Inpex stock falls 1.06 percent as oil slips below USD 90
Published on 09/30/2026 at 21:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Inpex stock (JP3294460005) was trading at EUR 20.59 at Lang & Schwarz on September 30, 2026 at 9:41 p.m. CEST, down 1.06 percent from the prior close of EUR 20.81. MINKABU linked the decline on September 30 to weaker oil prices after WTI November futures fell to USD 89.38 on September 29.
Oil prices pressure the shares
The oil move gives Inpex stock a clear short-term counterweight because the company earns most of its operating income from oil and natural gas activities. The Japanese market report described the stock as falling for a third consecutive session as crude slipped below USD 90.
Inpex also announced on September 25 that it would acquire an additional 0.735 percent interest in the Ichthys LNG project from JERA. The transaction would lift Inpex's interest from 67.82 percent to 68.555 percent, although INPEX said the effect on consolidated results would be minor.
Quarterly earnings beat estimates
For Q2 FY26 ended June 30, 2026, revenue was JPY 498.69 billion and net income was JPY 153.73 billion. Yahoo Finance Japan reported GAAP EPS of JPY 132.20 against a JPY 125.10 estimate, giving investors a concrete earnings comparison despite the weaker daily share price.
The latest quarter also followed a strong first-half reporting period, with the June 30 figures providing the most recent reported operating snapshot for the company. That combination makes oil prices and production economics more important than the Ichthys transaction itself for the next market reaction.
Target remains above the Tokyo price
Investing.com lists an average 12-month analyst target of JPY 4,266.40 for Inpex, compared with a Tokyo-listed price of JPY 3,667.00 on September 30, 2026 at 3:30 p.m. JST. The same page lists a JPY 2,585.00 to JPY 4,955.00 52-week range, placing the latest Tokyo price materially below the yearly high.
INPEX schedules its next financial-results announcement for November 12, 2026. The date gives the market a defined checkpoint for testing how oil prices, production volumes and the revised full-year outlook are developing.
After-hours quote stays under pressure
At Lang & Schwarz, Inpex stock stood at EUR 20.59 in after-hours trading on September 30, 2026 at 9:41 p.m. CEST, down 1.06 percent versus the EUR 20.81 prior close from September 29, 2026. The reference price is below the primary Tokyo quote because the two values use different currencies and venues.
Inpex stock facts on September 30, 2026
- Company: Inpex Corporation
- ISIN: JP3294460005
- Ticker: 1605
- Primary exchange: Tokyo Stock Exchange
- Price Lang & Schwarz (as of September 30, 2026, 9:41 p.m. CEST): EUR 20.59
- Change versus prior close: minus 1.06 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 20.81
- Primary exchange price: JPY 3,667.00, Tokyo Stock Exchange, September 30, 2026, 3:30 p.m. JST
- Market capitalization: JPY 4.3 trillion (as of September 30, 2026)
- 52-week range: JPY 2,585.00-4,955.00 (as of September 30, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 12, 2026
