Should I buy or sell International Petroleum stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Petroleum in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IPCO shares. View IPCO analyst ratings or view top-rated stocks .

What is International Petroleum's stock price target for 2024?

4 Wall Street analysts have issued 12-month price objectives for International Petroleum's shares. Their IPCO share price targets range from C$16.50 to C$19.00. On average, they anticipate the company's share price to reach C$17.63 in the next year. This suggests a possible upside of 2.5% from the stock's current price. View analysts price targets for IPCO or view top-rated stocks among Wall Street analysts .

How have IPCO shares performed in 2024?

International Petroleum's stock was trading at C$15.77 at the beginning of the year. Since then, IPCO shares have increased by 9.0% and is now trading at C$17.19. View the best growth stocks for 2024 here .

When is International Petroleum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our IPCO earnings forecast .

What other stocks do shareholders of International Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other International Petroleum investors own include Bausch Health Companies (BHC) , Bonterra Energy (BNE) , Canacol Energy (CNE) , Crescent Point Energy (CPG) , Cenovus Energy (CVE) , Enerflex (EFX) , Exchange Income (EIF) , Enbridge (ENB) , Imperial Oil (IMO) and Peyto Exploration & Development (PEY) .

How do I buy shares of International Petroleum?

Shares of IPCO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:IPCO

International Petroleum (IPCO) Stock Price, News & Analysis

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C$17.19

-0.53 (-2.99%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$17.15
▼
C$17.52
50-Day Range: C$14.16
▼
C$18.03
52-Week Range: C$10.10
▼
C$18.17

Volume: 29,932 shs
Average Volume: 60,840 shs
Market Capitalization: C$2.16 billion

P/E Ratio: 9.88
Dividend Yield: N/A
Price Target: C$17.63

Stock Analysis Analyst Forecasts Chart Competitors Headlines

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About International Petroleum Stock (TSE:IPCO)

International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.

IPCO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IPCO Stock News Headlines

April 18, 2024 | msn.com

Canada shares higher at close of trade; S&P/TSX Composite up 0.24%

April 4, 2024 | bloomberg.com

Oil Producers Turn the Screws as Market Tightens

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 4, 2024 | reuters.com

OPEC+ gets oil price to its sweet spot, the trick is keeping it there: Russell

April 4, 2024 | msn.com

OPEC+ keeps output policy steady as oil nears $90 a barrel

April 3, 2024 | finance.yahoo.com

International Petroleum (TSE:IPCO) shareholders have earned a 59% CAGR over the last three years

March 30, 2024 | msn.com

NNPCL to replace 5,000km pipelines in three years – Kyari

March 14, 2024 | oilprice.com

IEA Sees OPEC+ Cuts Pushing Oil Markets Into a Supply Deficit

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 1, 2024 | finance.yahoo.com

Insider Stock Buying Reaches US$2.78m On International Petroleum

February 13, 2024 | msn.com

Canada shares lower at close of trade; S&P/TSX Composite down 2.29%

February 13, 2024 | finance.yahoo.com

Returns At International Petroleum (TSE:IPCO) Appear To Be Weighed Down

February 8, 2024 | msn.com

TSX Today: What to Watch for in Stocks on Wednesday, February 7

February 6, 2024 | marketwatch.com

International Petroleum Shares Drop After Weaker-Than-Expected 4Q Earnings

February 6, 2024 | finance.yahoo.com

International Petroleum Corporation Announces 2023 Year-End Financial and Operational Results and 2024 Budget, Reserves and Guidance

February 2, 2024 | msn.com

Oil prices drop 2% on unsubstantiated ceasefire reports, refinery shutdown

February 2, 2024 | nz.finance.yahoo.com

Stocks Rebound in Run-Up to Tech Earnings, Jobs: Markets Wrap

November 28, 2023 | finance.yahoo.com

International Petroleum Corporation Announces Appointment of New Director

November 5, 2023 | finance.yahoo.com

International Petroleum Corporation's (TSE:IPCO) largest shareholders are individual investors who were rewarded as market cap surged CA$76m last week

October 31, 2023 | finance.yahoo.com

International Petroleum Corporation Third Quarter 2023 Financial and Operational Results; Share Repurchase Program Update; and Chief Executive Officer Succession

October 10, 2023 | finance.yahoo.com

International Petroleum (TSE:IPCO) shareholders have earned a 75% CAGR over the last three years

September 15, 2023 | theglobeandmail.com

Closing Bell: International Petroleum Corp up on Thursday (IPCO)

August 1, 2023 | finance.yahoo.com

International Petroleum Corporation Announces Second Quarter 2023 Financial and Operational Results and Sustainability Report 2022

July 27, 2023 | finance.yahoo.com

International Petroleum Corporation to release Second Quarter 2023 Financial and Operating Results on August 1, 2023

July 4, 2023 | markets.businessinsider.com

Canadian Market Modestly Higher, Set For Another Positive Close

June 3, 2023 | ca.finance.yahoo.com

IPCO.TO - International Petroleum Corporation

May 29, 2023 | finance.yahoo.com

Private companies own 31% of International Petroleum Corporation (TSE:IPCO) shares but retail investors control 44% of the company

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Company Calendar

Today: 4/19/2024
Next Earnings (Estimated): 4/30/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:IPCO
CUSIP: N/A
CIK: N/A
Web: www.international-petroleum.com
Phone: 604-689-7842
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$17.63
High Stock Price Target: C$19.00
Low Stock Price Target: C$16.50
Potential Upside/Downside: +2.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.74
Trailing P/E Ratio: 9.88
Forward P/E Ratio: 100.12
P/E Growth: N/A
Net Income: C$172.95 million
Net Margins: 20.25%
Pretax Margin: N/A
Return on Equity: 16.91%
Return on Assets: 7.30%

Debt

Debt-to-Equity Ratio: 41.38
Current Ratio: 3.40
Quick Ratio: 3.93

Sales & Book Value

Annual Sales: C$853.91 million
Price / Sales: 2.53
Cash Flow: C$3.46 per share
Price / Cash Flow: 4.96
Book Value: C$8.51 per share
Price / Book: 2.02

Miscellaneous

Outstanding Shares: 125,440,000
Free Float: N/A
Market Cap: C$2.16 billion
Optionable: Not Optionable
Beta: 2.53

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Key Executives

Mr. William A. W. Lundin (Age 31)
CEO, President & Director
Comp: $1.26M
Mr. Christophe Nerguararian (Age 49)
Chief Financial Officer
Comp: $1.5M
Ms. Rebecca Gordon (Age 48)
Senior Vice President of Corporate Planning & Investor Relations
Comp: $798.65k
Mr. Jeffrey Fountain (Age 55)
General Counsel & Corporate Secretary
Comp: $1.41M
Mr. Nicki Duncan (Age 39)
Chief Operating Officer
Mr. Christopher W. Hogue (Age 50)
Senior Vice President of Canada
Mr. Curtis White (Age 39)
Vice President of Commercial - Canada

Key Competitors

View All Competitors

IPCO Stock Analysis - Frequently Asked Questions

Should I buy or sell International Petroleum stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Petroleum in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IPCO shares.
View IPCO analyst ratings or view top-rated stocks.
What is International Petroleum's stock price target for 2024?: 4 Wall Street analysts have issued 12-month price objectives for International Petroleum's shares. Their IPCO share price targets range from C$16.50 to C$19.00. On average, they anticipate the company's share price to reach C$17.63 in the next year. This suggests a possible upside of 2.5% from the stock's current price.
View analysts price targets for IPCO or view top-rated stocks among Wall Street analysts.
How have IPCO shares performed in 2024?: International Petroleum's stock was trading at C$15.77 at the beginning of the year. Since then, IPCO shares have increased by 9.0% and is now trading at C$17.19.
View the best growth stocks for 2024 here.
When is International Petroleum's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our IPCO earnings forecast.

What other stocks do shareholders of International Petroleum own?: Based on aggregate information from My MarketBeat watchlists, some companies that other International Petroleum investors own include Bausch Health Companies (BHC), Bonterra Energy (BNE), Canacol Energy (CNE), Crescent Point Energy (CPG), Cenovus Energy (CVE), Enerflex (EFX), Exchange Income (EIF), Enbridge (ENB), Imperial Oil (IMO) and Peyto Exploration & Development (PEY).
How do I buy shares of International Petroleum?: Shares of IPCO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:IPCO) was last updated on 4/19/2024 by MarketBeat.com Staff

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International Petroleum (IPCO) Stock Price, News & Analysis

About International Petroleum Stock (TSE:IPCO)

IPCO Stock Price History

IPCO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

IPCO Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

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Terms & Info