International Petroleum Management
Management criteria checks 3/4
International Petroleum's CEO is Will Lundin, appointed in Jan 2024, has a tenure of 1.83 years. total yearly compensation is $2.66M, comprised of 22.8% salary and 77.2% bonuses, including company stock and options. directly owns 2.39% of the company’s shares, worth CA$69.03M. The average tenure of the management team and the board of directors is 7.8 years and 7.1 years respectively.
Key information
Will Lundin
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 22.81% |
| CEO tenure | 1.8yrs |
| CEO ownership | 2.4% |
| Management average tenure | 7.8yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
International Petroleum Corporation's (TSE:IPCO) P/E Is Still On The Mark Following 26% Share Price Bounce
Nov 21
International Petroleum Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 07Does International Petroleum (TSE:IPCO) Have A Healthy Balance Sheet?
Oct 22The Return Trends At International Petroleum (TSE:IPCO) Look Promising
Sep 04Results: International Petroleum Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 08International Petroleum Corporation's (TSE:IPCO) Popularity With Investors Is Clear
Jul 24Is International Petroleum (TSE:IPCO) A Risky Investment?
Jun 27Returns At International Petroleum (TSE:IPCO) Are On The Way Up
May 27International Petroleum Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 08Take Care Before Diving Into The Deep End On International Petroleum Corporation (TSE:IPCO)
Apr 20Does International Petroleum (TSE:IPCO) Have A Healthy Balance Sheet?
Mar 19International Petroleum's (TSE:IPCO) Returns Have Hit A Wall
Feb 11
Proactive Sustainability Will Improve Market Reputation And Attract ESG Investors
Successful Blackrod Phase 1 completion could significantly boost revenue and enhance earnings.International Petroleum Corporation's (TSE:IPCO) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jan 19We Think International Petroleum (TSE:IPCO) Is Taking Some Risk With Its Debt
Dec 13International Petroleum Corporation (TSE:IPCO) Doing What It Can To Lift Shares
Nov 27International Petroleum's (TSE:IPCO) Anemic Earnings Might Be Worse Than You Think
Nov 12Investors Will Want International Petroleum's (TSE:IPCO) Growth In ROCE To Persist
Nov 03Is International Petroleum (TSE:IPCO) A Risky Investment?
Sep 09International Petroleum Corporation's (TSE:IPCO) Share Price Is Matching Sentiment Around Its Earnings
Aug 24Investors Met With Slowing Returns on Capital At International Petroleum (TSE:IPCO)
Jul 13These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
May 24International Petroleum Corporation Just Recorded A 24% EPS Beat: Here's What Analysts Are Forecasting Next
May 09There's No Escaping International Petroleum Corporation's (TSE:IPCO) Muted Earnings
Apr 30Slowing Rates Of Return At International Petroleum (TSE:IPCO) Leave Little Room For Excitement
Mar 20International Petroleum's (TSE:IPCO) Problems Go Beyond Weak Profit
Feb 13Earnings Report: International Petroleum Corporation Missed Revenue Estimates By 8.0%
Feb 09These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Feb 03Insufficient Growth At International Petroleum Corporation (TSE:IPCO) Hampers Share Price
Dec 20These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Sep 02These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Safely
May 17Does International Petroleum (TSE:IPCO) Deserve A Spot On Your Watchlist?
Apr 28Is International Petroleum Corporation (TSE:IPCO) Trading At A 33% Discount?
Jan 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$34m |
| Jun 30 2025 | n/a | n/a | US$53m |
| Mar 31 2025 | n/a | n/a | US$85m |
| Dec 31 2024 | US$3m | US$607k | US$102m |
| Sep 30 2024 | n/a | n/a | US$131m |
| Jun 30 2024 | n/a | n/a | US$180m |
| Mar 31 2024 | n/a | n/a | US$167m |
| Dec 31 2023 | US$2m | US$446k | US$173m |
| Sep 30 2023 | n/a | n/a | US$204m |
| Jun 30 2023 | n/a | n/a | US$223m |
| Mar 31 2023 | n/a | n/a | US$296m |
| Dec 31 2022 | US$2m | US$330k | US$338m |
| Sep 30 2022 | n/a | n/a | US$343m |
| Jun 30 2022 | n/a | n/a | US$283m |
| Mar 31 2022 | n/a | n/a | US$200m |
| Dec 31 2021 | US$1m | US$269k | US$146m |
Compensation vs Market: Will's total compensation ($USD2.66M) is about average for companies of similar size in the Canadian market ($USD2.15M).
Compensation vs Earnings: Will's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Will Lundin (32 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.8yrs | US$2.66m | 2.39% CA$ 69.0m | |
| Chief Financial Officer | 8.6yrs | US$2.39m | 0.45% CA$ 12.9m | |
| Chief Operating Officer | 1.8yrs | US$1.19m | 0.0018% CA$ 51.4k | |
| Senior Vice President of Corporate Planning & Investor Relations | 8.6yrs | US$1.20m | no data | |
| General Counsel & Corporate Secretary | 8.6yrs | US$1.91m | 0.40% CA$ 11.5m | |
| Senior Vice President of Canada | 6.9yrs | no data | 0.96% CA$ 27.7m |
Experienced Management: IPCO's management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.8yrs | US$2.66m | 2.39% CA$ 69.0m | |
| Independent Director | 8.7yrs | US$136.77k | 0.064% CA$ 1.9m | |
| Independent Chairman of the Board | 8.7yrs | US$191.77k | 1.01% CA$ 29.0m | |
| Independent Director | 8.7yrs | US$123.90k | 0.045% CA$ 1.3m | |
| Independent Director | 2yrs | US$111.10k | no data | |
| Director | 8.8yrs | US$106.46k | 0.45% CA$ 12.9m | |
| Director | 5.5yrs | US$103.54k | no data | |
| Independent Director | 4.5yrs | US$126.46k | no data |
Experienced Board: IPCO's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/23 09:37 |
| End of Day Share Price | 2025/11/21 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Laique Ahmad Amir Arif | ATB Capital Markets |
| James Hosie | Barclays |