TSX:IPCOOil and Gas
The Bull Case For International Petroleum (TSX:IPCO) Could Change Following 2025 Earnings, Blackrod Progress And New 2026 Guidance - Learn Why
International Petroleum Corporation has released its 2025 full-year results, reporting sales of US$685.89 million and net income of US$28.94 million, alongside new 2026 production guidance of 44,000 to 47,000 boepd.
Despite weaker earnings, the company advanced its Blackrod Phase 1 project ahead of schedule, refinanced US$450 million of 7.5% senior unsecured notes to 2030, and renewed its share buyback program, signalling a focus on project delivery and capital structure.
We will now examine...