International Petroleum Management
Management criteria checks 2/4
International Petroleum's CEO is Will Lundin, appointed in Jan 2024, has a tenure of 1.33 years. total yearly compensation is $2.66M, comprised of 22.8% salary and 77.2% bonuses, including company stock and options. directly owns 0.69% of the company’s shares, worth SEK104.61M. The average tenure of the management team and the board of directors is 7.3 years and 6.6 years respectively.
Key information
Will Lundin
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 22.81% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 7.3yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 above average for companies of similar size in the Swedish market ($USD1.14M).
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 (31 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 | 1.3yrs | US$2.66m | 0.69% SEK 104.6m | |
| Chief Financial Officer | 8.1yrs | US$2.39m | 0.44% SEK 66.9m | |
| Chief Operating Officer | 1.3yrs | US$1.19m | 0.0018% SEK 268.1k | |
| Senior Vice President of Corporate Planning & Investor Relations | 8.1yrs | US$1.20m | 0.012% SEK 1.9m | |
| General Counsel & Corporate Secretary | 8.1yrs | US$1.91m | 0.39% SEK 59.6m | |
| Senior Vice President of Canada | 6.4yrs | no data | 0.94% SEK 143.8m |
Experienced Management: IPCO's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | US$2.66m | 0.69% SEK 104.6m | |
| Independent Director | 8.2yrs | US$136.77k | 0.064% SEK 9.7m | |
| Independent Chairman of the Board | 8.2yrs | US$191.77k | 0.99% SEK 150.9m | |
| Independent Director | 8.2yrs | US$123.90k | 0.044% SEK 6.7m | |
| Independent Director | 1.5yrs | US$111.10k | no data | |
| Director | 8.3yrs | US$106.46k | 0.48% SEK 73.6m | |
| Director | 5yrs | US$103.54k | no data | |
| Independent Director | 4yrs | US$126.46k | no data |
Experienced Board: IPCO's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/25 07:10 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| 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 |
| |
| 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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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.
| Analyst | Institution |
|---|---|
| John A. Olaisen | ABG Sundal Collier |
| Laique Ahmad Amir Arif | ATB Capital Markets |
| Patrick O'Rourke | ATB Capital Markets |