Inplay Oil Cp (IPOOF) to Release Earnings on Thursday

Inplay Oil Cp (OTCMKTS:IPOOF) is expected to issue its results before the market opens on Thursday, November 13th. Analysts expect the company to announce earnings of $0.15 per share for the quarter.

Inplay Oil Cp (OTCMKTS:IPOOF) last released its quarterly earnings results on Thursday, August 14th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.21). The company had revenue of $67.31 million for the quarter, compared to analyst estimates of $64.71 million. Inplay Oil Cp had a positive return on equity of 1.18% and a negative net margin of 0.63%. On average, analysts expect Inplay Oil Cp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Inplay Oil Cp Stock Performance

Inplay Oil Cp stock opened at $8.71 on Thursday. The stock’s 50 day moving average price is $8.79 and its 200 day moving average price is $7.49. The firm has a market capitalization of $243.44 million, a PE ratio of -217.48 and a beta of 0.89. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.00 and a current ratio of 1.20. Inplay Oil Cp has a one year low of $4.72 and a one year high of $9.66.

Inplay Oil Cp Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 31st. Investors of record on Thursday, October 16th were given a dividend of $0.0647 per share. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a yield of 868.0%. Inplay Oil Cp’s payout ratio is -1,950.00%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. National Bank Financial raised Inplay Oil Cp to a “strong-buy” rating in a research report on Sunday, September 7th. Zacks Research downgraded Inplay Oil Cp from a “hold” rating to a “strong sell” rating in a report on Friday, October 17th. National Bankshares assumed coverage on Inplay Oil Cp in a report on Monday, September 8th. They set an “outperform” rating on the stock. Finally, Roth Capital upgraded Inplay Oil Cp to a “strong-buy” rating in a report on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

About Inplay Oil Cp

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.