IPOOF

IPOOF

Postby sundance » Thu Sep 08, 2022 2:56 pm

Know of any particular reason, other than oil price drop, why IPOOF has declined significantly recently?
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Re: IPOOF

Postby dan_s » Thu Sep 08, 2022 3:24 pm

No reason other than the pullback in commodity prices. InPlay is going to report strong production growth in Q3 and Q4 and it continues to generate lots of free cash flow from operations. The Company should generate over $80Cdn million of FCF this year. The balance sheet is now in very good shape and they have lots of "running room" with hundreds of low-risk / high-return development drilling locations. At $80/WTI, InPlay's horizontal wells payout in 6-7 months.

I just finished my review of the Diamondback + Viper profile, so InPlay is next on my list.
Dan Steffens
Energy Prospectus Group
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