Latest news with #InPlayOil
CTV News
08-07-2025
- CTV News
4 charged in Evansburg oil lease site break-in
Four people face charges for breaking into an oil lease site near Evansburg on Sunday. Security for InPlay Oil alerted police, who arrested the two men and two women. Mounties called them 'prolific offenders.' They face charges related to the break-in, as well as failing to comply with release orders. They were given July court dates.
Yahoo
26-06-2025
- Business
- Yahoo
InPlay Oil Corp. Announces Annual Meeting Voting Results for Election of Directors
CALGARY, AB , June 25, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announced today the voting results for the election of directors at its annual meeting of shareholders held on June 25, 2025 (the "Meeting"). The following eight nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favour of individual nominees as follows: DirectorPercentage ApprovalPercentage Withheld Douglas Bartole99.73 %0.27 % Regan Davis99.64 %0.36 % Joan Dunne94.73 %5.27 % Craig Golinowski99.70 %0.30 % Stephen Loukas92.94 %7.06 % Stephen Nikiforuk94.71 %5.29 % Peter Scott99.86 %0.14 % Dale Shwed99.66 %0.34 % In addition, all other resolutions presented at the Meeting were approved by InPlay's shareholders, including the appointment of PriceWaterhouseCoopers LLP as auditors, InPlay's restricted and performance award incentive plan and the settlement from treasury of incentive awards previously granted thereunder and the approval the unallocated options issuable under InPlay's share option plan. For complete voting results, please see our Report of Voting Results which is available through SEDAR+ at InPlay is based in Calgary, Alberta and the common shares of InPlay are traded on the Toronto Stock Exchange under the trading symbol "IPO". For further information about InPlay, please visit our website at SOURCE InPlay Oil Corp. View original content to download multimedia:
Yahoo
17-05-2025
- Business
- Yahoo
Weak Statutory Earnings May Not Tell The Whole Story For InPlay Oil (TSE:IPO)
Despite InPlay Oil Corp.'s (TSE:IPO) recent earnings report having lackluster headline numbers, the market responded positively. We think that shareholders might be missing some concerning factors that our analysis found. Our free stock report includes 4 warning signs investors should be aware of before investing in InPlay Oil. Read for free now. In order to understand the potential for per share returns, it is essential to consider how much a company is diluting shareholders. In fact, InPlay Oil increased the number of shares on issue by 86% over the last twelve months by issuing new shares. That means its earnings are split among a greater number of shares. To celebrate net income while ignoring dilution is like rejoicing because you have a single slice of a larger pizza, but ignoring the fact that the pizza is now cut into many more slices. You can see a chart of InPlay Oil's EPS by clicking here. Unfortunately, InPlay Oil's profit is down 97% per year over three years. Even looking at the last year, profit was still down 80%. Sadly, earnings per share fell further, down a full 81% in that time. And so, you can see quite clearly that dilution is having a rather significant impact on shareholders. If InPlay Oil's EPS can grow over time then that drastically improves the chances of the share price moving in the same direction. But on the other hand, we'd be far less excited to learn profit (but not EPS) was improving. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. InPlay Oil issued shares during the year, and that means its EPS performance lags its net income growth. As a result, we think it may well be the case that InPlay Oil's underlying earnings power is lower than its statutory profit. In further bad news, its earnings per share decreased in the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. If you'd like to know more about InPlay Oil as a business, it's important to be aware of any risks it's facing. To help with this, we've discovered 4 warning signs (2 can't be ignored!) that you ought to be aware of before buying any shares in InPlay Oil. This note has only looked at a single factor that sheds light on the nature of InPlay Oil's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
Canadian oil and gas CEOs avoiding 'rash' decisions during price rout
By Amanda Stephenson TORONTO (Reuters) - The CEOs of two Canadian oil and gas producers said on Tuesday they are seeking to avoid making rash decisions, as global oil prices hover around four-year lows and recession fears grow. Doug Bartole, CEO of Calgary-based InPlay Oil, said his company does not foresee reducing production or capital spending in the short term, despite the recent tariff-related fall in oil prices. "Don't make any rash decisions. Let's take a longer view of things and see where it all settles out," Bartole said in an interview in Toronto. But he said that could change if oil continues its slide. "I think $50 oil would change things a bit more, obviously," Bartole said. "We can easily pull back capital. We're a small company, we're nimble. We make decisions quick." Brent futures and West Texas Intermediate crude futures have slumped since U.S. President Donald Trump's April 2 announcement of broad tariffs. Oil prices steadied on Tuesday as a recovery in equity markets was outweighed by recession fears exacerbated by trade conflict between the United States and China, the world's two biggest economies. Brent futures were up 33 cents, or 0.5%, at $64.54 a barrel at 1400 GMT. WTI crude futures rose 41 cents, or 0.7%, to $61.11. Chris Carlsen, CEO of Canadian natural gas producer Birchcliff Energy, said the sector is concerned about the potential for a global recession, though he said many Canadian companies are well-positioned to handle a $60 oil price environment. He said the slide in oil prices could benefit natural gas producers in the long term if it leads to an overall reduction in North American drilling. "When they're drilling less oil, there's less associated gas with that, which means we could be short on the natural gas production side," Carlsen said. Sign in to access your portfolio
Reuters
08-04-2025
- Business
- Reuters
Canadian oil and gas CEOs avoiding 'rash' decisions during price rout
TORONTO, April 8 (Reuters) - The CEOs of two Canadian oil and gas producers said on Tuesday they are seeking to avoid making rash decisions, as global oil prices hover around four-year lows and recession fears grow. Doug Bartole, CEO of Calgary-based InPlay Oil ( opens new tab, said his company does not foresee reducing production or capital spending in the short term, despite the recent tariff-related fall in oil prices. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. "Don't make any rash decisions. Let's take a longer view of things and see where it all settles out," Bartole said in an interview in Toronto. But he said that could change if oil continues its slide. "I think $50 oil would change things a bit more, obviously," Bartole said. "We can easily pull back capital. We're a small company, we're nimble. We make decisions quick." Brent futures and West Texas Intermediate crude futures have slumped since U.S. President Donald Trump's April 2 announcement of broad tariffs. Oil prices steadied on Tuesday as a recovery in equity markets was outweighed by recession fears exacerbated by trade conflict between the United States and China, the world's two biggest economies. Brent futures were up 33 cents, or 0.5%, at $64.54 a barrel at 1400 GMT. WTI crude futures rose 41 cents, or 0.7%, to $61.11. Chris Carlsen, CEO of Canadian natural gas producer Birchcliff Energy ( opens new tab, said the sector is concerned about the potential for a global recession, though he said many Canadian companies are well-positioned to handle a $60 oil price environment. He said the slide in oil prices could benefit natural gas producers in the long term if it leads to an overall reduction in North American drilling. "When they're drilling less oil, there's less associated gas with that, which means we could be short on the natural gas production side," Carlsen said.
