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International Petroleum (OSTO:IPCO) 6-Month Price Index : 1.35 (As of May. 17, 2024)


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What is International Petroleum 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-17), International Petroleum's 6-Month Price Index is 1.35.

Competitive Comparison of International Petroleum's 6-Month Price Index

For the Oil & Gas E&P subindustry, International Petroleum's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

International Petroleum  (OSTO:IPCO) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

International Petroleum  (OSTO:IPCO) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

International Petroleum 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of International Petroleum's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

International Petroleum (OSTO:IPCO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » International Petroleum Corp (OSTO:IPCO) » Definitions » 6-Month Price Index
Comparable Companies
TSX:FRU TSX:TVE TSX:PXT TSX:HWX TSX:VET TSX:NVA TSX:AAV TSX:ATH TSX:BIR TSX:PEY COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
IPCFF:USA IPCOs:UK 0V1L:UK IPT:Germany IPCO:Canada
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Website
https://www.international-petroleum.com
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 (OSTO:IPCO) Headlines

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