Risk factor
Meaningful price volatility
Profitability factor
Undervalued vs peers
About
InPlay Oil Corp. is a Canadian energy firm primarily engaged in the exploration, development, acquisition, and extraction of oil and natural gas reserves. The company's operations encompass the production and sale of crude oil, natural gas, and natural gas liquids. A core focus of its asset portfolio lies within the Cardium formation in West Central Alberta, particularly in the Pembina and Willesden Green fields. Furthermore, InPlay Oil maintains investments in the Belly River light oil property and the Duvernay light oil play. Its corporate headquarters are situated in Calgary, Canada.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is undervalued on EV/EBITDA.
Target Price
The average target price of IPO.TO is 27 and suggests 60% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa