InPlay Oil Corp. (T:IPO)
Business Focus: Oil & Gas Exploration and Production (NEC)
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
| Company Contact | |
| Address: | 2000, 350 - 7th Avenue S.W CALGARY AB T2P 3N9 |
| Tel: | N/A |
| Website: | https://www.inplayoil.com |
| IR: | See website |
| Key People | ||
| Douglas J. Bartole President, Chief Executive Officer, Director | Darren Dittmer Chief Financial Officer | Thane A. E. Jensen Vice President - Operations |
| Kevin W. Yakiwchuk Vice President - Exploration | Gordon L. Reese Vice President - Business Development | Michael Sandrelli Corporate Secretary |
| Business Overview |
| InPlay Oil Corp. is a Canada-based junior oil and gas exploration and production company with operations in Alberta focused on light oil production. It operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential, as well as undeveloped lands with exploration possibilities. It is engaged in the acquisition, exploration and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas and natural gas liquids. Its operations are focused on its concentrated light oil asset base located in West Central Alberta. Its primary target is the Cardium Formation within the Pembina and Willesden Green pools. Its Belly River light oil property is located on the east side of the Pembina Cardium Pool. It holds rights to an evolving Duvernay light oil play that offers potential material upside to the Company. Its Cardium assets are located in West Central Alberta focused on the Pembina and Willesden Green pools. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, InPlay Oil Corp revenues decreased 22% to C$156.9M. Net income decreased 61% to C$32.7M. Revenues reflect Natural Gas - Production - Total decrease of 3% to 8.34B cubic feet, Oil Equivalent Production (Units/day) - decrease of 1% to 9K barrels per day, Oil and natural gas sales decrease of 25% to C$179.4M. Net income also reflects Production Costs per Unit - Average - To increase of 12% to C$16 per barrel. |
| Employees: | 30 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | N/A |
| Annual revenue (TTM): | $156.85M as of Dec 31, 2023 |
| EBITDA (TTM): | $85.39M as of Dec 31, 2023 |
| Net annual income (TTM): | $32.70M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$14.91M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $51.29M as of Dec 31, 2023 |
| Shares outstanding: | 91,112,601 as of Mar 6, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
