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InPlay Oil FY2024 EPS Forecast Lowered by Atb Cap Markets

InPlay Oil Corp. (OTCMKTS:IPOOF - Free Report) - Equities research analysts at Atb Cap Markets dropped their FY2024 earnings per share (EPS) estimates for shares of 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 $0.09 for the year, down from their previous estimate of $0.18. The consensus estimate for InPlay Oil's current full-year earnings is $0.09 per share. Atb Cap Markets also issued estimates for InPlay Oil's Q4 2024 earnings at $0.03 EPS, Q1 2025 earnings at $0.05 EPS, Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.04 EPS, FY2026 earnings at $0.11 EPS and FY2027 earnings at $0.04 EPS.

Separately, Noble Financial upgraded InPlay Oil to a "strong-buy" rating in a research report on Monday, October 7th.

Read Our Latest Stock Analysis on InPlay Oil

InPlay Oil Price Performance

Shares of IPOOF traded up $0.03 during mid-day trading on Monday, hitting $1.27. The company's stock had a trading volume of 39,749 shares, compared to its average volume of 45,667. The firm has a 50-day simple moving average of $1.43 and a 200 day simple moving average of $1.56. InPlay Oil has a 1-year low of $1.22 and a 1-year high of $1.99. The firm has a market capitalization of $114.45 million, a P/E ratio of 8.89 and a beta of 1.62. The company has a current ratio of 1.00, a quick ratio of 0.75 and a debt-to-equity ratio of 0.19.

InPlay Oil Cuts Dividend

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