Daily Ideas·Analysis·IPCO.ST·2025年4月3日

International Petroleum Corp

This article provides an analysis of International Petroleum Corp. (IPCO), an oil and gas exploration and production company. The author highlights the company's connection to the Lundin family, known for their successful track record in the industry. The article mentions that IPCO's assets are located in Canada, Malaysia, and France, with a focus on the North American market. The author notes that the stock is trading at a significant discount to its net asset value (NAV) and that the company is undertaking a growth project that will transform it. The author compares IPCO to HCC in coal, as a high-quality business with a major development project.

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