | 1.60M |
| TotalAssets | 21.91M | 17.72M | 20.57M | 12.09M |
| TotalNonCurrentAssets | 15.86M | 11.64M | 12.71M | 8.56M |
| OtherNonCurrentAssets | 2.11M | 548.11K | 1.61M | 1.62M |
| NonCurrentPrepaidAssets | 133.68K | 134.84K | 268.67K | 250.00K |
| NonCurrentDeferredAssets | 862.95K | 938.39K | 1.01M | 1.09M |
| NonCurrentAccountsReceivable | 1.28M | 550.00K | 635.05K | |
| NetPPE | 11.48M | 9.47M | 9.17M | 5.59M |
| AccumulatedDepreciation | -24.37M | -22.75M | -23.00M | -21.86M |
| GrossPPE | 35.85M | 32.22M | 32.18M | 27.46M |
| Leases | 323.68K | 323.68K | 323.68K | 321.99K |
| ConstructionInProgress | 635.05K | 545.91K | ||
| OtherProperties | 2.38M | 2.60M | 1.85M | 1.50M |
| MachineryFurnitureEquipment | 102.67K | 102.67K | 102.67K | 102.67K |
| BuildingsAndImprovements | 4.31K | 4.31K | 4.31K | 4.31K |
| Properties | 33.03M | 29.19M | 29.89M | 24.98M |
| CurrentAssets | 6.06M | 6.08M | 7.87M | 3.53M |
| RestrictedCash | 0.00 | 1.57M | 0.00 | 1.00M |
| PrepaidAssets | 396.64K | 1.46M | 1.20M | 794.45K |
| Inventory | 190.58K | 148.38K | 121.74K | 136.62K |
| RawMaterials | 190.58K | 148.38K | 121.74K | 136.62K |
| Receivables | 894.34K | 890.03K | 654.99K | 1.01M |
| ReceivablesAdjustmentsAllowances | -103.43K | 0.00 | ||
| OtherReceivables | 653.43K | 307.70K | 186.84K | 8.93K |
| AccountsReceivable | 344.34K | 582.34K | 468.15K | 997.74K |
| CashCashEquivalentsAndShortTermInvestments | 4.57M | 2.01M | 5.90M | 595.01K |
| CashAndCashEquivalents | 4.57M | 2.01M | 5.90M | 595.01K |
| CashFinancial | 4.57M | 2.01M | 5.90M | 595.01K |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -3.09M | -2.98M | -3.21M | -3.86M |
| RepaymentOfDebt | 0.00 | 0.00 | -1.98M | 0.00 |
| IssuanceOfDebt | 0.00 | 0.00 | 8.59M | 0.00 |
| IssuanceOfCapitalStock | 8.41M | 0.00 | 4.37M | 0.00 |
| CapitalExpenditure | -1.68K | -311.56K | ||
| InterestPaidSupplementalData | 0.00 | 0.00 | 23.84K | 15.67K |
| IncomeTaxPaidSupplementalData | 0.00 | 0.00 | 0.00 | 0.00 |
| EndCashPosition | 6.49M | 4.00M | 7.40M | 3.10M |
| BeginningCashPosition | 4.00M | 7.40M | 3.10M | 9.40M |
| ChangesInCash | 2.50M | -3.40M | 4.30M | -6.31M |
| FinancingCashFlow | 8.41M | 0.00 | 12.93M | 0.00 |
| CashFlowFromContinuingFinancingActivities | 8.41M | 0.00 | 12.93M | 0.00 |
| ProceedsFromStockOptionExercised | 0.00 | 0.00 | 1.95M | 0.00 |
| NetCommonStockIssuance | 8.41M | 0.00 | 4.37M | 0.00 |
| CommonStockIssuance | 8.41M | 0.00 | 4.37M | 0.00 |
| NetIssuancePaymentsOfDebt | 0.00 | 0.00 | 6.61M | 0.00 |
| NetShortTermDebtIssuance | 0.00 | 0.00 | -980.45K | 0.00 |
| ShortTermDebtPayments | 0.00 | 0.00 | -980.45K | 0.00 |
| NetLongTermDebtIssuance | 0.00 | 0.00 | 7.59M | 0.00 |
| LongTermDebtPayments | 0.00 | 0.00 | -1.00M | 0.00 |
| LongTermDebtIssuance | 0.00 | 0.00 | 8.59M | 0.00 |
| InvestingCashFlow | -2.82M | -419.46K | -5.42M | -2.76M |
| CashFlowFromContinuingInvestingActivities | -2.82M | -419.46K | -5.42M | -2.76M |
| NetOtherInvestingChanges | -2.82M | -419.46K | -5.41M | -2.45M |
| NetPPEPurchaseAndSale | 0.00 | 0.00 | -1.68K | -311.56K |
| PurchaseOfPPE | 0.00 | 0.00 | -1.68K | -311.56K |
| OperatingCashFlow | -3.09M | -2.98M | -3.21M | -3.55M |
| CashFlowFromContinuingOperatingActivities | -3.09M | -2.98M | -3.21M | -3.55M |
| ChangeInWorkingCapital | -276.37K | -713.78K | -801.77K | 53.12K |
| ChangeInOtherCurrentLiabilities | -796.50K | -472.78K | -356.65K | 1.47K |
| ChangeInOtherCurrentAssets | -740.89K | 755.30K | -98.73K | 209.00K |
| ChangeInPayablesAndAccruedExpense | 343.10K | 143.96K | -311.89K | -57.50K |
| ChangeInAccruedExpense | 177.61K | 128.13K | -119.85K | -40.40K |
| ChangeInPayable | 165.49K | 15.83K | -192.03K | -17.09K |
| ChangeInAccountPayable | 145.81K | 102.92K | -255.15K | 0.00 |
| ChangeInTaxPayable | 16.99K | -87.10K | 63.12K | -17.09K |
| ChangeInIncomeTaxPayable | 16.99K | -87.10K | 63.12K | -17.09K |
| ChangeInPrepaidAssets | 679.92K | -1.03M | -564.10K | -234.06K |
| ChangeInReceivables | 238.00K | -114.18K | 529.59K | 134.21K |
| ChangesInAccountReceivables | 238.00K | -114.18K | 529.59K | 134.21K |
| OtherNonCashItems | 436.23K | 23.16K | 721.56K | 78.99K |
| StockBasedCompensation | 1.46M | 0.00 | 737.27K | 1.51M |
| ProvisionandWriteOffofAssets | 58.07K | 59.60K | 0.00 | |
| AssetImpairmentCharge | 59.60K | 0.00 | 0.00 | |
| DepreciationAmortizationDepletion | 1.46M | 1.17M | 1.49M | 810.86K |
| DepreciationAndAmortization | 1.46M | 1.17M | 1.49M | 810.86K |
| Depreciation | 1.46M | 1.17M | 1.49M | 810.86K |
| OperatingGainsLosses | 120.11K | -880.22K | -2.24M | 77.40K |
| PensionAndEmployeeBenefitExpense | 23.40K | 27.20K | 43.44K | 77.40K |
| GainLossOnInvestmentSecurities | 96.71K | -907.42K | -2.28M | |
| NetIncomeFromContinuingOperations | -6.34M | -2.64M | -3.12M | -6.08M |
SEC Filings
No SEC filings found for this symbol (may be non-US or ticker not in SEC index).
Public Trades for INDO
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|