Inpex Corp

1605: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Inpex Earnings: Decline as Expected, but Shares Have Rallied Sharply on Currency

Mark Taylor

Feb 13, 2026

Japanese oil and gas producer Inpex's underlying 2025 net profit after tax declined 14% to JPY 380 billion, excluding impairments. The 10% decline in the Brent crude price was only partially countered by modest production and EBITDA margin improvement. The final dividend increased 16% to JPY 50.

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Inpex Corp

Inpex Earnings: Decline as Expected, but Shares Have Rallied Sharply on Currency

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