Q4 EPS Estimates for InPlay Oil Decreased by Atb Cap Markets

InPlay Oil Corp. (TSE:IPO) – Analysts at Atb Cap Markets decreased their Q4 2024 earnings estimates for InPlay Oil in a research note issued on Thursday, November 14th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.09. 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 Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.06 EPS, FY2025 earnings at $0.25 EPS, FY2026 earnings at $0.15 EPS and FY2027 earnings at $0.06 EPS.

A number of other equities analysts also recently weighed in on the company. Acumen Capital lowered their price target on InPlay Oil from C$3.75 to C$3.50 in a research report on Friday, August 16th. Noble Financial upgraded InPlay Oil to a “strong-buy” rating in a research note on Monday, October 7th. Finally, Canaccord Genuity Group dropped their price target on InPlay Oil from C$3.25 to C$3.00 in a research note on Friday.

InPlay Oil Stock Down 3.4 %

Shares of IPO stock opened at C$1.73 on Monday. InPlay Oil has a 52-week low of C$1.67 and a 52-week high of C$2.57. The stock has a market cap of C$155.91 million, a price-to-earnings ratio of 5.97 and a beta of 2.37. The firm’s 50-day moving average is C$1.96 and its 200-day moving average is C$2.14. The company has a debt-to-equity ratio of 19.86, a quick ratio of 0.51 and a current ratio of 1.00.

InPlay Oil Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 29th will be issued a $0.015 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.18 annualized dividend and a yield of 10.40%. 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.