Q3 2024 Earnings Estimate for InPlay Oil Corp. Issued By Atb Cap Markets (TSE:IPO)

InPlay Oil Corp. (TSE:IPO) – Equities research analysts at Atb Cap Markets decreased their Q3 2024 EPS estimates for InPlay Oil in a research note issued on Thursday, August 15th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.08 per share for the quarter, down from their prior forecast of $0.09. The consensus estimate for InPlay Oil’s current full-year earnings is $0.22 per share. Atb Cap Markets also issued estimates for InPlay Oil’s Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.32 EPS, FY2026 earnings at $0.20 EPS and FY2027 earnings at $0.10 EPS.

Separately, Acumen Capital lowered their price objective on shares of InPlay Oil from C$3.75 to C$3.50 in a research report on Friday, August 16th.

InPlay Oil Price Performance

Shares of IPO opened at C$2.15 on Monday. The firm has a 50-day simple moving average of C$2.21 and a two-hundred day simple moving average of C$2.29. The stock has a market cap of C$193.76 million, a PE ratio of 7.41 and a beta of 2.41. InPlay Oil has a 1-year low of C$2.03 and a 1-year high of C$2.86. The company has a debt-to-equity ratio of 19.86, a current ratio of 1.00 and a quick ratio of 0.51.

InPlay Oil Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be paid a dividend of $0.015 per share. This represents a $0.18 annualized dividend and a yield of 8.37%. The ex-dividend date of this dividend is Thursday, August 15th. InPlay Oil’s payout ratio is 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.