Noble Financial Comments on InPlay Oil FY2024 Earnings

InPlay Oil Corp. (OTCMKTS:IPOOF) – Equities research analysts at Noble Financial cut their FY2024 EPS estimates for InPlay Oil in a note issued to investors on Friday, November 15th. Noble Financial analyst M. Reichman now expects that the company will post earnings of $0.09 per share for the year, down from their prior 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 Stock Up 2.0 %

Shares of IPOOF opened at $1.27 on Monday. InPlay Oil has a fifty-two week low of $1.22 and a fifty-two week high of $1.99. The company’s fifty day moving average is $1.43 and its two-hundred day moving average is $1.56. The firm has a market cap of $114.45 million, a PE ratio of 8.89 and a beta of 1.62. The company has a quick ratio of 0.75, a current ratio of 1.00 and a debt-to-equity ratio of 0.19.

InPlay Oil Cuts Dividend

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