IPC OIL AND GAS

IPC Holdings reported an operating cash flow of $67 million in Q2 and, for the first time since 2023, positive free cash flow of $4 million. The Blackrod Phase One oil-sands project started ahead of schedule and on budget, which management sees as a turning point for stronger cash generation. The annual production guidance remains 44,000–47,000 barrels of oil equivalent per day; management expects 2026 operating cash flow of $230–330 million at certain Brent price assumptions. The stock rose 2.63% in pre-market trading to $31.60. » More on de.investing.com