Noble Financial Decreases Earnings Estimates for InPlay Oil

InPlay Oil Corp. (OTCMKTS:IPOOF) – Investment analysts at Noble Financial dropped their FY2024 earnings per share (EPS) estimates for shares of InPlay Oil in a report released on Friday, November 15th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings per share of $0.09 for the year, down from their previous estimate of $0.10. Noble Financial has a “Strong-Buy” rating on the stock. The consensus estimate for InPlay Oil’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for InPlay Oil’s Q1 2025 earnings at $0.04 EPS and FY2025 earnings at $0.16 EPS.

InPlay Oil Price Performance

OTCMKTS:IPOOF opened at $1.25 on Monday. InPlay Oil has a 52 week low of $1.22 and a 52 week high of $1.99. The company has a quick ratio of 0.75, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $112.65 million, a PE ratio of 8.93 and a beta of 1.62. The stock’s 50-day moving average price is $1.43 and its 200-day moving average price is $1.56.

InPlay Oil Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be paid a $0.0108 dividend. This represents a yield of 10.5%. The ex-dividend date is Friday, November 15th. InPlay Oil’s dividend payout ratio is presently 92.86%.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.