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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
International Petroleum Corporation Earnings Call Summary
International Petroleum Corporation Corporate Events
International Petroleum Corporation (IPC) announced the repurchase of 213,960 common shares between April 14 and 21, 2025, as part of its normal course issuer bid (NCIB). The shares were repurchased on both the Nasdaq Stockholm and the Toronto Stock Exchange, with all repurchased shares set to be cancelled. This move is part of IPC’s ongoing strategy to manage its share capital, potentially enhancing shareholder value by reducing the number of shares outstanding. The NCIB allows for the repurchase of up to 7,465,356 shares by December 4, 2025, indicating IPC’s commitment to returning value to its shareholders.
Spark’s Take on TSE:IPCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:IPCO is a Neutral.
International Petroleum Corporation’s overall score of 62 reflects a balanced but cautious outlook. The company has managed its capital structure well and continues to invest strategically. However, challenges in maintaining profitability, negative free cash flow, and exposure to market volatility weigh on its short-term attractiveness. Long-term growth initiatives and strong cost management add resilience against these challenges.
To see Spark’s full report on TSE:IPCO stock, click here.
International Petroleum Corporation (IPC) announced the repurchase of 277,060 common shares between April 7 and 11, 2025, as part of its ongoing normal course issuer bid (NCIB). This initiative is in line with IPC’s strategy to manage its capital structure and enhance shareholder value, with all repurchased shares set to be canceled. The NCIB allows for a maximum of 7,465,356 shares to be repurchased over a twelve-month period, demonstrating IPC’s commitment to returning value to its shareholders and maintaining a strong market position.
Spark’s Take on TSE:IPCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:IPCO is a Neutral.
International Petroleum Corporation’s stock score reflects a balanced outlook. The company’s strong capital structure and strategic investments are offset by declining profitability and negative free cash flow. While the company is making strides in long-term growth and maintaining operational resilience, current market conditions and commodity price risks pose challenges to immediate performance improvements.
To see Spark’s full report on TSE:IPCO stock, click here.
International Petroleum Corporation (IPC) announced the repurchase of 206,940 common shares from April 1 to 4, 2025, as part of its normal course issuer bid (NCIB) program. This initiative, conducted in compliance with EU and Canadian regulations, involved repurchasing shares on both Nasdaq Stockholm and the Toronto Stock Exchange, with the repurchased shares set to be canceled. Since the program’s inception in December 2024, IPC has repurchased over 4.7 million shares, aiming to buy back up to 7.46 million shares by December 2025. This move is part of IPC’s strategy to enhance shareholder value and optimize its capital structure.
Spark’s Take on TSE:IPCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:IPCO is a Neutral.
International Petroleum Corporation displays a balanced profile with strong technical indicators and strategic investments, yet faces challenges in profitability and cash flow. The company’s focus on long-term growth and its stable capital structure support a moderately positive outlook, although risks from negative free cash flow and market conditions persist.
To see Spark’s full report on TSE:IPCO stock, click here.
International Petroleum Corporation (IPC) announced the results of its normal course issuer bid, repurchasing a total of 199,956 common shares between March 24 and 31, 2025. The repurchases were conducted on both Nasdaq Stockholm and the Toronto Stock Exchange, with all shares set to be canceled. This initiative is part of IPC’s strategy to manage its share capital effectively, potentially enhancing shareholder value. As of March 31, 2025, IPC has repurchased a total of 4,494,369 shares since the start of the program in December 2024, with a maximum of 7,465,356 shares allowed for repurchase by December 2025.
International Petroleum Corp. has announced its Annual General Meeting will be held on May 7, 2025, in Calgary, Alberta. The meeting will cover the presentation of audited financial statements, the election of directors, and the appointment of auditors. Shareholders holding Euroclear Registered Common Shares will need to follow specific instructions to vote. The announcement outlines the procedural details for shareholders and emphasizes the absence of any additional business items or management presentations at the meeting.
International Petroleum Corporation (IPC) announced the results of its normal course issuer bid (NCIB), revealing the repurchase of 339,400 common shares between March 10 and 14, 2025. This initiative is part of IPC’s ongoing strategy to manage its capital structure, with shares repurchased on both the Nasdaq Stockholm and the Toronto Stock Exchange. The repurchased shares will be canceled, reducing the total number of issued and outstanding shares. This move is seen as a strategic effort to enhance shareholder value and optimize the company’s financial structure.
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.