Noble Financial Forecasts Reduced Earnings for Inplay Oil Cp

Inplay Oil Cp (OTCMKTS:IPOOF) – Research analysts at Noble Financial lowered their Q1 2027 earnings per share estimates for Inplay Oil Cp in a note issued to investors on Friday, November 6th. Noble Financial analyst M. Reichman now forecasts that the company will post earnings per share of $0.18 for the quarter, down from their prior estimate of $0.24. The consensus estimate for Inplay Oil Cp’s current full-year earnings is $0.97 per share. Noble Financial also issued estimates for Inplay Oil Cp’s Q2 2027 earnings at $0.22 EPS, Q4 2027 earnings at $0.21 EPS and FY2027 earnings at $0.82 EPS.

Inplay Oil Cp (OTCMKTS:IPOOF) last released its earnings results on Thursday, November 5th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.13). The firm had revenue of $83.44 million during the quarter, compared to the consensus estimate of $79.44 million. Inplay Oil Cp had a negative net margin of 3.70% and a positive return on equity of 4.89%.

Separately, Zacks Research downgraded shares of Inplay Oil Cp from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, Inplay Oil Cp presently has an average rating of “Hold”.

Inplay Oil Cp Trading Down 3.5%

OTCMKTS:IPOOF opened at $11.96 on Tuesday. Inplay Oil Cp has a twelve month low of $8.33 and a twelve month high of $14.97. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 0.75. The business has a 50 day moving average price of $12.96 and a two-hundred day moving average price of $11.97. The company has a market cap of $330.94 million, a P/E ratio of -35.80 and a beta of 0.57.

About Inplay Oil Cp

InPlay Oil Corp. is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on acquiring, developing and operating conventional and unconventional petroleum assets, with an emphasis on light oil and associated natural gas production.

InPlay’s operations are concentrated in Alberta within the Western Canadian Sedimentary Basin. Its development activities have included the Cardium formation and other central Alberta oil-producing areas, where the company applies horizontal drilling and multistage hydraulic fracturing to develop its reserves.

The company’s strategy centers on disciplined development of its existing asset base, operational efficiency and the generation of production from its Alberta properties.