InPlay Oil Corp. (TSE:IPO – Free Report) – Research analysts at Atb Cap Markets lowered their FY2024 earnings per share (EPS) estimates for shares of InPlay Oil in a note issued to investors on Wednesday, February 5th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.11 per share for the year, down from their previous forecast of $0.12. The consensus estimate for InPlay Oil’s current full-year earnings is $0.35 per share. Atb Cap Markets also issued estimates for InPlay Oil’s Q4 2024 earnings at $0.03 EPS, Q1 2025 earnings at $0.03 EPS, Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.04 EPS, FY2026 earnings at $0.10 EPS and FY2027 earnings at $0.04 EPS.
Separately, Canaccord Genuity Group lowered their price target on InPlay Oil from C$3.25 to C$3.00 in a research note on Friday, November 15th.
InPlay Oil Stock Performance
TSE:IPO opened at C$1.68 on Friday. The company has a debt-to-equity ratio of 19.86, a quick ratio of 0.51 and a current ratio of 1.00. The firm’s 50-day moving average is C$1.70 and its 200-day moving average is C$1.92. InPlay Oil has a 52-week low of C$1.52 and a 52-week high of C$2.57. The company has a market cap of C$151.40 million, a price-to-earnings ratio of 5.79 and a beta of 2.37.
InPlay Oil Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.015 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.18 dividend on an annualized basis and a yield of 10.71%. InPlay Oil’s dividend payout ratio is currently 62.07%.
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.
Further Reading
- Five stocks we like better than InPlay Oil
- How to Choose Top Rated Stocks
- Price Plunge in Roblox Presents Opportunity for Robust Gains
- 3 REITs to Buy and Hold for the Long Term
- Billions in Buybacks: 4 Stocks Rewarding Shareholders Now
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- 3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Receive News & Ratings for InPlay Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InPlay Oil and related companies with MarketBeat.com's FREE daily email newsletter.
