InPlay Oil Q3 production more than doubles on deal boost

InPlay Oil

12/11/2025 12:39

Overview

InPlay Oil Q3 production averaged 18,970 boe/d

Adjusted funds flow increased 104% from Q3 2024, despite a 14% decline in WTI prices

Company reduces 2025 capital spending to lower end of guidance, C$53 mln

Outlook

InPlay Oil raises 2025 production guidance to 16,900-17,100 boe/d

Company expects strong free adjusted funds flow in Q4 2025

InPlay Oil sees potential price recovery in 2026 due to low U.S. inventories

Result Drivers

ACQUISITION IMPACT - Acquisition of Cardium-focused light oil assets in Pembina boosted production and performance

DRILLING EFFICIENCY - Efficient drilling techniques led to strong well performance and 20% capital cost reductions

PRODUCTION GUIDANCE INCREASE - Outperformance of base production and drilling program led to increased 2025 production guidance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$79,300
Q3 Operating Income
C$34.67 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for InPlay Oil Corp is C$14.50, about 9.7% above its November 11 closing price of C$13.10

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nCNWMn18Ha

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)