TSX:IPCOOil and Gas
Can Early Progress at Blackrod Offset International Petroleum’s (TSX:IPCO) Weaker Quarterly Profits?
International Petroleum Corporation recently reported third quarter 2025 results, highlighting average net production of approximately 45,900 barrels of oil equivalent per day and the Blackrod Phase 1 project running ahead of schedule, despite quarterly sales of US$171.19 million and net income of US$3.8 million coming in below last year's figures.
Progress at Blackrod and ongoing share buybacks helped offset weaker financial performance, while successful bond refinancing improved financial...