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International Petroleum Corporation ( (TSE:IPCO) ) just unveiled an announcement.
International Petroleum Corporation (IPC) has successfully completed a private placement of USD 450 million in senior unsecured bonds with a five-year tenor and a fixed coupon rate of 7.50 percent per annum. The proceeds will be used to fully repay IPC’s existing bond issue, with plans to list the new bonds on the Oslo Stock Exchange. This strategic move is part of IPC’s prudent business stewardship, allowing the company to refinance and extend the maturity of its bonds to October 2030. IPC’s operational and financial performance in 2025 has been strong, bolstered by the ongoing Blackrod Phase 1 development project.
The most recent analyst rating on (TSE:IPCO) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on International Petroleum Corporation stock, see the TSE:IPCO Stock Forecast page.
Spark’s Take on TSE:IPCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:IPCO is a Neutral.
The overall stock score of 67 reflects a mixed outlook for International Petroleum Corporation. The most significant factor is the company’s financial performance, which is challenged by declining revenue and profitability margins. Technical analysis shows positive momentum, but valuation concerns arise from a high P/E ratio and lack of dividend yield. The earnings call provided a balanced sentiment with strong operational performance but highlighted financial challenges.
To see Spark’s full report on TSE:IPCO stock, click here.
More about International Petroleum Corporation
International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high-quality portfolio of assets located in Canada, Malaysia, and France. It is a member of the Lundin Group of Companies and is incorporated in Canada. IPC’s shares are listed on the Toronto Stock Exchange and the Nasdaq Stockholm exchange under the symbol ‘IPCO’.
Average Trading Volume: 95,431
Technical Sentiment Signal: Buy
Current Market Cap: C$2.72B
See more insights into IPCO stock on TipRanks’ Stock Analysis page.