Noble Financial Increases Earnings Estimates for InPlay Oil

InPlay Oil Corp. (TSE:IPO) – Noble Financial boosted their Q3 2026 earnings estimates for shares of InPlay Oil in a report released on Wednesday, August 5th. Noble Financial analyst M. Reichman now expects that the company will post earnings per share of $0.24 for the quarter, up from their prior estimate of $0.18. The consensus estimate for InPlay Oil’s current full-year earnings is $0.35 per share.

Separately, National Bank Financial reduced their price target on shares of InPlay Oil from C$27.50 to C$22.50 and set an “outperform” rating for the company in a research report on Wednesday, July 8th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$18.33.

InPlay Oil Trading Down 2.7%

TSE:IPO opened at C$14.61 on Thursday. The stock has a market cap of C$409.17 million, a PE ratio of -10.66 and a beta of 0.35. InPlay Oil has a fifty-two week low of C$10.65 and a fifty-two week high of C$18.96. The company has a debt-to-equity ratio of 72.27, a current ratio of 0.82 and a quick ratio of 0.51. The stock’s 50-day moving average is C$15.34 and its two-hundred day moving average is C$15.97.

InPlay Oil (TSE:IPO) last announced its earnings results on Friday, May 8th. The company reported C($1.24) earnings per share (EPS) for the quarter. The firm had revenue of C$31.77 million for the quarter. InPlay Oil had a negative net margin of 12.40% and a negative return on equity of 10.86%.

InPlay Oil Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 31st will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. InPlay Oil’s dividend payout ratio is currently -78.83%.

InPlay Oil Company Profile

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.