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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

InPlay Oil Corp (IPO) is a small cap oil and gas company that has seen a decline in revenues in 2023 and has missed revenue and EPS forecasts for the last three quarters. However, it offers a high yield at 7.7% and is cheap on a forward price-to-earnings basis at 7.6x. With no cash and minimal debt on its balance sheet, the company pays out around 16% of its cash from operations in dividends, making it an attractive income investment. Overall, it is seen as a moderate buy for oil and income exposure.

Consensus
Moderate
Valuation
Undervalued
BUY
InPlay Oil Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

IPO is a small cap oil and gas company. It is down about 10% over the last year, but has been trending up year-to-date. IPO also pays out a high yield at 7.7% and is cheap on a forward price-to-earnings basis at 7.6x. Revenues have been on the decline in 2023 while revenue and EPS have both missed forecasts for the last three quarters. The company has no cash but also minimal debt on its balance sheet with a debt-to-equity ratio of 0.15x. IPO pays out around 16% of its cash from operations in dividends over the last twelve months which is high, but attractive for income. We would say it is a good option tied to the price of oil and it offers investors an attractive income investment while being cheap on a forward earnings basis as well. We would say it is a moderate buy for oil and income exposure.  
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Energy
BUY ON WEAKNESS
InPlay Oil Corp
Have been increasing production aggressively. They just acquired a company to add to their production. This acquisition should help them move from small cap to mid cap. It has had a nice move up from there. Looks attractive. Waiting for a pull-back.
Energy
BUY
InPlay Oil Corp
Small oil producer. Good solid company. Caveat is that it's small. Extremely cheap. A buy here. Will appreciate in the next year.
Energy
DON'T BUY
InPlay Oil Corp
It rose 4x since the mid-March low. Production is and will shut down in Q2 and Q3, and won't return until Q4. They are seeking financial support from the EDC and BDC, which are not giving support to any Canadian oil companies. There needs to be more support though reports today say that the rules of eligibility will change. IPO also needs higher oil prices, which he expects in Q4.
Energy
WAIT
InPlay Oil Corp
He likes the management team and the assets. They recently took a $60 million impairment, which knocked their equity to $57 million, while debt is $53 million. They will probably be looking for Federal loans to provide solvency support. He would wait to see how it performs, perhaps into tax-loss selling later in the year.
Energy
BUY
InPlay Oil Corp
A very small cap stock under $10M with debt over $50M. 66% of their production is liquids; the rest is nat. gas. They'll likely cut back production, but if they can keep production flat and free up some cash flow to pay the debt, they may get supports from their lenders. They'll be a long-term viable player. A good operator.
Energy
HOLD
InPlay Oil Corp

CR-T vs IPO-T? He owns CR-T, whose production is 29% liquids. IPO-T is focused on 66% liquids. He likes both and they are very cheap. He would add to holdings on both. Both have good balance sheets. CR-T is buying back shares as well.

Energy
PAST TOP PICK
InPlay Oil Corp
(A Top Pick Oct 09/18, Down 55%) He has a one year target of $1.60. Debt is not a problem. He thinks this is a cheap stock. This is a buy today on weakness.
Energy
TOP PICK
InPlay Oil Corp
About 70% liquids. Working on bringing in 4 more wells by years end. One of the few juniors where he sees decent growth. Balance sheet in good shape. Good management. Ridiculously cheap. No dividend. (Analysts’ price target is $1.99)
Energy
TOP PICK
InPlay Oil Corp
Small cap. Focused on the cardium. Book value is $2.69. No debt issue. Trading under 2x cash flow. Quite a bit of upside. Target of $2.50. Clean balance sheet. 10% volume growth, on of the few western Canadian energy companies that will have growth in 2019. No dividend. (Analysts’ price target is $2.14)
Energy
BUY
InPlay Oil Corp
29% debt to book value. $2.81 is their book value. He thinks they will increase production in the fourth quarter. (Guest's target: $2.50).
Energy
TOP PICK
InPlay Oil Corp

They are in the Cardium formation. They sold a non-core asset and will use the proceeds to accelerate their Cardium program. He expects production to rise from 4900 to 5100 boe by the end of the year. Cash flow this year was about 53 cents. The balance sheet is in good shape. His 12-month price target is $3.60. Yield 0%.(Analysts’ price target is $2.92)

Energy
PAST TOP PICK
InPlay Oil Corp

(A Top Pick April 7/17 Down 31%). This is a Cardium oil play and should exit 2018 at 4800 boed. He likes the leadership. He would buy this at $1.44 and continues to wait to buy on weakness.

Energy
BUY
InPlay Oil Corp

He likes it. 72% is oil and liquids. They have a nice land spread and they have land value appreciation already. They know what they are doing.

Energy
COMMENT
InPlay Oil Corp

The $1.66 level is quite interesting. Once it gets by that, the next level would be the high $1.90 area. It has just got above its 200-day moving average, which is reasonably positive.

Energy
Showing 1 to 15 of 17 entries

InPlay Oil Corp(IPO-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for InPlay Oil Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

InPlay Oil Corp(IPO-T) Frequently Asked Questions

What is InPlay Oil Corp stock symbol?

InPlay Oil Corp is a Canadian stock, trading under the symbol IPO-T on the Toronto Stock Exchange (IPO-CT). It is usually referred to as TSX:IPO or IPO-T

Is InPlay Oil Corp a buy or a sell?

In the last year, 1 stock analyst published opinions about IPO-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for InPlay Oil Corp.

Is InPlay Oil Corp a good investment or a top pick?

InPlay Oil Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for InPlay Oil Corp.

Why is InPlay Oil Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is InPlay Oil Corp worth watching?

1 stock analyst on Stockchase covered InPlay Oil Corp In the last year. It is a trending stock that is worth watching.

What is InPlay Oil Corp stock price?

On 2024-05-17, InPlay Oil Corp (IPO-T) stock closed at a price of $2.3.