International Petroleum (OTCMKTS:IPCFF – Get Free Report) is anticipated to release its resultson Tuesday, August 4th. Analysts expect International Petroleum to announce earnings of $0.2572 per share and revenue of $210.1380 million for the quarter.
International Petroleum Stock Down 3.5%
Shares of OTCMKTS:IPCFF opened at $21.67 on Tuesday. International Petroleum has a 1 year low of $14.91 and a 1 year high of $28.34. The business’s 50 day moving average price is $23.75 and its 200-day moving average price is $23.76.
Wall Street Analyst Weigh In
Separately, Scotiabank upgraded shares of International Petroleum from a “sector perform” rating to an “outperform” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, International Petroleum currently has an average rating of “Moderate Buy”.
International Petroleum Company Profile
International Petroleum Corporation (OTCMKTS: IPCFF) is an independent upstream oil and gas company focused on acquiring, exploring, developing and producing hydrocarbon assets in Southeast Asia and Europe. Headquartered in Singapore, the company builds value through selective exploration and development projects that leverage its operational expertise and strategic partnerships.
The company’s core producing assets are located offshore in the Gulf of Thailand, where it holds interests in the S1 and S2 concessions.
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