Bullboard - Stock Discussion Forum InPlay Oil Corp T.IPO

Alternate Symbol(s): IPOOF

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, and undeveloped lands with exploration possibilities. It is engaged in the acquisition, exploration and development of petroleum and... see more

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TSX:IPO - Post Discussion

InPlay Oil Corp > IPO

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Post by baranja on Aug 18, 2023 12:33pm

IPO

There is no need for sellout like this. With oil price like that and production back to normal, this one is solid like rock. Even Divvy is good.
Oh well.

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Comment by goldens on Aug 18, 2023 7:16pm

Since when does the market make any sense? GLTA

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Comment by Suppe11 on Aug 22, 2023 4:47am

I guess, the market realized, that there will be no fcf in Q3, because of higher capex. The divi, while nice, is totally stupid, as long as they have the debt. Priority (over capex + divi) should have been the debt. After that, they could even payca higher divi or grow within their cashflows.

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