International Petroleum (IPCFF) Projected to Announce Quarterly Earnings on Tuesday

International Petroleum (OTCMKTS:IPCFF) will likely be issuing its resultson Tuesday, August 4th. Analysts expect the company to post earnings of $0.2572 per share and revenue of $210.1380 million for the quarter.

International Petroleum Stock Performance

Shares of IPCFF stock opened at $21.67 on Tuesday. International Petroleum has a fifty-two week low of $14.91 and a fifty-two week high of $28.34. The company has a 50 day moving average price of $23.75 and a 200 day moving average price of $23.76.

Analyst Upgrades and Downgrades

Separately, Scotiabank upgraded International Petroleum from a “sector perform” rating to an “outperform” rating in a research note on Friday, July 17th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus 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.