International Petroleum Corporation

TSX:IPCO Stock Report

Market Cap: CA$1.9b

International Petroleum Management

Management criteria checks 4/4

International Petroleum's CEO is Will Lundin, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.91M, comprised of 23.3% salary and 76.7% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth CA$10.41M. The average tenure of the management team and the board of directors is 5.9 years and 6.1 years respectively.

Key information

Will Lundin

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage23.3%
CEO tenureless than a year
CEO ownership0.5%
Management average tenure5.9yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

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?

Is International Petroleum Corporation (TSE:IPCO) Trading At A 50% Discount?

Feb 05
Is International Petroleum Corporation (TSE:IPCO) Trading At A 50% Discount?

Does International Petroleum (TSE:IPCO) Have A Healthy Balance Sheet?

Sep 15
Does International Petroleum (TSE:IPCO) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Will Lundin's remuneration changed compared to International Petroleum's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD1.91M) is about average for companies of similar size in the Canadian market ($USD2.02M).

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


CEO

Will Lundin (31 yo)

less than a year

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 & Directorless than a yearUS$1.91m0.55%
CA$ 10.4m
Christophe Nerguararian
Chief Financial Officer7.6yrsUS$2.30m0.35%
CA$ 6.7m
Rebecca Gordon
Senior Vice President of Corporate Planning & Investor Relations7.6yrsUS$1.08m0.012%
CA$ 221.7k
Jeffrey Fountain
General Counsel & Corporate Secretary7.6yrsUS$1.98m0.30%
CA$ 5.8m
Nicki Duncan
Chief Operating Officerless than a yearno datano data
Christopher Hogue
Senior Vice President of Canada5.9yrsno data0.89%
CA$ 17.0m
Curtis White
Vice President of Commercial - Canadaless than a yearno data0.0066%
CA$ 126.7k

5.9yrs

Average Tenure

48yo

Average Age

Experienced Management: IPCO's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William A. Lundin
CEO, President & Directorless than a yearUS$1.91m0.55%
CA$ 10.4m
Donald Charter
Independent Director7.7yrsUS$132.98k0.060%
CA$ 1.1m
Charles Ashley Heppenstall
Independent Chairman of the Board7.7yrsUS$184.50k0.94%
CA$ 17.9m
Chris Bruijnzeels
Independent Director7.7yrsUS$124.61k0.042%
CA$ 791.9k
Deborah Starkman
Independent Directorless than a yearUS$9.27kno data
Mike Nicholson
Director7.8yrsUS$5.05m0.42%
CA$ 7.9m
Lukas Lundin
Director4.5yrsUS$101.34kno data
Emily Moore
Independent Director3.5yrsUS$111.36kno data

6.1yrs

Average Tenure

53.5yo

Average Age

Experienced Board: IPCO's board of directors are considered experienced (6.1 years average tenure).