Production at 50 kboe/d is 3-5% above ARCe & cons.
EBIT of USD 138m is ~15-20% above ARCe & cons.
FCF beat amplified by capex below our estimate
IPC trades at a run-rate FCF yield of 34% and P/E of 3.8x

01 Nov 2022
Arctic FLASH: IPC - Strong production and cash flow

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Arctic FLASH: IPC - Strong production and cash flow
International Petroleum Corp (IPCO:STO), 0 | International Petroleum Corp. (British Columbia) (IPCO:OME), 0
- Published:
01 Nov 2022 -
Author:
Daniel Stenslet | Øyvind Hagen -
Pages:
6 -
Production at 50 kboe/d is 3-5% above ARCe & cons.
EBIT of USD 138m is ~15-20% above ARCe & cons.
FCF beat amplified by capex below our estimate
IPC trades at a run-rate FCF yield of 34% and P/E of 3.8x