Indonesia Energy Corp Ltd: Recent Market Performance and Overview

Indonesia Energy Corporation, a company operating in the energy sector, has recently been in the spotlight due to its performance on the NYSE American. As of May 5, 2025, the company’s stock closed at $2.33. This price reflects a significant fluctuation over the past year, with a 52-week high of $5.88 recorded on October 6, 2024, and a 52-week low of $2.06 on July 24, 2024.

The company’s market capitalization stands at $33,940,000 USD, indicating its current valuation in the market. However, investors have noted the company’s price-to-earnings (P/E) ratio of -7.93, which suggests that the company is currently not generating profits. This negative P/E ratio is a critical factor for potential investors to consider, as it reflects the company’s financial performance challenges.

Indonesia Energy Corporation is primarily engaged in exploration and production services within the oil and gas industry. The company focuses its operations in Indonesia, serving a range of customers in the region. For those interested in learning more about the company’s activities and strategic direction, further information is available on their official website, www.indo-energy.com .

As the company continues to navigate the complexities of the energy market, stakeholders are closely monitoring its financial health and operational strategies. The recent stock performance and financial metrics provide a snapshot of the challenges and opportunities facing Indonesia Energy Corporation in the current economic landscape.