InPlay Oil Corp. (TSE:IPO) to Post Q4 2024 Earnings of $0.08 Per Share, Noble Financial Forecasts

InPlay Oil Corp. (TSE:IPO) – Noble Financial upped their Q4 2024 earnings estimates for InPlay Oil in a note issued to investors on Friday, August 16th. Noble Financial analyst M. Heim now anticipates that the company will post earnings of $0.08 per share for the quarter, up from their prior forecast of $0.07. The consensus estimate for InPlay Oil’s current full-year earnings is $0.22 per share. Noble Financial also issued estimates for InPlay Oil’s Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.06 EPS and FY2025 earnings at $0.27 EPS.

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

InPlay Oil Stock Performance

TSE IPO opened at C$2.15 on Monday. The stock has a market cap of C$193.76 million, a P/E ratio of 7.41 and a beta of 2.41. The company’s 50-day simple moving average is C$2.21 and its 200 day simple moving average is C$2.29. InPlay Oil has a twelve month low of C$2.03 and a twelve month high of C$2.86. 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.015 per share. The ex-dividend date is Thursday, August 15th. This represents a $0.18 annualized dividend and a yield of 8.37%. InPlay Oil’s dividend payout ratio is 62.07%.

InPlay Oil Company Profile

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.