Noble Financial Forecasts Stronger Earnings for InPlay Oil

InPlay Oil Corp. (TSE:IPO) – Research analysts at Noble Financial raised their Q3 2026 EPS estimates for InPlay Oil in a report issued on Friday, August 14th. Noble Financial analyst M. Reichman now forecasts that the company will post earnings of $0.33 per share for the quarter, up from their previous estimate of $0.26. The consensus estimate for InPlay Oil’s current full-year earnings is $0.35 per share.

Separately, National Bank Financial decreased their price objective on InPlay Oil from C$27.50 to C$22.50 and set an “outperform” rating on the stock in a report on Wednesday, July 8th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, InPlay Oil presently has an average rating of “Buy” and an average target price of C$18.33.

InPlay Oil Price Performance

IPO opened at C$16.52 on Monday. The stock has a 50-day moving average price of C$15.18 and a 200-day moving average price of C$16.08. InPlay Oil has a 12-month low of C$10.85 and a 12-month high of C$18.96. The company has a current ratio of 0.99, a quick ratio of 0.51 and a debt-to-equity ratio of 76.05. The stock has a market capitalization of C$462.66 million, a P/E ratio of -36.71 and a beta of 0.35.

InPlay Oil (TSE:IPO) last released its quarterly earnings results on Thursday, August 13th. The company reported C$0.78 earnings per share for the quarter. InPlay Oil had a negative return on equity of 3.81% and a negative net margin of 4.07%.The business had revenue of C$248.23 million for the quarter.

InPlay Oil Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 31st will be given a $0.09 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Friday, August 14th. InPlay Oil’s dividend payout ratio (DPR) is presently -240.00%.

About InPlay Oil

InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities.