Indika Energy reports IDR 15.57 billion spend for Indika Energy stock

Published on 10/21/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

October exploration spending reached IDR 15.57 billion across two units. Indika Energy stock costs EUR 0.11 on October 21, 2026.

Exploration and reporting dates

Indika Energy reported IDR 15.57 billion of exploration spending on October 13, 2026.
Semester I 2026 revenue reached USD 1.1469 billion, up 19.90 percent year over year.
Indika Energy stock traded at EUR 0.11 at 10:08 a.m. CEST at Lang & Schwarz on October 21, 2026.
The next earnings report is scheduled for October 30, 2026.

Indika Energy, ID1000110901, Illustration mit AI erstellt.

Indika Energy (ISIN ID1000110901) reported IDR 15.57 billion of exploration spending in October 2026 across Kideco Jaya Agung and Masmindo Dwi Area, according to Kontan on October 13, 2026. The report puts fresh attention on drilling activity while the group continues to diversify beyond thermal coal.

Two projects carry the spending

Kideco accounted for IDR 9.44 billion of the total in the Samurangau, Roto and Susubang-Uko areas. The work covered 65 drill holes with a combined depth of 10,717.40 meters, while Masmindo spent IDR 6.13 billion at Awak Mas in South Sulawesi.

Kontan reported that Masmindo collected 191 samples and drilled seven holes during the reporting period. Continued drilling gives the exploration program a measurable operational track rather than a purely strategic description.

What does Kideco add?

Kideco remains a major earnings contributor. In the first half of 2026, its revenue rose 10.20 percent year over year to USD 855.1 million, while its gross margin improved to 19.00 percent from 14.20 percent, Bisnis.com reported on October 13, 2026. Consolidated revenue reached USD 1.1469 billion, up 19.90 percent from USD 956.8 million a year earlier.

Three dated milestones

On June 30, 2026, Indika Energy listed its first-half financial statements and a six-month results presentation on its investor-relations page. On August 2, 2026, second-quarter revenue was reported at USD 653.7 million, up 40.00 percent year over year, while net income reached USD 3.17 million. On October 13, 2026, the company disclosed IDR 15.57 billion of exploration spending through Kideco and Masmindo.

Dates for the next report

The next substantiated date is October 30, 2026, when Indika Energy is scheduled to release its next earnings report, according to TradingView. That date will provide the next direct test of whether first-half revenue growth continued into the third quarter.

Stock trades at EUR 0.11

On the Indonesia Stock Exchange, the stock was last quoted at IDR 2,130 on October 21, 2026 at 3:04 p.m. WIB, with a market capitalization of IDR 11.1 trillion. The 52-week range was IDR 1,735 to IDR 4,370 on the same date.

Indika Energy stock was trading at EUR 0.11 at Lang & Schwarz on October 21, 2026 at 10:08 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Indika Energy stock.