International Petroleum Corporation (TSX:IPCO)

International Petroleum Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	11.25	7.04	246.59	517.07	487.24	18.81
Cash & Short-Term Investments	11.25	7.04	246.59	517.07	487.24	18.81
Cash Growth	-85.74%	-97.15%	-52.31%	6.12%	2490.32%	189.47%
Accounts Receivable	91.04	73.25	94.27	97.26	112.7	91.06
Other Receivables	8.81	19.95	22.35	7.96	4.35	13.61
Receivables	99.85	93.19	116.62	105.23	117.04	104.67
Inventory	34.97	19.99	20.07	21.81	15.96	20.2
Prepaid Expenses	20.45	8.44	12.35	10.99	6.59	6.33
Other Current Assets	4.64	1.64	3.22	35.5	11.74	1.16
Total Current Assets	171.15	130.3	398.85	690.6	638.57	151.16
Property, Plant & Equipment	1,791	1,798	1,504	1,307	997.97	1,020
Other Intangible Assets	11.19	11.67	13.88	15.35	-	-
Long-Term Deferred Tax Assets	1.23	1.64	1.67	1.83	1.96	67.19
Other Long-Term Assets	36	35.83	34.79	48.54	41.13	35.75
Total Assets	2,010	1,978	1,954	2,063	1,680	1,274

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	42.76	39.38	42.63	42.76	20.55	9.04
Accrued Expenses	111.57	94.41	119.32	118.91	78.21	45.33
Current Portion of Long-Term Debt	-	1.94	3.4	3.59	3.43	1.81
Current Portion of Leases	0.96	0.93	0.57	0.81	0.75	0.68
Current Income Taxes Payable	0.53	0.22	1.15	0.26	17.79	5.09
Other Current Liabilities	21.47	23.37	41.01	36.56	29.18	33.02
Total Current Liabilities	177.28	160.25	208.08	202.89	149.91	94.98
Long-Term Debt	513.38	481.03	441.58	440.48	304.15	109.22
Long-Term Leases	2.8	2.96	2.73	2.09	0.51	0.98
Pension & Post-Retirement Benefits	3.37	3.37	3.69	0.55	1.48	4.45
Long-Term Deferred Tax Liabilities	125.32	122.01	92.75	86.35	56.33	22.14
Other Long-Term Liabilities	279.38	280.83	265.39	250.37	201.91	194.36
Total Liabilities	1,102	1,050	1,014	982.73	714.29	426.13

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	54.46	40.91	141.17	243.36	338.72	528.76
Retained Earnings	905.83	896.69	875.95	795.49	635.9	298.21
Comprehensive Income & Other	-51.63	-10.57	-77.81	41.22	-9.47	20.41
Total Common Equity	908.66	927.03	939.32	1,080	965.14	847.39
Minority Interest	0.15	0.15	0.16	0.19	0.19	0.16
Shareholders' Equity	908.82	927.18	939.47	1,080	965.33	847.54
Total Liabilities & Equity	2,010	1,978	1,954	2,063	1,680	1,274

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	517.14	486.86	448.28	446.97	308.84	112.69
Net Cash (Debt)	-505.89	-479.83	-201.69	70.11	178.4	-93.88
Net Cash Growth	-	-	-	-60.70%	-	-
Net Cash Per Share	-4.42	-4.10	-1.60	0.52	1.19	-0.59
Filing Date Shares Outstanding	112.83	112.16	117.27	126.38	136.83	154.04
Total Common Shares Outstanding	112.83	112.16	119.06	126.99	136.83	154.04
Working Capital	-6.13	-29.95	190.77	487.71	488.66	56.18
Book Value Per Share	8.05	8.27	7.89	8.51	7.05	5.50
Tangible Book Value	897.48	915.36	925.44	1,065	965.14	847.39
Tangible Book Value Per Share	7.95	8.16	7.77	8.38	7.05	5.50

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

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