FY2024 EPS Estimates for InPlay Oil Cut by Atb Cap Markets

InPlay Oil Corp. (TSE:IPO - Free Report) - Analysts at Atb Cap Markets reduced their FY2024 earnings per share estimates for shares of InPlay Oil in a report released on Wednesday, February 5th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.11 per share for the year, down from their previous estimate 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 dropped their price target on InPlay Oil from C$3.25 to C$3.00 in a research report on Friday, November 15th.

InPlay Oil Stock Performance

Shares of TSE:IPO traded up C$0.02 on Friday, reaching C$1.70. 91,055 shares of the company's stock were exchanged, compared to its average volume of 81,864. The business's 50-day moving average is C$1.70 and its two-hundred day moving average is C$1.91. The company has a quick ratio of 0.51, a current ratio of 1.00 and a debt-to-equity ratio of 19.86. InPlay Oil has a fifty-two week low of C$1.52 and a fifty-two week high of C$2.57. The firm has a market capitalization of C$153.20 million, a price-to-earnings ratio of 5.86 and a beta of 2.37.

InPlay Oil Announces Dividend

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 issued a $0.015 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 10.59%. InPlay Oil's dividend payout ratio (DPR) is presently 62.07%.

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.