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.
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)
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)
(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.
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.
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.
(A Top Pick Apr 7/17, Down 22%) They have done a great job. They are completing their current well in Q2. He recommends buying it on weakness.
This is a smaller company. A Cardium player in Western Canada. They have a good team. It is currently doing 3600 BOE’s a day and will be north of 4000-4200 by the end of the year. His 12-month target is $3.60. BV is $3. How many times do you buy a good growing company with a good balance sheet that is trading below BV? (Analysts price target is $3.25.)
This is a smaller company. A Cardium player in Western Canada. They have a good team. It is currently doing 3600 BOE’s a day and will be north of 4000-4200 by the end of the year. His 12-month target is $3.60. BV is $3. How many times do you buy a good growing company with a good balance sheet that is trading below BV? (Analysts price target is $3.25.)
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
In the last year, 3 stock analysts published opinions about IPO-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for InPlay Oil Corp.
InPlay Oil Corp was recommended as a Top Pick by Josef Schachter on 2020-06-23. Read the latest stock experts ratings for InPlay Oil Corp.
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.
3 stock analysts on Stockchase covered InPlay Oil Corp In the last year. It is a trending stock that is worth watching.
On 2021-01-21, InPlay Oil Corp (IPO-T) stock closed at a price of $0.36.