InPlay Oil (IPOOF) Update - April 15
Posted: Wed Apr 14, 2021 11:34 am
InPlay Oil is hosting our webinar tomorrow at 11AM CT.
It is one of my Top Picks in our Small-Cap Growth Portfolio. It is heavily weighted to light oil and if WTI stays over $60/bbl InPlay will generate a lot for free cash flow from operations this year. Their production has already bounced back to pre-pandemic volumes (4,800 Boepd in Q1 2021) and they are heading to an exit rate of more than 30% year-over-year production growth.
I urge all of you to attend the live webinar so you can hear why my valuation is more than double where the company's shares are trading today. There is nothing in my valuation for the HUGE upside potential that InPlay has in the East Basin Duvernay Shale play.
It is one of my Top Picks in our Small-Cap Growth Portfolio. It is heavily weighted to light oil and if WTI stays over $60/bbl InPlay will generate a lot for free cash flow from operations this year. Their production has already bounced back to pre-pandemic volumes (4,800 Boepd in Q1 2021) and they are heading to an exit rate of more than 30% year-over-year production growth.
I urge all of you to attend the live webinar so you can hear why my valuation is more than double where the company's shares are trading today. There is nothing in my valuation for the HUGE upside potential that InPlay has in the East Basin Duvernay Shale play.