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    IPCO   CA46016U1084

INTERNATIONAL PETROLEUM CORPORATION

(IPCO)
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International Petroleum Corporation : to release Second Quarter 2021 Financial Results on August 3, 2021

07/29/2021 | 02:30am EDT

TORONTO, July 29, 2021 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three and six months ended June 30, 2021, on Tuesday, August 3, 2021 at 07:30 CEST, followed by a webcast at 09:00 CEST.

Watch Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the second quarter 2021 financial and operating results and the latest developments from IPC.

Follow the presentation live on www.international-petroleum.com.

You can also dial-in to listen to the presentation on the following telephone numbers:

Canada/International:+1 631 913 1422
UK:+44 333 300 0804
Sweden:+46 85 664 2651

The PIN code for the dial-in presentation is: 25627338#

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, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm under the symbol "IPCO".

For further information, please contact:

Rebecca Gordon
VP Corporate Planning and Investor Relations
rebecca.gordon@international-petroleum.com
Tel: +41 22 595 10 50


Or
Robert Eriksson
Media Manager
reriksson@rive6.ch
Tel: +46 701 11 26 15

Forward-Looking Statements
This press release contains statements and information which constitute "forward-looking statements" or "forward-looking information" (within the meaning of applicable securities legislation). Such statements and information (together, "forward-looking statements") relate to future events, including the Corporation's future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", “forecast”, "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "budget" and similar expressions) are not statements of historical fact and may be "forward-looking statements". 


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Source: International Petroleum Corporation

2021 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2021 630 M - -
Net income 2021 114 M - -
Net Debt 2021 127 M - -
P/E ratio 2021 6,52x
Yield 2021 -
Capitalization 725 M 726 M -
EV / Sales 2021 1,35x
EV / Sales 2022 0,95x
Nbr of Employees 271
Free-Float 68,8%
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Technical analysis trends INTERNATIONAL PETROLEUM CORPORATION
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 4,66 $
Average target price 7,13 $
Spread / Average Target 52,9%
EPS Revisions
Managers and Directors
Michael Nicholson President, Chief Executive Officer & Director
Christophe Nerguararian Chief Financial Officer
Charles Ashley Heppenstall Chairman
William A. W. Lundin Chief Operating Officer
Donald Kinloch Charter Independent Director
Sector and Competitors