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International Petroleum Shares Decline After Fall in 1Q Earnings - MarketWatch

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International Petroleum Shares Decline After Fall in 1Q Earnings - MarketWatch

By Robb M. Stewart

International Petroleum Corp.'s shares were under pressure Tuesday after the oil-and-gas company's first-quarter earnings were hit by a drop in prices.

In morning trading, the stock was 6.5% lower at C$12.27, widening the drop so far this year to 20%.

Despite...