Tag Archives: IPCO.TO

International Petroleum (IPCO.TO), mcap=C$1.5bn, price C$11.02 vs C$15.65

O&G company with cash-flowing energy assets in Canada, offshore Malaysia, and France.
Cheap on the valuation of its reserves and relative to peers.
Flush in cash today – set to generate 28% of its market cap in 2022 FCF.
Stands out from its peers in terms of capital allocation with management extremely capable of increasing company per-share value during the lean times.