International Petroleum (TSE:IPC) Upgraded to “Strong-Buy” by Atb Cap Markets

International Petroleum (TSE:IPC) was upgraded by investment analysts at Atb Cap Markets from a “hold” rating to a “strong-buy” rating in a report released on Wednesday, Zacks.com reports. Atb Cap Markets also issued estimates for International Petroleum’s Q3 2024 earnings at $0.34 EPS, Q4 2024 earnings at $0.33 EPS and FY2024 earnings at $1.51 EPS.

Separately, BMO Capital Markets raised shares of International Petroleum to a “hold” rating in a report on Thursday, August 22nd.

International Petroleum Price Performance

International Petroleum (TSE:IPC) last released its quarterly earnings data on Tuesday, July 30th. The company reported C$0.49 EPS for the quarter, hitting analysts’ consensus estimates of C$0.49. The company had revenue of C$299.70 million for the quarter, compared to analysts’ expectations of C$344.25 million.