International Petroleum Corporation

International Petroleum Corporation

IPCO.TO
International Petroleum CorporationCA flagToronto Stock Exchange
29.97
CAD
-0.72
- -
3.38BMarket Cap
International Petroleum Corporation
IPCO.TO
(Toronto Stock Exchange)

Recent

price

29.97

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.35
1.52
1.85
2.06
5.04
3.55
2.16
4.59
8.47
7.27
7.36
6.88
6.79
Revenue per Share
0.58
-1.6
-0.84
0.23
1.13
0.63
-0.5
0.94
2.3
1.31
0.82
0.26
0.45
Basic EPS, GAAP
-2.1
-1.25
0.66
1.22
-1.41
0.54
-0.01
1.53
3.03
0.25
-1.36
-1.36
-1.26
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
3.1
7.62
4.76
4.38
5.32
6.65
7.87
8.2
8.36
8.06
Book Value per Share
- -
5.22
3.57
3.11
7.61
4.83
4.53
5.46
6.55
8.06
7.46
8.16
7.95
Tangible Book Value per Share
113
113
113
99
91
164
156
155
147
132
124
112
119
Basic Weighted Avg Shares
153
172
210
203
461
582
338
713
1,242
960
913
772
809
Sales/Revenue/Turnover
14.06
-137.28
-52.95
17.14
27.48
22.39
-31.82
26.16
39.58
22.77
19.66
12.28
14.57
Operating Margin (%)
34
117
118
87
126
146
125
131
134
111
139
130
130
Depreciation Expense
66
-182
-96
23
104
104
-78
146
338
173
102
29
53
Net Income, GAAP
19.64
- -
- -
3.1
9.01
15.67
- -
12.93
27.39
24.25
24.59
37.52
30.07
Effective Tax Rate (%)
43.19
-105.51
-45.61
11.19
22.49
17.81
-23.02
20.49
27.19
18.01
11.19
3.75
6.59
Profit Margin (%)
- -
37
60
71
3
12
-5
56
489
488
191
-30
36
Working Capital
- -
- -
- -
59
284
247
302
110
305
443
444
484
445
LT Debt
- -
593
405
307
696
791
708
848
965
1,080
939
927
963
Total Equity
- -
- -
- -
8.74
17.08
10.85
- -
16.24
31.62
11.75
9.29
4.23
5.7
Return on Invested Capital (%)
- -
- -
- -
13.18
17.39
11.78
- -
16.12
31.72
13.89
8.76
3.82
5.4
Return on Capital (%)
- -
- -
- -
14.85
20.66
14.03
-10.64
19.32
37.49
17.18
9.94
2.96
5.31
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
4
4
5
LT Borrowings
442
442
442
LT Finance Leases
3
2
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
119
115
113
Market Capitalization
1,463
1,825
1,950

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
399
274
243
Cash, Cash Equivalents & STI
247
140
79
Accounts Receivable, Net
94
81
76
Inventories
20
25
27
Total Current Liabilities
208
190
206
Payables & Accruals
- -
- -
- -
ST Debt
4
4
5
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.52%
6.22%
-1.31%
Free Cash Flow
-2,655.73%
-5,197.88%
-9.93%
Net Income, GAAP
-30.78%
-63.54%
-71.69%
Sales/Revenue/Turnover
27.2%
28.39%
-15.45%
Total Cash Common Dividend
- -
- -
-60.98%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
232
254
202
225
913
2025
202
181
194
- -
772
2026
192
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.36
0.19
- -
0.82
2025
0.14
0.12
-0.04
- -
0.26
2026
0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
International Petroleum Corporation (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets in Canada, Malaysia and France. Founded in 2017 and headquartered in Vancouver, Canada, IPC engages in the exploration, development and production of crude oil, natural gas and natural gas liquids from its upstream assets, including thermal heavy oil projects such as Blackrod Phase 1, Onion Lake Thermal and Suffield Area in Canada; the Bertam field in Malaysia; and development opportunities in France. The company reports 2P reserves of 493 million barrels of oil equivalent and over 1.1 billion boe of contingent resources as of year-end 2024, with full-year 2025 average net production guidance of 43,000 to 45,000 boe per day and operating costs of USD 18 to 19 per boe. IPC operates through geographic segments in Canada, Malaysia, France and other areas, deriving key revenue from crude oil sales while serving worldwide markets as a member of the Lundin Group of Companies, with shares listed on the Toronto Stock Exchange and Nasdaq Stockholm under the ticker IPCO. Recent developments include the Blackrod Phase 1 steam-assisted gravity drainage project progressing ahead of schedule, with first steam expected by year-end 2025 and first oil by Q3 2026; refinancing of USD 450 million bonds maturing in October 2030; completion of the 2024/2025 normal course issuer bid reducing outstanding common shares by 6.2%; and TSX approval in December 2025 for renewal of the 2025/2026 NCIB to repurchase up to 6.5 million shares representing 5.8% of outstanding shares. IPC also approved a USD 320 million capital and decommissioning budget for 2025, with USD 230 million allocated to Blackrod, alongside planned infill drilling at Bertam and technical studies in France.

Company News

APIChatGPT
  • International Petroleum Corporation Announces TSX Approval for Renewal of Normal Course Issuer Bid