Atb Cap Markets Lowers Earnings Estimates for InPlay Oil

InPlay Oil Corp. (TSE:IPO) – Stock analysts at Atb Cap Markets cut their FY2025 EPS 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 post earnings of $0.11 per share for the year, down from their previous 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 target price on InPlay Oil from C$3.25 to C$3.00 in a research report on Friday, November 15th.

InPlay Oil Stock Up 2.4 %

Shares of IPO opened at C$1.74 on Monday. The company has a quick ratio of 0.51, a current ratio of 1.00 and a debt-to-equity ratio of 19.86. The company has a 50-day moving average price of C$1.70 and a two-hundred day moving average price of C$1.91. The stock has a market cap of C$156.81 million, a price-to-earnings ratio of 6.00 and a beta of 2.37. InPlay Oil has a 12 month low of C$1.52 and a 12 month high of C$2.57.

InPlay Oil Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.015 per share. This represents a $0.18 dividend on an annualized basis and a yield of 10.34%. The ex-dividend date of this dividend is Friday, February 14th. InPlay Oil’s dividend payout ratio is currently 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.