Atb Cap Markets Boosts Earnings Estimates for InPlay Oil

InPlay Oil Corp. (TSE:IPO - Free Report) - Analysts at Atb Cap Markets increased their FY2025 EPS estimates for shares of InPlay Oil in a research report issued on Thursday, July 17th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings per share of $0.86 for the year, up from their previous forecast of $0.80. The consensus estimate for InPlay Oil's current full-year earnings is $0.35 per share. Atb Cap Markets also issued estimates for InPlay Oil's FY2025 earnings at $0.86 EPS, FY2026 earnings at $1.02 EPS, FY2027 earnings at $1.08 EPS and FY2027 earnings at $1.08 EPS.

A number of other brokerages also recently issued reports on IPO. ATB Capital set a C$13.00 price objective on shares of InPlay Oil and gave the stock an "outperform" rating in a research report on Thursday, June 5th. Roth Capital set a C$18.00 price objective on shares of InPlay Oil and gave the stock a "buy" rating in a research report on Monday, July 14th.

InPlay Oil Stock Up 0.4%

TSE IPO traded up C$0.04 during trading on Friday, reaching C$10.12. 48,120 shares of the company's stock traded hands, compared to its average volume of 56,930. The company has a debt-to-equity ratio of 20.44, a current ratio of 0.61 and a quick ratio of 0.51. The firm has a market cap of C$909.36 million, a price-to-earnings ratio of 48.31 and a beta of 2.37. The company's 50 day simple moving average is C$9.18 and its two-hundred day simple moving average is C$4.89. InPlay Oil has a 12-month low of C$6.54 and a 12-month high of C$13.80.

InPlay Oil Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 31st will be paid a $0.09 dividend. This represents a $1.08 annualized dividend and a dividend yield of 10.67%. The ex-dividend date of this dividend is Tuesday, July 15th. InPlay Oil's dividend payout ratio is currently 85.93%.

InPlay Oil Company Profile

InPlay Oil Corp is oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta.