International Petroleum reports third-quarter results before markets open on November 3. Analysts expect a sharp year-over-year increase in earnings per share (EPS) and revenue.
International Petroleum Corp. (IPCO.TO; TSX: IPCO) will release its financial and operating results for the three and nine months ended September 30, 2026, at 07:30 CET on Tuesday, November 3. Management will discuss the results and company updates in an audiocast at 09:00 CET.
Recent earnings trend
International Petroleum Corp
IPCO.TO
IPCO.TO
International Petroleum Corp
WealthAwesomeMarket cap
$4.47B
P/E
154.3x
52W high
$40.93
52W low
$22.53
1W change
-0.45%
Beta
1.00
Analyst Price Targets
Based on analyst covering IPCO · as of Nov 2, 2026
Wall Street analysts forecast IPCO stock price to rise 7.8% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$43.25
+7.8% Upside
Previously C$42.96 on Oct 30, 2026
Current Price
C$40.11
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on IPCO's historical volatility
30-Day Vol
28.1%
Annualized
90-Day Vol
35.8%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$47.95
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$42.57 | C$38.63 – C$46.91 |
| 60 trading days | C$45.18 | C$39.39 – C$51.83 |
| 90 trading days | C$47.95 | C$40.53 – C$56.73 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 3 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-03 | — | 0.1400 | — |
| 2026-06-30 | 2026-08-03 | 0.0900 | 0.1800 | -50.0% |
| 2026-03-31 | 2026-05-05 | 0.1100 | 0.0800 | +37.5% |
| 2025-12-31 | 2026-02-10 | -0.0300 | 0.1000 | -130.0% |
| 2025-09-30 | 2025-11-04 | 0.0300 | 0.1300 | -76.9% |
| 2025-06-30 | 2025-08-05 | 0.1200 | 0.0800 | +50.0% |
The calendar lists EPS consensus at C$0.48, based on three analysts, and revenue consensus at US$261.72 million, based on two. Those estimates imply strong year-over-year growth, but IPCO has beaten estimates in only one of its last four reported quarters.
Investor takeaway: The report will show whether earnings and revenue growth can meet expectations after a mixed run of quarterly EPS results. Investors can also look for updates on IPCO’s operations in Canada, Malaysia and France. The available information does not include production or margin estimates for comparison.
IPCO shares closed at C$40.11 on October 30, above their 50-day and 200-day moving averages and close to the 52-week high. But the reported P/E of about 154 and profit margin of 3.07% make the earnings results and management’s outlook especially relevant to the stock’s valuation.
C$0.48
That’s the calendar’s EPS consensus for the quarter ended September 30, based on three analysts. It compares with EPS of C$0.03 a year earlier. However, the estimate has fallen from C$0.66 over the past 30 days. IPCO beat estimates in one of its last four quarters and missed in the other three, so the results and management’s explanation matter more than the headline growth rate alone.
Bull case
Analysts expect EPS of C$0.48, up from C$0.03 a year earlier, and revenue of US$261.72 million, with estimated growth of 51.9%. If the results show stronger operations, they could help explain the stock’s recent gains. IPCO’s assets in Canada, Malaysia and France give it a base for organic growth and acquisitions, according to the company. Its latest share-capital update also confirmed the cancellation of 205,790 shares bought back through its normal course issuer bid.
Bear case
The estimates come from just three analysts for EPS and two for revenue, so they offer a limited view of expectations. EPS consensus has dropped from C$0.66 to C$0.48 in 30 days, though the supplied revision data records no upward or downward revisions. IPCO missed estimates in three of its last four quarters. Actual EPS ranged from a C$0.03 loss to C$0.11, compared with estimates ranging from C$0.08 to C$0.18. A high P/E and modest profit margin leave little room for an earnings miss or an unclear operating outlook.
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