InPlay Oil Q1 Earnings Forecast Decreased by Noble Financial

Key Points

• Noble Financial cut its Q1 2027 EPS forecast for InPlay Oil to $0.26 from $0.33, while projecting full-year 2027 EPS of $1.16.
• InPlay reported a quarterly loss of C$0.08 per share on C$237.61 million in revenue. Its shares were down 3.6%, opening at C$16.92.
• The company announced a monthly dividend of C$0.09 per share, equivalent to C$1.08 annually and a 6.4% yield; analysts’ average rating is Buy, with a C$20 consensus target price.

InPlay Oil Corp. (TSE:IPO - Free Report) - Equities research analysts at Noble Financial decreased their Q1 2027 EPS estimates for InPlay Oil in a research note issued on Friday, November 6th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings of $0.26 per share for the quarter, down from their previous forecast of $0.33. The consensus estimate for InPlay Oil's current full-year earnings is $0.35 per share. Noble Financial also issued estimates for InPlay Oil's Q2 2027 earnings at $0.31 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.29 EPS and FY2027 earnings at $1.16 EPS.

Separately, ATB Cormark Capital Markets increased their target price on InPlay Oil from C$23.00 to C$25.00 and gave the company an "outperform" rating in a research report on Monday, October 19th. Three research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of C$20.00.

InPlay Oil Stock Down 3.6%

Shares of IPO stock opened at C$16.92 on Tuesday. The stock has a market cap of C$467.84 million, a P/E ratio of -37.60 and a beta of 0.56. InPlay Oil has a 52 week low of C$11.95 and a 52 week high of C$20.94. The company has a quick ratio of 0.51, a current ratio of 0.99 and a debt-to-equity ratio of 76.05. The company's fifty day simple moving average is C$18.19 and its two-hundred day simple moving average is C$16.63.

InPlay Oil (TSE:IPO - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported C($0.08) EPS for the quarter. InPlay Oil had a negative net margin of 4.07% and a negative return on equity of 3.81%. The business had revenue of C$237.61 million during the quarter.

Insider Buying and Selling at InPlay Oil

In other news, insider Kevin Leonard sold 17,222 shares of InPlay Oil stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of C$18.01, for a total value of C$310,168.22. Following the completion of the transaction, the insider owned 41,102 shares in the company, valued at approximately C$740,247.02. The trade was a 29.53% decrease in their position. Also, insider Darren W. Dittmer sold 11,317 shares of the business's stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of C$17.71, for a total value of C$200,424.07. Following the transaction, the insider directly owned 194,798 shares in the company, valued at approximately C$3,449,872.58. This represents a 5.49% decrease in their position. Insiders have sold a total of 51,173 shares of company stock worth $919,362 over the last ninety days. Company insiders own 25.31% of the company's stock.

InPlay Oil Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 30th will be given a dividend of $0.09 per share. The ex-dividend date is Monday, November 16th. This represents a $1.08 dividend on an annualized basis and a yield of 6.4%. InPlay Oil's dividend payout ratio is -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.

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