Inplay Oil Cp (IPOOF) Projected to Post Earnings on Friday

Inplay Oil Cp (OTCMKTS:IPOOF) is expected to be issuing its results before the market opens on Friday, March 13th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $62.88 million for the quarter.

Inplay Oil Cp Stock Performance

Shares of IPOOF opened at $12.46 on Friday. Inplay Oil Cp has a 1 year low of $4.72 and a 1 year high of $12.51. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.84 and a quick ratio of 0.66. The stock’s fifty day moving average price is $10.46 and its two-hundred day moving average price is $9.41. The firm has a market cap of $348.66 million, a PE ratio of -73.28 and a beta of 0.70.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Inplay Oil Cp from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “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.