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International Petroleum Corporation
(TSX:IPCO)
International Petroleum Corporation (IPCO) vs. S&P 500 (SPY)
International Petroleum Corporation Business Overview & Revenue Model
International Petroleum Corporation Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 913.18M | 853.91M | 1.23B | 741.03M | 340.84M | Gross Profit |
| 210.17M | 362.60M | 497.58M | 243.91M | -82.00M | EBIT |
| 0.00 | 341.79M | 477.46M | 225.69M | -85.54M | EBITDA |
| 310.01M | 365.28M | 620.26M | 311.45M | 26.92M | Net Income Common Stockholders |
| 102.20M | 172.95M | 337.68M | 146.03M | -77.94M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 246.59M | 517.07M | 483.24M | 18.81M | 6.50M | Total Assets |
| 1.95B | 2.06B | 1.68B | 1.27B | 1.33B | Total Debt |
| 448.28M | 446.97M | 308.84M | 112.69M | 326.15M | Net Debt |
| 201.69M | -70.11M | -174.40M | 93.88M | 319.65M | Total Liabilities |
| 1.01B | 982.73M | 714.29M | 426.13M | 624.67M | Stockholders Equity |
| 939.32M | 1.08B | 965.14M | 847.39M | 708.32M |
| Cash Flow | Free Cash Flow | |||
| -168.99M | 32.91M | 444.00M | 236.95M | -938.00K | Operating Cash Flow |
| 266.09M | 346.15M | 601.82M | 281.18M | 77.15M | Investing Cash Flow |
| -434.86M | -352.47M | -157.81M | -44.23M | -105.79M | Financing Cash Flow |
| -107.10M | 37.56M | 11.11M | -224.58M | 19.91M |
International Petroleum Corporation Technical Analysis
International Petroleum Corporation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $5.83B | 12.04 | 11.22% | 0.92% | -8.92% | -5.46% | |
71 Outperform | $85.91B | 14.18 | 15.47% | 5.50% | -1.01% | 9.31% | |
70 Outperform | $63.76B | 10.88 | 13.82% | 4.50% | 3.25% | -25.69% | |
68 Neutral | $2.20B | 9.92 | 5.99% | 3.26% | 39.63% | -132.36% | |
67 Neutral | $32.88B | 10.91 | 10.88% | 3.89% | 3.97% | -22.22% | |
60 Neutral | C$2.24B | 17.20 | 10.02% | ― | -10.79% | -31.51% | |
57 Neutral | $8.34B | 5.35 | -5.98% | 7.29% | 0.20% | -69.45% |
International Petroleum Corporation Earnings Call Summary
International Petroleum Corporation Corporate Events
International Petroleum Corporation (IPC) announced the repurchase of 352,360 common shares under its normal course issuer bid (NCIB) during the period of March 3 to 7, 2025. This initiative is part of IPC’s strategy to manage its capital structure and enhance shareholder value. The repurchases were conducted on both Nasdaq Stockholm and the Toronto Stock Exchange, with all shares to be cancelled. Since the initiation of the NCIB in December 2024, IPC has repurchased a total of 3,708,675 shares, with a maximum of 7,465,356 shares authorized for repurchase over a twelve-month period.
International Petroleum Corporation (IPC) announced the results of its normal course issuer bid (NCIB), revealing the repurchase of 214,308 common shares between February 24 and 28, 2025. The repurchase was conducted on both the Nasdaq Stockholm and the Toronto Stock Exchange, with all shares set to be canceled. This move is part of IPC’s strategy to manage its share capital and potentially enhance shareholder value, reflecting the company’s active engagement in optimizing its financial structure.
International Petroleum Corporation (IPC) announced the repurchase of 218,956 common shares under its normal course issuer bid (NCIB) program between February 17 and 21, 2025. This initiative, which aligns with EU and Canadian regulations, involves share repurchases on both Nasdaq Stockholm and the TSX, with the aim of canceling the repurchased shares. As of February 21, 2025, IPC has repurchased a total of 3,142,007 shares since the NCIB’s commencement on December 5, 2024, with a maximum of 7,465,356 shares allowed for repurchase by December 4, 2025. This strategic move is expected to enhance shareholder value and reflects IPC’s commitment to optimizing its capital structure.
International Petroleum Corporation has successfully executed a share repurchase program, buying back 313,424 common shares between February 10 and 14, 2025, as part of its ongoing normal course issuer bid. The repurchased shares will be cancelled, reducing the total number of issued and outstanding shares, which reflects IPC’s strategy to optimize its capital structure and returns to shareholders. The program allows for a maximum repurchase of 7,465,356 shares over a twelve-month period, potentially impacting the company’s share value and market perception.
International Petroleum Corporation has reported strong operational results for 2024, with an average net production of 47,400 barrels of oil equivalent per day. The company has made significant investments in the Blackrod Phase 1 development project in Canada, with over two-thirds of the forecast capital expenditure completed by year-end. IPC’s 2025 budget includes a capital and decommissioning expenditure of USD 320 million and an average daily production guidance of between 43,000 and 45,000 boepd. The company achieved a reserves replacement ratio of over 250%, ending the year with the highest 2P reserves in its history. IPC continued its share buyback program, returning USD 102 million to shareholders in 2024, and plans to further reduce its common shares outstanding by 6.2% by December 2025. These strategic moves are expected to strengthen IPC’s positioning and enhance value creation for stakeholders.
International Petroleum Corp. (IPC) has announced the successful repurchase of 407,001 of its common shares from February 3 to 7, 2025, as part of its ongoing normal course issuer bid (NCIB) program. This initiative, compliant with EU regulations and aligned with Canadian and Swedish securities laws, aims to repurchase up to 7,465,356 shares by December 2025. The repurchase activity, conducted on both Nasdaq Stockholm and TSX, reflects IPC’s commitment to enhancing shareholder value and optimizing its capital structure.
International Petroleum Corporation announced its plans to release its financial and operating results for the year ending December 31, 2024, on February 11, 2025. The release will be followed by an audiocast and its annual Capital Markets Day webcast, which are key events for stakeholders to gain insights into the company’s performance and strategic direction.
International Petroleum Corporation announced the repurchase of 336,608 IPC common shares from January 27 to 31, 2025, as part of its normal course issuer bid program. This move aligns with IPC’s strategy to optimize its capital structure and potentially enhance shareholder value. The repurchased shares will be canceled, reducing the total number of issued and outstanding IPC shares. Since the commencement of the program in December 2024, IPC has repurchased over 2.2 million shares, with a maximum of 7.4 million shares allowed for repurchase until December 2025.
International Petroleum Corporation announced the repurchase of 294,208 of its common shares under its normal course issuer bid program between January 20 and 24, 2025. This move is part of an ongoing effort to repurchase a total of up to 7,465,356 shares by December 2025, with the aim to enhance shareholder value by reducing the number of shares outstanding. The repurchased shares will be canceled, reflecting IPC’s commitment to managing its equity base effectively.
International Petroleum Corporation has executed a share repurchase program, buying back 434,560 common shares between January 13 and 17, 2025, under its normal course issuer bid. This move, in compliance with European and Canadian regulations, aims to consolidate IPC’s market position by reducing the number of issued shares, potentially enhancing shareholder value. A total of 1,571,810 shares have been repurchased since the initiation of the program, with the company authorized to buy up to 7,465,356 shares until December 2025.
International Petroleum Corporation has announced the repurchase of 313,864 common shares between January 1 and 10, 2025, as part of its normal course issuer bid. This share buyback program, initiated in December 2024, is in line with market regulations and aims to enhance shareholder value by reducing the number of outstanding shares. The repurchased shares will be cancelled, reflecting IPC’s ongoing commitment to managing its capital structure efficiently.
International Petroleum Corporation has announced the repurchase of 163,562 common shares under its share buyback program from December 23 to 31, 2024. This move indicates a strategic effort by the company to reduce the number of outstanding shares, potentially boosting shareholder value. The total number of shares repurchased in December 2024 amounted to 823,386, with a maximum of 7,465,356 shares eligible for repurchase over the next year.
International Petroleum Corporation has successfully repurchased 285,660 common shares as part of its share repurchase program. The company executed these transactions on both Nasdaq Stockholm and the Toronto Stock Exchange, with plans to cancel all repurchased shares. This move is part of a broader strategy to repurchase up to 7.5 million shares over the next year.