International Petroleum: Oil Production And Commodity Price Rises Decrease The Debt Need

Long Player Investing Group Leader Follow Summary International Petroleum is benefiting from higher commodity prices and rising production. Blackrod production is ramping up ahead of schedule. IPCFF's financial outlook has improved thanks to stronger-than-expected cash flow. Early cash inflows from stronger-than-expected commodity prices enhance Blackrod's profitability. This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » Getty Images The last article that I wrote on International Petroleum ( IPCFF ) noted that the company was beginning the trek to positive cash flow after years of funding the Blackrod project. Higher commodity prices are now revising the This article was written by Long Player 25.94K Followers Follow Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in IPCFF over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: I am not an investment advisor, and this article is not meant to be a recommendation for the purchase or sale of stock. Investors are advised to review all company documents and press releases to see if the company fits its own investment qualifications. I may initiate a position in IPCFF at any time without further notice. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.