Production 3% above cons.Q3 EBIT USD 28m (+33% vs. cons), mainly driven by higher production and price realizationBlackrod first oil now anticpated in Q3'26 (vs. Q4'26 previously). 92% of pre-first oil capex spentWe expect IPC to slightly outperform on Q3 beat and strong project execution
                                                
                                            
                                        
                    04 Nov 2025 
Arctic Credit FLASH: IPC - Another beat with Blackrod ahead of plan
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Arctic Credit FLASH: IPC - Another beat with Blackrod ahead of plan
International Petroleum Corp (IPCO:STO) | 0 0 0.0%
- Published: 
04 Nov 2025  - 
                                            
                                            
                                            Author:
                                                
Daniel Stenslet | Øyvind Hagen  - 
                                            
                                            Pages:
                                                
12  - 
                                            
                                         
Production 3% above cons.Q3 EBIT USD 28m (+33% vs. cons), mainly driven by higher production and price realizationBlackrod first oil now anticpated in Q3'26 (vs. Q4'26 previously). 92% of pre-first oil capex spentWe expect IPC to slightly outperform on Q3 beat and strong project execution