Atb Cap Markets Research Analysts Decrease Earnings Estimates for InPlay Oil Corp. (TSE:IPO)

InPlay Oil Corp. (TSE:IPO) – Investment analysts at Atb Cap Markets dropped their Q3 2024 earnings per share estimates for shares of InPlay Oil in a research report issued to clients and investors on Thursday, August 15th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.09. The consensus estimate for InPlay Oil’s current full-year earnings is $0.22 per share. Atb Cap Markets also issued estimates for InPlay Oil’s Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.32 EPS, FY2026 earnings at $0.20 EPS and FY2027 earnings at $0.10 EPS.

Separately, Acumen Capital lowered their target price on shares of InPlay Oil from C$3.75 to C$3.50 in a report on Friday, August 16th.

InPlay Oil Price Performance

InPlay Oil stock opened at C$2.15 on Monday. InPlay Oil has a 12 month low of C$2.03 and a 12 month high of C$2.86. The company has a current ratio of 1.00, a quick ratio of 0.51 and a debt-to-equity ratio of 19.86. The business’s 50 day simple moving average is C$2.21 and its 200 day simple moving average is C$2.29. The company has a market cap of C$193.76 million, a price-to-earnings ratio of 7.41 and a beta of 2.41.

InPlay Oil Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.015 per share. The ex-dividend date is Thursday, August 15th. This represents a $0.18 dividend on an annualized basis and a yield of 8.37%. InPlay Oil’s payout ratio is 62.07%.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.