International Petroleum Corp (LTS:0V1L)
kr 121 -1.85 (-1.51%) Market Cap: 14.61 Bil Enterprise Value: 16.21 Bil PE Ratio: 8.52 PB Ratio: 1.41 GF Score: 85/100

Q1 2022 International Petroleum Corp Earnings Call Transcript

May 03, 2022 / 07:00AM GMT
Release Date Price: kr97.15 (+1.59%)
Mike Nicholson
International Petroleum Corporation - President, CEO & Director

Okay. So a very good morning to everybody, and welcome to IPC's first quarter results and operations update presentation. My name is Mike Nicholson, I'm the CEO of IPC. Joining me this morning is Christophe Nerguararian, the CFO; and Rebecca Gordon, who is our VP of Investor Relations.

I'll begin in the usual fashion by walking you through the highlights and the operations update. And then I'll pass across to Christophe, and he will walk through the financial numbers. And then at the end of the presentation, we'll -- you have the opportunity to ask questions, and you can submit those online or also we can take calls from the conference call number.

So to get started then with the highlights from the first quarter, it's been another phenomenal performance for the company, record high financial performance. And if we start with our production numbers for the first quarter, 45,800 barrels of oil equivalent per day, and that was actually above the high end of our guidance range for the first quarter. We're

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