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International Petroleum Corporation (TSE:IPCO)
TSX:IPCO
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IPCO Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$13.23 - C$20.59
Previous CloseC$15.8
Volume83.10K
Average Volume (3M)70.86K
Market Cap
C$1.91B
Enterprise ValueC$1.80B
Total Cash (Recent Filing)$517.07M
Total Debt (Recent Filing)$437.94M
Price to Earnings (P/E)8.3
Beta0.77
Next Earnings
Nov 05, 2024EPS Estimate
C$0.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.91
Shares Outstanding126,992,066
10 Day Avg. Volume76,712
30 Day Avg. Volume70,856
Standard Deviation0.16
R-Squared0.46
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.86
Price to Sales (P/S)1.53
Price to Cash Flow (P/CF)3.10
P/FCF Ratio96.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.91
Enterprise Value/Gross Profit7.76
Enterprise Value/Ebitda4.72
Forecast
1Y Price Target
C$20.56Price Target Upside29.80% Upside
Rating ConsensusHold
Number of Analyst Covering4
International Petroleum Corporation News
PremiumCompany Announcements
International Petroleum Corp. Boosts Shareholder Value
PremiumCompany Announcements
International Petroleum Corp. to Announce Q3 Results
PremiumCompany Announcements
International Petroleum’s Strategic Share Buyback Initiative
PremiumCompany Announcements
International Petroleum Corporation’s Share Repurchase Update
PremiumCompany Announcements
International Petroleum Continues Share Buyback Program
PremiumCompany Announcements
International Petroleum Corp Announces Share Buyback
PremiumCompany Announcements
IPC Buys Back Shares, Signals Shareholder Value Increase
PremiumCompany Announcements
IPC Advances Share Buyback Initiative, Cancels Acquired SharesBulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationThe Blackrod SAGD project is expected to add significant bitumen production, which could essentially double the company's free cash flow generation.
Growth InitiativeThe Blackrod SAGD project is IPC's key growth initiative and is expected to add ~30 mb/d of bitumen when it is fully ramped up, which could essentially double the company's free cash flow generation.
Share RepurchaseDespite the higher capital spending associated with Blackrod, IPC continues to repurchase shares through its NCIB.
Bears Say
Market ComparisonIPC is trading at a 2025E EV/EBITDA multiple of ~7.0x, far above its peers, who are averaging ~4.0x.
Relative ValueMost of IPC's upside is already priced into the share price, with some peers offering better relative value in the nearer-term.
ValuationIPC's valuation has expanded materially, which could constrain near-term share performance.
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Options Prices
Currently, No data available
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Ownership Overview
1.19% Insiders
5.41% Mutual Funds
― Other Institutional Investors
91.07% Public Companies and
Individual Investors
IPCO FAQ
What was International Petroleum Corporation’s price range in the past 12 months?
International Petroleum Corporation lowest stock price was C$13.23 and its highest was C$20.59 in the past 12 months.
What is International Petroleum Corporation’s market cap?
Currently, no data Available
When is International Petroleum Corporation’s upcoming earnings report date?
International Petroleum Corporation’s upcoming earnings report date is Nov 05, 2024 which is in 4 days.
How were International Petroleum Corporation’s earnings last quarter?
International Petroleum Corporation released its earnings results on Jul 30, 2024. The company reported C$0.494 earnings per share for the quarter, beating the consensus estimate of C$0.438 by C$0.056.
Is International Petroleum Corporation overvalued?
According to Wall Street analysts International Petroleum Corporation’s price is currently Undervalued.
Does International Petroleum Corporation pay dividends?
International Petroleum Corporation does not currently pay dividends.
What is International Petroleum Corporation’s EPS estimate?
International Petroleum Corporation’s EPS estimate is C$0.32.
How many shares outstanding does International Petroleum Corporation have?
International Petroleum Corporation has 120,751,040 shares outstanding.
What happened to International Petroleum Corporation’s price movement after its last earnings report?
International Petroleum Corporation reported an EPS of C$0.494 in its last earnings report, beating expectations of C$0.438. Following the earnings report the stock price went up 0.724%.
Which hedge fund is a major shareholder of International Petroleum Corporation?
Currently, no hedge funds are holding shares in TSE:IPCO
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International Petroleum Corporation Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Negative
20 days / 200 days
Momentum
12.77%
12-Months-Change
Fundamentals
Return on Equity
18.07%
Trailing 12-Months
Asset Growth
19.54%
Trailing 12-Months
Company Description
International Petroleum Corporation
International Petroleum Corp is an international oil and gas exploration and production company. It is engaged in the exploration, development, and production of oil and gas. Geographically, the company holds a portfolio of oil and gas production assets and development projects in Malaysia, France, and the Netherlands. It is based in Canada and derives revenue from the sales of gas, crude oil, and natural gas liquids, of which key revenue is derived from the sales of crude oil.
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IPCO Stock 12 Month Forecast
Average Price Target
C$20.56
▲(29.80% Upside)
Technical Analysis
Best Analysts Covering IPCO
1 Year
1 Year Success Rate
4/6 ratings generated profit
1 Year Average Return
+22.50%
reiterated a buy rating 6 months ago
Copying Michael Dunn's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +22.50% per trade.
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