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International Petroleum Corp

Company price
35.96 CAD -2.49 ( 6.48%)
Last update at 2026-11-04T20:30:00Z
VOLUME
315569
Market Cap
3991.81M
P/E
101.09

Momentum Score

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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.

Source: TradingView
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Day Price Range
35.67
Low
37.75
High
52 Week Price Range
17.87
Low
38.90
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

International Petroleum Corp. (TSX: IPCO) is a Toronto‑listed company; public information on its oil and gas assets and operations is limited. If the company holds material upstream assets, long‑term drivers such as commodity prices, reserve development and operational efficiency could support value and may attract investors seeking energy exposure.

Key risks are limited disclosure, commodity price volatility and execution or financing constraints tied to upstream operations.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
38.45
Dividend Yield
-
Revenue TTM
681.50M
Revenue Per Share
5.93
Gross Profit TTM
258.26M
Debt / Equity
0.53
ROE
3.10%
Net Debt
479.82M
ROCE
4.86%
Diluted EPS TTM
0.35

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 46.32M 135.54M 228.34M 465.14M 167.74M
Minority interest -0.00M -0.02M -0.03M -0.04M -0.03M
Net income 28.94M 102.20M 172.95M 337.68M 146.03M
Selling general administrative 16.78M 16.05M 18.45M 14.44M 12.36M
Selling and marketing expenses - - 2.35M - -
Gross profit 128.12M 210.17M 362.60M 497.58M 243.91M
Reconciled depreciation 129.75M 138.57M 111.30M 134.44M 130.84M
Ebit 88.31M 171.45M 253.98M 477.46M 225.69M
Ebitda 218.06M 310.01M 365.28M 611.90M 356.53M
Depreciation and amortization 129.75M 138.57M 111.30M 134.44M 130.84M
Operating income 94.84M 179.55M 341.79M 477.46M 225.69M
Other operating expenses 677.25M 733.63M 512.11M 748.10M 509.49M
Interest expense 41.98M 35.91M 25.64M 31.45M 24.36M
Tax provision 17.38M 33.33M 55.36M 127.41M 21.68M
Interest income 3.16M 17.72M 21.77M 6.97M 0.25M
Net interest income -54.89M -21.71M -7.42M -29.26M -28.22M
Income tax expense 17.38M 33.33M 55.36M 127.41M 21.68M
Total revenue 772.09M 913.18M 853.91M 1231.24M 741.03M
Total operating expenses 33.28M 30.62M 20.81M 14.44M 12.36M
Cost of revenue 643.97M 703.01M 491.30M 733.66M 497.12M
Total other income expense net -48.52M -44.00M -113.45M -12.32M -57.95M
Net income from continuing ops 28.94M 102.22M 172.98M 337.73M 146.06M
Net income applicable to common shares - - - 337.68M 146.03M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 1977.63M 1953.68M 2062.99M 1679.62M 1273.67M
Intangible assets 11.65M - - - -
Other current assets 1.83M - 54.45M 139.37M 112.16M
Total liab 1050.45M 1014.21M 982.73M 714.29M 426.13M
Total stockholder equity 927.03M 939.32M 1080.07M 965.14M 847.39M
Other current liab 117.78M - 155.73M 125.17M 83.45M
Common stock 40.91M - 230.00M 338.72M 528.76M
Capital stock 40.91M 141.17M 230.00M 338.72M 528.76M
Retained earnings 896.69M 875.95M 808.85M 635.89M 298.21M
Other liab - - - 259.72M 220.95M
Other assets - - - 43.09M 102.94M
Cash 7.04M 246.59M 517.07M 483.24M 18.81M
Total current liabilities 160.25M 208.08M 202.89M 149.91M 94.98M
Net debt 479.82M 198.39M -70.11M -174.40M 93.88M
Short term debt 2.87M - 4.40M 4.18M 2.49M
Short long term debt 1.94M 3.40M 3.59M 3.43M 1.81M
Short long term debt total 486.86M - 446.97M 308.84M 112.69M
Other stockholder equity - - - -9.47M 20.41M
Property plant equipment - - - 997.97M 1019.57M
Total current assets 130.30M 398.85M 690.60M 638.57M 151.16M
Net tangible assets - - - 965.14M 847.39M
Net receivables 101.45M 94.27M 97.26M 112.70M 931.00M
Long term debt 481.03M 441.58M 440.48M 304.15M 109.22M
Inventory 19.99M 20.07M 21.81M 15.96M 20.20M
Accounts payable 39.38M 42.63M 42.76M 20.55M 9.04M
Accumulated other comprehensive income -10.55M - 41.22M - -
Non currrent assets other 11.69M - 48.53M 41.12M 35.75M
Non current assets total 1847.33M 1554.83M 1372.39M 1041.05M 1122.51M
Capital lease obligations 3.89M 3.30M 2.90M 1.26M 1.66M
Long term debt total - - - - 110.20M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -434.86M -352.47M -157.81M -44.23M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities -346.21M -434.86M -352.47M -157.81M -44.23M
Net borrowings 35.53M -3.91M 134.44M 199.02M -215.82M
Total cash from financing activities -74.49M -107.10M 37.56M 11.11M -224.58M
Change to operating activities - - - -13.30M -36.12M
Net income 28.94M 102.22M 172.95M 337.73M 146.06M
Change in cash -239.56M -270.48M 29.83M 468.43M 12.31M
Begin period cash flow 246.59M 517.07M 487.24M 18.81M 6.50M
End period cash flow 7.04M 246.59M 517.07M 487.24M 18.81M
Total cash from operating activities 194.00M 266.09M 346.15M 601.82M 281.18M
Depreciation 129.75M 138.57M 111.30M 134.44M 130.84M
Other cashflows from investing activities - 0.22M 20.19M - -
Dividends paid 0.02M -0.04M -0.03M - -
Sale purchase of stock -100.26M -102.19M -95.36M -80.58M -7.29M
Other cashflows from financing activities -9.74M -0.96M -1.49M 192.67M -217.29M
Change to netincome - - - 128.99M 26.87M
Capital expenditures 346.21M 435.08M 313.24M 157.81M 44.23M
Change in working capital 10.45M -47.09M 36.06M -13.30M -36.12M
Stock based compensation 9.56M 8.54M 11.69M 8.00M 6.46M
Other non cash items 15.29M 63.85M 14.15M 134.97M 33.94M
Free cash flow -152.21M -168.99M 32.91M 444.00M 236.95M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
IPCO
International Petroleum Corp
-2.49
6.48%
35.96 101.09 1666.67 5.86 3.04 4.29 15.19
CNQ
Canadian Natural Resources Ltd
-5.28
7.04%
69.69 11.45 12.38 3.26 2.78 3.15 6.36
OXY
Occidental Petroleum CDR (CAD Hedged)
-1.25
4.99%
23.78 42.29 13.11 2.65 2.04 3.96 7.33
TOU
Tourmaline Oil Corp.
-3.17
4.78%
63.11 87.74 15.80 5.03 1.50 3.97 7.33
OVV
Ovintiv Inc
-4.95
5.32%
88.02 11.06 7.80 2.46 1.34 2.39 6.40

Profile*

International Petroleum Corp

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.

1055 Dunsmuir Street, Vancouver, BC, Canada, V7X 1L2

604 689 7842

Name Title Year Born
Mr. Mike Nicholson Pres, CEO & Director 1971
Mr. Christophe Nerguararian Chief Financial Officer 1975
Mr. William A. W. Lundin Chief Operating Officer 1993
Ms. Rebecca Gordon VP of Corp. Planning & Investor Relations 1976
Mr. Jeffrey Fountain Gen. Counsel & Corp. Sec. 1969
Mr. Christopher W. Hogue Sr. VP of Canada 1974
Mr. William A. W. Lundin CEO, President & Director 1993
Ms. Rebecca Gordon Senior Vice President of Corporate Planning & Investor Relations 1976
Mr. Jeffrey Fountain General Counsel & Corporate Secretary 1969
Mr. Nicki Duncan Chief Operating Officer 1985

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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