InPlay Oil Corp. Expected to Earn Q4 2024 Earnings of $0.06 Per Share (OTCMKTS:IPOOF)

InPlay Oil Corp. (OTCMKTS:IPOOF) – Equities researchers at Noble Financial raised their Q4 2024 earnings per share estimates for shares of InPlay Oil in a research report issued on Friday, August 16th. Noble Financial analyst M. Heim now forecasts that the company will post earnings of $0.06 per share for the quarter, up from their prior estimate of $0.05. The consensus estimate for InPlay Oil’s current full-year earnings is $0.13 per share. Noble Financial also issued estimates for InPlay Oil’s Q1 2025 earnings at $0.05 EPS, Q2 2025 earnings at $0.05 EPS and FY2025 earnings at $0.20 EPS.

InPlay Oil Trading Up 0.6 %

IPOOF stock opened at $1.60 on Monday. InPlay Oil has a 1-year low of $1.43 and a 1-year high of $2.20. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.68 and a quick ratio of 0.53. The company has a market capitalization of $145.77 million, a price-to-earnings ratio of 8.00 and a beta of 1.63. The business has a 50 day simple moving average of $1.61 and a two-hundred day simple moving average of $1.68.

InPlay Oil (OTCMKTS:IPOOF) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. InPlay Oil had a return on equity of 8.67% and a net margin of 14.56%. The business had revenue of $30.30 million during the quarter, compared to the consensus estimate of $30.58 million.

InPlay Oil Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 16th will be issued a dividend of $0.0108 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a dividend yield of 8.29%. InPlay Oil’s dividend payout ratio (DPR) is 65.00%.

InPlay Oil Company Profile

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.