Atb Cap Markets Increases Earnings Estimates for InPlay Oil

InPlay Oil Corp. (TSE:IPO) – Atb Cap Markets boosted their FY2025 earnings per share estimates for 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 prior estimate 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 have also recently commented on IPO. ATB Capital set a C$13.00 price objective on InPlay Oil and gave the company an “outperform” rating in a research note on Thursday, June 5th. Roth Capital set a C$18.00 target price on InPlay Oil and gave the company a “buy” rating in a research report on Monday.

InPlay Oil Stock Up 1.6%

InPlay Oil stock traded up C$0.16 during mid-day trading on Friday, reaching C$10.24. The stock had a trading volume of 7,769 shares, compared to its average volume of 56,594. The company has a debt-to-equity ratio of 20.44, a quick ratio of 0.51 and a current ratio of 0.61. InPlay Oil has a fifty-two week low of C$6.54 and a fifty-two week high of C$13.80. The stock’s 50-day simple moving average is C$9.08 and its 200-day simple moving average is C$4.77. The firm has a market capitalization of C$920.14 million, a PE ratio of 48.89 and a beta of 2.37.

InPlay Oil Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 31st will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $1.08 dividend on an annualized basis and a yield of 10.55%. InPlay Oil’s dividend payout ratio is presently 85.93%.

About InPlay Oil

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.