International Ptrl: Stocks Analysts Recently Downgraded on TSX (IPCO)
International Petroleum Corp is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital.
Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| ERF | Enerplus Corp | 1 | 0 | 0 | 0 | 5 | 0 | 1.6667 | 2.1429 | Underperform |
| PXT | Parex Resources Inc | 6 | 0 | 1 | 0 | 0 | 0 | 4.7143 | 4.75 | Buy |
| IPCO | International Petroleum Corp | 3 | 0 | 2 | 0 | 0 | 0 | 4.2 | 4.3333 | Outperform |
| CJ | Cardinal Energy Ltd | 2 | 0 | 3 | 0 | 0 | 0 | 3.8 | 4 | Outperform |
All data provided as of April 19, 2024.
More about International Petroleum Corp
International Petroleum Corp is an international oil and gas exploration and production company. It is engaged in the exploration, development, and production of oil and gas. Geographically, the company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. It is based in Canada and derives revenue from the sales of gas, crude oil, and natural gas liquids, of which key revenue is derived from the sales of crude oil.
International Petroleum Corp is listed under IPCO on the Toronto Stock Exchange.
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