Atb Cap Markets Lowers Earnings Estimates for InPlay Oil

InPlay Oil Corp. (TSE:IPO - Free Report) - Equities research analysts at Atb Cap Markets reduced their FY2025 EPS estimates for InPlay Oil in a research note issued to investors on Wednesday, February 5th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.11 per share for the year, down from their prior estimate of $0.25. The consensus estimate for InPlay Oil's current full-year earnings is $0.35 per share.

Separately, Canaccord Genuity Group cut their price target on InPlay Oil from C$3.25 to C$3.00 in a report on Friday, November 15th.

InPlay Oil Price Performance

IPO traded up C$0.01 during trading on Monday, reaching C$1.74. The company's stock had a trading volume of 53,524 shares, compared to its average volume of 83,405. The company has a market cap of C$156.35 million, a price-to-earnings ratio of 8.31 and a beta of 2.37. The firm has a fifty day simple moving average of C$1.69 and a two-hundred day simple moving average of C$1.90. InPlay Oil has a 1 year low of C$1.52 and a 1 year high of C$2.57. The company has a quick ratio of 0.51, a current ratio of 0.61 and a debt-to-equity ratio of 20.44.

InPlay Oil Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 28th will be given a dividend of $0.015 per share. This represents a $0.18 annualized dividend and a yield of 10.34%. The ex-dividend date is Friday, February 14th. InPlay Oil's payout ratio is currently 85.93%.

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.