International Petroleum Co. (OTCMKTS:IPCFF – Get Free Report) shares traded up 3.4% during trading on Wednesday . The company traded as high as $22.6580 and last traded at $22.5895. Approximately 9,329 shares changed hands during trading, a decline of 61% from the average daily volume of 23,667 shares. The stock had previously closed at $21.85.
Analysts Set New Price Targets
Separately, Scotiabank raised International Petroleum from a “sector perform” rating to an “outperform” rating in a report on Friday, July 17th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, International Petroleum presently has an average rating of “Moderate Buy”.
View Our Latest Research Report on IPCFF
International Petroleum Price Performance
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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