Executive Summary
International Petroleum Corporation explores for, develops, and produces oil and gas. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and fair value.
Share Price & News
How has International Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IPCO is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IPCO's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-9.2%
IPCO
-0.3%
CA Oil and Gas
0.9%
CA Market
1 Year Return
72.6%
IPCO
39.3%
CA Oil and Gas
39.2%
CA Market
Return vs Industry: IPCO exceeded the Canadian Oil and Gas industry which returned 39.3% over the past year.
Return vs Market: IPCO exceeded the Canadian Market which returned 39.2% over the past year.
Shareholder returns
| IPCO | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.2% | -0.3% | 0.9% |
| 30 Day | -10.9% | 1.2% | 3.0% |
| 90 Day | 10.0% | 14.6% | 7.5% |
| 1 Year | 72.6%72.6% | 47.0%39.3% | 43.9%39.2% |
| 3 Year | -30.4%-30.4% | -3.0%-14.9% | 32.5%19.8% |
| 5 Year | n/a | 0.6%-17.3% | 59.3%35.1% |
Long-Term Price Volatility Vs. Market
How volatile is International Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Are Insiders Selling International Petroleum Corporation (TSE:IPCO) Stock?1 month ago | Simply Wall St
International Petroleum (TSE:IPCO) Share Prices Have Dropped 28% In The Last Three Years2 months ago | Simply Wall St
International Petroleum (TSE:IPCO) Has Debt But No Earnings; Should You Worry?Valuation
Is International Petroleum undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IPCO (CA$3.85) is trading below our estimate of fair value (CA$9.45)
Significantly Below Fair Value: IPCO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IPCO is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: IPCO is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IPCO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IPCO is good value based on its PB Ratio (0.7x) compared to the CA Oil and Gas industry average (1.4x).
Future Growth
How is International Petroleum forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
67.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IPCO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: IPCO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IPCO's is expected to become profitable in the next 3 years.
Revenue vs Market: IPCO's revenue (16.4% per year) is forecast to grow faster than the Canadian market (7.2% per year).
High Growth Revenue: IPCO's revenue (16.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IPCO's Return on Equity is forecast to be low in 3 years time (10.2%).
Past Performance
How has International Petroleum performed over the past 5 years?
43.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IPCO is currently unprofitable.
Growing Profit Margin: IPCO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IPCO is unprofitable, but has reduced losses over the past 5 years at a rate of 43.6% per year.
Accelerating Growth: Unable to compare IPCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IPCO is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-31.2%).
Return on Equity
High ROE: IPCO has a negative Return on Equity (-11%), as it is currently unprofitable.
Financial Health
How is International Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: IPCO's short term assets ($92.5M) do not cover its short term liabilities ($97.1M).
Long Term Liabilities: IPCO's short term assets ($92.5M) do not cover its long term liabilities ($527.5M).
Debt to Equity History and Analysis
Debt Level: IPCO's debt to equity ratio (45.8%) is considered high.
Reducing Debt: Insufficient data to determine if IPCO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IPCO's debt is well covered by operating cash flow (23.8%).
Interest Coverage: Insufficient data to determine if IPCO's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is International Petroleum current dividend yield, its reliability and sustainability?
1.37%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IPCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IPCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IPCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IPCO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IPCO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Mike Nicholson (49 yo)
4yrs
Tenure
US$1,336,366
Compensation
Mr. Mike Nicholson serves as Chief Executive Officer and President of International Petroleum Corporation since April 2017 and has been its Director since February 20, 2017. Mr. Nicholson joined Lundin Pet...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD1.34M) is above average for companies of similar size in the Canadian market ($USD749.62K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IPCO's management team is considered experienced (4 years average tenure).
Board Members
Experienced Board: IPCO's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
International Petroleum Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: International Petroleum Corporation
- Ticker: IPCO
- Exchange: TSX
- Founded: 2017
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$598.166m
- Shares outstanding: 155.37m
- Website: https://www.international-petroleum.com
Number of Employees
Location
- International Petroleum Corporation
- 885 West Georgia Street
- Suite 2000
- Vancouver
- British Columbia
- V6C 3E8
- Canada
Listings
Biography
International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds interests in a portfolio of oil and gas assets located in Canada, Malaysia, and France. As at Decembe...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 00:25 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.