Professional
Added to YB: 2026-01-30
Pitch date: 2026-01-28
IPCO.TO [neutral]
International Petroleum Corporation
+7.93%
current return
Author Info
GreenWood Investors is a bottom-up, mostly long, concentrated and constructivist global investment firm focused on areas of pessimism, structural inefficiencies and low competition. Sign up for the newsletter.
Company Info
International Petroleum Corporation explores for, develops, and produces oil and gas. It holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France.
Market Cap
CAD 2.2B
Pitch Price
CAD 28.26
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.34
P/E
70.73
EV/Sales
3.79
Sector
Oil, Gas and Consumable Fuels
Category
value
GreenWood Investors Portfolio Holding: International Petroleum Corporation
IPCO.TO (holding update): Oil sands co with Blackrod project coming online 2026 ahead of schedule/under budget. Lundin family mgmt reduced share count 20% while increasing 2P reserves 82% during holding period. Self-funded major greenfield project + 10% annual buybacks. Strong capital allocation framework optimizes for long-term value creation.
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