InterOil's Earnings Are Pointless Until This Happens

As long has Total hasn't made a final investment decision on InterOil's natural gas assets in Papua New Guinea, then don't bother looking at its earnings reports.

By Tyler Crowe – May 15, 2014 at 3:40PM EST

InterOil (NYSE: IOC) just posted earnings this week, but if you are interested in this company, then you shouldn't waste your time reading over the report. Why? Because the thing that really matters is whether Total (TOT +0.00%) makes a final investment decision on the deal the two companies struck late last year. With the capital to make the necessary investments for needs such as an LNG terminal and the full development of the field, Total is still more or less in the driver's seat in this relationship.

That doesn't mean, though, that there aren't other options for InterOil. In the video below, find out why there are actually still plenty of chances for InterOil to partner with other major players such as ExxonMobil (XOM +3.36%) in Papua New Guinea to realize its natural gas potential.

Tyler Crowe is a contributing Stock Market Analyst for The Motley Fool. He has worn several hats over the past 14 years with the Fool from analyzing stocks, writing about them, talking about them, coaching others about stock writing, and...you get the idea. Tyler's true passion is turing over stones to find the oddball investments with incredible wealth building potential. If he isn't nose-deep in a proxy statement, Tyler is probably skiing somewhere. Tyler holds an M.B.A. from Collège des Ingénieurs (Paris), a, M.S. in Environmental Engineering, a B.S. in Civil Engineering, and a B.S. in Foreign Affairs from the University of New Hampshire.

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InterOil's Earnings Are Pointless Until This Happens

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