International Petroleum Corporation

TSX:IPCO Stock Report

Market Cap: CA$2.2b

International Petroleum Management

Management criteria checks 4/4

International Petroleum's CEO is Will Lundin, appointed in Jan 2024, has a tenure of 1.08 years. total yearly compensation is $1.91M, comprised of 23.3% salary and 76.7% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth CA$12.75M. The average tenure of the management team and the board of directors is 6.2 years and 6.3 years respectively.

Key information

Will Lundin

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage23.3%
CEO tenure1.1yrs
CEO ownership0.6%
Management average tenure6.2yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

International Petroleum Corporation's (TSE:IPCO) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jan 19
International Petroleum Corporation's (TSE:IPCO) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

We Think International Petroleum (TSE:IPCO) Is Taking Some Risk With Its Debt

Dec 13
We Think International Petroleum (TSE:IPCO) Is Taking Some Risk With Its Debt

International Petroleum Corporation (TSE:IPCO) Doing What It Can To Lift Shares

Nov 27
International Petroleum Corporation (TSE:IPCO) Doing What It Can To Lift Shares

International Petroleum's (TSE:IPCO) Anemic Earnings Might Be Worse Than You Think

Nov 12
International Petroleum's (TSE:IPCO) Anemic Earnings Might Be Worse Than You Think

Investors Will Want International Petroleum's (TSE:IPCO) Growth In ROCE To Persist

Nov 03
Investors Will Want International Petroleum's (TSE:IPCO) Growth In ROCE To Persist

Is International Petroleum (TSE:IPCO) A Risky Investment?

Sep 09
Is International Petroleum (TSE:IPCO) A Risky Investment?

International Petroleum Corporation's (TSE:IPCO) Share Price Is Matching Sentiment Around Its Earnings

Aug 24
International Petroleum Corporation's (TSE:IPCO) Share Price Is Matching Sentiment Around Its Earnings

Investors Met With Slowing Returns on Capital At International Petroleum (TSE:IPCO)

Jul 13
Investors Met With Slowing Returns on Capital At International Petroleum (TSE:IPCO)

These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well

May 24
These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well

International Petroleum Corporation Just Recorded A 24% EPS Beat: Here's What Analysts Are Forecasting Next

May 09
International Petroleum Corporation Just Recorded A 24% EPS Beat: Here's What Analysts Are Forecasting Next

There's No Escaping International Petroleum Corporation's (TSE:IPCO) Muted Earnings

Apr 30
There's No Escaping International Petroleum Corporation's (TSE:IPCO) Muted Earnings

Slowing Rates Of Return At International Petroleum (TSE:IPCO) Leave Little Room For Excitement

Mar 20
Slowing Rates Of Return At International Petroleum (TSE:IPCO) Leave Little Room For Excitement

International Petroleum's (TSE:IPCO) Problems Go Beyond Weak Profit

Feb 13
International Petroleum's (TSE:IPCO) Problems Go Beyond Weak Profit

Earnings Report: International Petroleum Corporation Missed Revenue Estimates By 8.0%

Feb 09
Earnings Report: International Petroleum Corporation Missed Revenue Estimates By 8.0%

These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well

Feb 03
These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well

Insufficient Growth At International Petroleum Corporation (TSE:IPCO) Hampers Share Price

Dec 20
Insufficient Growth At International Petroleum Corporation (TSE:IPCO) Hampers Share Price

These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well

Sep 02
These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well

These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Safely

May 17
These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Safely

Does International Petroleum (TSE:IPCO) Deserve A Spot On Your Watchlist?

Apr 28
Does International Petroleum (TSE:IPCO) Deserve A Spot On Your Watchlist?

Is International Petroleum Corporation (TSE:IPCO) Trading At A 33% Discount?

Jan 22
Is International Petroleum Corporation (TSE:IPCO) Trading At A 33% Discount?

International Petroleum (TSE:IPCO) Seems To Use Debt Rather Sparingly

Jan 04
International Petroleum (TSE:IPCO) Seems To Use Debt Rather Sparingly

With EPS Growth And More, International Petroleum (TSE:IPCO) Makes An Interesting Case

Dec 09
With EPS Growth And More, International Petroleum (TSE:IPCO) Makes An Interesting Case

We Think International Petroleum (TSE:IPCO) Can Stay On Top Of Its Debt

Sep 20
We Think International Petroleum (TSE:IPCO) Can Stay On Top Of Its Debt

With EPS Growth And More, International Petroleum (TSE:IPCO) Makes An Interesting Case

Aug 30
With EPS Growth And More, International Petroleum (TSE:IPCO) Makes An Interesting Case

Is There An Opportunity With International Petroleum Corporation's (TSE:IPCO) 47% Undervaluation?

May 26
Is There An Opportunity With International Petroleum Corporation's (TSE:IPCO) 47% Undervaluation?

Is International Petroleum (TSE:IPCO) A Risky Investment?

May 05
Is International Petroleum (TSE:IPCO) A Risky Investment?

CEO Compensation Analysis

How has Will Lundin's remuneration changed compared to International Petroleum's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$131m

Jun 30 2024n/an/a

US$180m

Mar 31 2024n/an/a

US$167m

Dec 31 2023US$2mUS$445k

US$173m

Sep 30 2023n/an/a

US$204m

Jun 30 2023n/an/a

US$223m

Mar 31 2023n/an/a

US$296m

Dec 31 2022US$2mUS$330k

US$338m

Sep 30 2022n/an/a

US$343m

Jun 30 2022n/an/a

US$283m

Mar 31 2022n/an/a

US$200m

Dec 31 2021US$1mUS$269k

US$146m

Compensation vs Market: Will's total compensation ($USD1.91M) is about average for companies of similar size in the Canadian market ($USD2.07M).

Compensation vs Earnings: Will's compensation has been consistent with company performance over the past year.


CEO

Will Lundin (31 yo)

1.1yrs

Tenure

US$1,910,826

Compensation

Mr. William A. W. Lundin, also known as Will, serves as Director of Orrön Energy AB (publ) since May 4, 2023. He served as Director at Filo Corp. since June 27, 2022 until June 21, 2024. He was Independent...


Leadership Team

NamePositionTenureCompensationOwnership
William A. Lundin
CEO, President & Director1.1yrsUS$1.91m0.57%
CA$ 12.8m
Christophe Nerguararian
Chief Financial Officer7.8yrsUS$2.30m0.36%
CA$ 8.0m
Rebecca Gordon
Senior Vice President of Corporate Planning & Investor Relations7.8yrsUS$1.08m0.012%
CA$ 265.0k
Jeffrey Fountain
General Counsel & Corporate Secretary7.8yrsUS$1.98m0.31%
CA$ 6.9m
Nicki Duncan
Chief Operating Officer1.1yrsno datano data
Christopher Hogue
Senior Vice President of Canada6.2yrsno data0.91%
CA$ 20.3m
Curtis White
Vice President of Commercial - Canada1yrno data0.0085%
CA$ 189.3k

6.2yrs

Average Tenure

48yo

Average Age

Experienced Management: IPCO's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William A. Lundin
CEO, President & Director1.1yrsUS$1.91m0.57%
CA$ 12.8m
Donald Charter
Independent Director7.9yrsUS$132.98k0.061%
CA$ 1.4m
Charles Ashley Heppenstall
Independent Chairman of the Board7.9yrsUS$184.50k0.96%
CA$ 21.4m
Chris Bruijnzeels
Independent Director7.9yrsUS$124.61k0.042%
CA$ 946.9k
Deborah Starkman
Independent Director1.3yrsUS$9.27kno data
Mike Nicholson
Director8yrsUS$5.05m0.42%
CA$ 9.5m
Lukas Lundin
Director4.8yrsUS$101.34kno data
Emily Moore
Independent Director3.8yrsUS$111.36kno data

6.3yrs

Average Tenure

53.5yo

Average Age

Experienced Board: IPCO's board of directors are considered experienced (6.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 01:54
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

International Petroleum Corporation is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John A. OlaisenABG Sundal Collier
Laique Ahmad Amir ArifATB Capital Markets
Patrick O'RourkeATB Capital Markets