IPL reports 1H18 earnings on 9 May.
A key focus in the upcoming result will be the production performance at key locations & progress on formalising the Central Petroleum interim
gas agreement for Gibson Island and gas discovery JV.
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IPL was added to our ASX50 model portfolio in May 2017.
Commodities are going through a topping pattern, or at least building resistance at the current level, we encourage investors to take profit in IPL.
2019 EPS $0.23, DPS $0.12 places IPL on a forward yield of 3%.
IPL
