Inplay Oil Cp (IPOOF) Projected to Post Quarterly Earnings on Thursday

Inplay Oil Cp (OTCMKTS:IPOOF) is projected to issue its resultson Thursday, August 13th. Analysts expect the company to post earnings of $0.48 per share and revenue of $61.34 million for the quarter.

Inplay Oil Cp Stock Performance

Shares of IPOOF opened at $11.45 on Wednesday. Inplay Oil Cp has a 12-month low of $7.64 and a 12-month high of $13.66. The company has a current ratio of 0.82, a quick ratio of 0.72 and a debt-to-equity ratio of 0.71. The company has a market cap of $319.00 million, a PE ratio of -10.86 and a beta of 0.43. The stock has a 50-day moving average price of $10.83 and a 200-day moving average price of $11.58.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Inplay Oil Cp from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Inplay Oil Cp presently has a consensus rating of “Moderate Buy”.

About Inplay Oil Cp

InPlay Oil Corp (OTCMKTS: IPOOF) is a Calgary-based exploration and production company focused on the development of oil and natural gas assets in Western Canada. The company’s primary operations are centered in the Montney and Charlie Lake formations of Alberta and northeast British Columbia, where it holds a significant land position. InPlay’s strategy emphasizes liquids-rich natural gas and condensate production, leveraging horizontal drilling and multi-stage completion techniques to enhance well performance and resource recovery.

InPlay’s asset portfolio comprises both established conventional reservoirs and emerging unconventional plays.