TSX:IPCOOil and Gas
Is International Petroleum’s (TSX:IPCO) Share Buyback and Earnings Beat Shaping Its Growth Outlook?
International Petroleum Corporation recently completed a tranche of its share buyback program, repurchasing 1,821,982 shares for CA$36.62 million from April to June 2025, while also reporting second quarter results that exceeded analyst forecasts for both earnings and revenue, despite year-over-year declines in sales, income, and production volumes.
Analysts highlighted that, alongside ongoing buybacks and confirmed 2025 production guidance, the company’s robust financial results...