Inplay Oil Cp (IPOOF) Projected to Post Quarterly Earnings on Thursday

Inplay Oil Cp (OTCMKTS:IPOOF) is anticipated to issue its resultson Thursday, August 13th. Analysts expect Inplay Oil Cp to post earnings of $0.48 per share and revenue of $85.8820 million for the quarter.

Inplay Oil Cp Price Performance

Shares of IPOOF stock opened at $11.39 on Tuesday. Inplay Oil Cp has a fifty-two week low of $7.64 and a fifty-two week high of $13.66. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.72 and a current ratio of 0.82. The firm has a market capitalization of $317.27 million, a price-to-earnings ratio of -10.80 and a beta of 0.43. The stock’s 50-day simple moving average is $10.85 and its 200-day simple moving average is $11.57.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Inplay Oil Cp from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Inplay Oil Cp presently has a consensus rating of “Moderate Buy”.

About Inplay Oil Cp

InPlay Oil Corp (OTCMKTS: IPOOF) is a Calgary-based exploration and production company focused on the development of oil and natural gas assets in Western Canada. The company’s primary operations are centered in the Montney and Charlie Lake formations of Alberta and northeast British Columbia, where it holds a significant land position. InPlay’s strategy emphasizes liquids-rich natural gas and condensate production, leveraging horizontal drilling and multi-stage completion techniques to enhance well performance and resource recovery.

InPlay’s asset portfolio comprises both established conventional reservoirs and emerging unconventional plays.