Inplay Oil Cp (IPOOF) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Inplay Oil is expected to announce quarterly results on May 14, with analysts forecasting an EPS of ($0.21) and revenue of roughly $57.95 million; in the prior quarter the company reported $0.07 EPS (beating estimates) and $58.45 million in revenue (slightly below estimates).
• The stock opened at $12.45 with a market cap of $348.6 million, a negative P/E of -44.46, and a one-year trading range of $4.85 to $13.66; its 50-day and 200-day moving averages are $12.25 and $10.50, respectively.
• Analyst sentiment is mixed-to-positive after Zacks upgraded the shares to a "hold" and the consensus rating is an average Buy (two Strong Buy, one Hold), while the company remains a Calgary-based E&P focused on liquids-rich natural gas in the Montney and Charlie Lake formations.

Inplay Oil Cp (OTCMKTS:IPOOF - Get Free Report) is expected to issue its resultson Thursday, May 14th. Analysts expect the company to announce earnings of ($0.21) per share and revenue of $57.9450 million for the quarter.

Inplay Oil Cp (OTCMKTS:IPOOF - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. The company had revenue of $58.45 million for the quarter, compared to analyst estimates of $60.42 million. Inplay Oil Cp had a negative net margin of 2.69% and a negative return on equity of 0.73%. On average, analysts expect Inplay Oil Cp to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Inplay Oil Cp Price Performance

Shares of OTCMKTS IPOOF opened at $12.45 on Thursday. The firm has a market capitalization of $348.60 million, a P/E ratio of -44.46 and a beta of 0.50. Inplay Oil Cp has a one year low of $4.85 and a one year high of $13.66. The company's fifty day moving average is $12.25 and its two-hundred day moving average is $10.50. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.10.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Inplay Oil Cp from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Inplay Oil Cp has an average rating of "Buy".

Inplay Oil Cp Company Profile

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.

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