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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (61889)	7/25/2019 8:14:41 PM
From: Goose94	Read Replies (2) \| Respond to of 202923

InPlay Oil (IPO-T) you know the story. Josef Schachter This $42-million market cap company reported production of 4,737 barrels of oil equivalent per day (boe/d) in Q1/19 (70 per cent liquids). Their recent release has them at 5,100 boe/d. Their core area is the Cardium, with a growing land position in the emerging Duvernay oil hot play area. Book value is $2.71 per share and our one-year target is $1.80 per share. Cash flow per share this year is estimated at over $0.55 per share and we forecast production averaging 5,100 boe/d in 2019 with a Q4/19 production level of over 5,500 boe/d. Debt is only $50 million against Q1/19 equity of $185 million. Compared to most other Canadian energy companies, this one has the highest liquids volume growth projection in 2019.