International Petroleum Ord Shs T.IPCO

Alternate Symbol(s): IPCFF

Energy Oil & Gas E&P

International Petroleum Corp. is a Canada-based international oil and gas exploration and production company. It has a portfolio of assets located in Canada, Malaysia and France. Its oil and gas assets in Canada are located in Alberta and Saskatchewan. The Suffield area oil and gas assets and the Ferguson oil asset are high quality conventional assets located in southern Alberta. Its principal assets in northern Alberta and Saskatchewan are the Blackrod and Onion Lake projects, which are heavy crude oil assets applying conventional and steam assisted development methods. Its oil and gas assets in France are comprised of operated assets in the Paris Basin and non-operated assets in the Aquitaine Basin. It holds a 100% working interest and operatorship in the Bertam field producing light high-quality oil. The Bertam field is located 170 kilometers offshore to the east of Peninsular Malaysia in Block PM307. It consists of an unmanned wellhead platform and 14 active horizontal wells.

TSX:IPCO - Post by User

International Petroleum Ord Shs > Relatively new to this name, but wow the valuations

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Post by Rational43on Jan 18, 2022 4:17pm

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Post# 34330285

Relatively new to this name, but wow the valuations

Low $/Flowing BOE, low debt, actively buying back shares (increasing all metrics per share), and a Lundin company where the shareholder will come first?

Essentially unhedged into this price strength, when so many companies are going to give 25-40% of this year's cash flow to bankers -> Very nice.

Definitely added a healthy amount over the past few trading sessions, even while trimming others.

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Two micro-cap stocks with strong fundamentals