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Noble Financial Forecasts Reduced Earnings for InPlay Oil

InPlay Oil Corp. (OTCMKTS:IPOOF - Free Report) - Equities research analysts at Noble Financial lowered their FY2024 earnings per share estimates for shares of InPlay Oil in a report released on Friday, November 15th. Noble Financial analyst M. Reichman now forecasts 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

Shares of OTCMKTS:IPOOF traded up $0.03 during trading on Monday, reaching $1.27. The stock had a trading volume of 39,749 shares, compared to its average volume of 45,667. The business has a fifty day moving average price of $1.43 and a 200-day moving average price of $1.56. InPlay Oil has a 1-year low of $1.22 and a 1-year high of $1.99. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.75 and a current ratio of 1.00. The stock has a market cap of $114.45 million, a PE ratio of 8.89 and a beta of 1.62.

InPlay Oil Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be issued a dividend of $0.0108 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a dividend yield of 10.5%. InPlay Oil's dividend payout ratio is presently 92.86%.

InPlay Oil Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for InPlay Oil (OTCMKTS:IPOOF)

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