Added to YB: 2025-03-19
Pitch date: 2025-01-30
IPCFF [bullish]
International Petroleum Corporation
+40.3%
current return
Author Info
No bio for this author
Company Info
International Petroleum Corporation explores for, develops, and produces oil and gas. It holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France.
Market Cap
CAD 1.4B
Pitch Price
CAD 13.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.76
P/E
14.92
EV/Sales
2.00
Sector
Oil, Gas and Consumable Fuels
Category
value
International Petroleum Corporation - $IPCFF
IPCFF: Oil & gas co w/ assets in Canada, France, Malaysia. 46-48k boepd, 468M boe 2P reserves. Blackrod project key driver: +30k boepd by 2028, 1.3B recoverable. $900M-$1.8B FCF 2024-28, $1.75B-$2.8B 2029-33. $3B NAV, $3.5B PV est. Lundin family owns 34%. Risk: oil prices. Catalyst: Blackrod first oil 2026.
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