International Petroleum (IPCFF) Expected to Release Earnings on Tuesday

International Petroleum (OTCMKTS:IPCFF) will likely be posting its results before the market opens on Tuesday, November 3rd. Analysts expect International Petroleum to announce earnings of $0.1875 per share and revenue of $218.98 million for the quarter.

International Petroleum Stock Performance

IPCFF stock opened at $29.15 on Tuesday. The business has a 50 day moving average price of $25.72 and a two-hundred day moving average price of $24.15. International Petroleum has a twelve month low of $15.30 and a twelve month high of $32.46.

Analyst Upgrades and Downgrades

Several research firms have issued reports on IPCFF. TD Cowen began coverage on shares of International Petroleum in a research report on Friday, September 11th. They set a “hold” rating on the stock. Scotiabank reaffirmed an “outperform” rating on shares of International Petroleum in a report on Monday, October 19th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About International Petroleum

International Petroleum Corporation (IPC) is an international oil and gas exploration and production company focused on the acquisition, development and operation of upstream petroleum assets. Its activities include crude oil and natural gas production, field development, exploration and the management of interests in producing and non-producing properties.

IPC has held operations and interests in Canada, France and Malaysia. Its Canadian portfolio has included heavy-oil and conventional oil assets, while its French operations have focused on oil production in the Paris Basin and Aquitaine regions.