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Blackrod Phase 1 Will Boost Low-Cost Canadian Crude Output

Published
09 Feb 25
Updated
23 Sep 25
AnalystConsensusTarget's Fair Value
CA$25.17
7.8% undervalued intrinsic discount
23 Sep
CA$23.22
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1Y
40.2%
7D
-4.3%

Author's Valuation

CA$25.177.8% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on23 Sep 25
Fair value Increased 0.90%

International Petroleum’s higher future P/E ratio signals increased growth expectations, but with the discount rate unchanged, the consensus analyst price target was only marginally raised from CA$24.95 to CA$25.17. What's in the News Reported Q2 2025 net average daily production of 43,600 boepd, down from 48,400 boepd year-over-year; six-month average production was 44,000 boepd, down from 48,600 boepd.

Shared on01 May 25
Fair value Increased 23%

Shared on23 Apr 25
Fair value Decreased 1.36%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Increased 1.48%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 4.74%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Decreased 2.02%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 6.00%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Increased 8.32%

Shared on12 Mar 25
Fair value Decreased 6.74%

AnalystConsensusTarget has decreased revenue growth from 13.0% to 9.5%, increased future PE multiple from 9.3x to 10.4x and increased discount rate from 6.1% to 7.3%.