FY2024 EPS Estimates for InPlay Oil Cut by Noble Financial

InPlay Oil Corp. (OTCMKTS:IPOOF) – Noble Financial cut their FY2024 EPS estimates for InPlay Oil in a research report issued on Friday, November 15th. Noble Financial analyst M. Reichman now anticipates that the company will earn $0.09 per share for the year, down from their previous estimate of $0.10. Noble Financial has a “Strong-Buy” rating on the stock. The consensus estimate for InPlay Oil’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for InPlay Oil’s Q1 2025 earnings at $0.04 EPS and FY2025 earnings at $0.16 EPS.

InPlay Oil Price Performance

OTCMKTS IPOOF opened at $1.25 on Monday. The company has a market cap of $112.20 million, a PE ratio of 8.89 and a beta of 1.62. The company has a quick ratio of 0.75, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. The firm’s 50-day simple moving average is $1.43 and its two-hundred day simple moving average is $1.56. InPlay Oil has a 52 week low of $1.22 and a 52 week high of $1.99.

InPlay Oil Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be given a $0.0108 dividend. The ex-dividend date is Friday, November 15th. This represents a dividend yield of 10.5%. InPlay Oil’s dividend payout ratio (DPR) is currently 92.86%.

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.