Beacon Securities Weighs in on InPlay Oil Corp’s Q4 2018 Earnings (IPO)
InPlay Oil Corp (TSE:IPO) – Investment analysts at Beacon Securities reduced their Q4 2018 earnings per share (EPS) estimates for shares of InPlay Oil in a note issued to investors on Tuesday, November 13th, Zacks Investment Research reports. Beacon Securities analyst K. Wilson now expects that the company will post earnings of $0.01 per share for the quarter, down from their previous forecast of $0.04. Beacon Securities also issued estimates for InPlay Oil’s FY2019 earnings at $0.14 EPS.
A number of other equities analysts have also weighed in on IPO. Laurentian boosted their price objective on InPlay Oil from C$3.00 to C$3.25 in a research note on Friday, September 14th. National Bank Financial reissued an “outperform” rating and set a C$3.00 price objective on shares of InPlay Oil in a research note on Tuesday, October 30th.
About InPlay Oil
Inplay Oil Corp. engages in the acquisition, exploration, and development of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It primarily holds interests in the Caradium Formation in the Pembina and Willesden Green pools located in West Central Alberta.
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