Hi Dan, did you had time to look at them ?
Thanks
IPO financials
Re: IPO financials
Down hard on earnings
ANNOUNCES SECOND QUARTER 2023 FINANCIAL AND OPERATING RESULTS
* UPDATING 2023 ANNUAL AVERAGE PRODUCTION GUIDANCE TO 9,100 TO 9,500 BOE/D
* REALIZED AVERAGE QUARTERLY PRODUCTION OF 8,474 BOE/D (57% LIGHT CRUDE OIL AND NGLS)
* QTRLY ADJUSTED FUNDS FLOW OF $0.25 PER BASIC SHARE
* INPLAY NOW FORECASTS 2023 AFF OF $103 TO $108 MILLION WITH FAFF OF $23 TO $33 MILLION
* QTRLY $0.05 PER DILUTED
Oil and natural gas sales dropped to $39.8 million from $71.3 million while adjusted funds flow sank to $0.24 per diluted share from $0.45 per diluted share.
Total production fell to 8,474 boe/d from 9,063 boe/d. The company paid a dividend of $0.015 per share.
The company said its operations were impacted by the Alberta wildfires, delays in getting new wells on production from extended road bans, and by third party processing facility constraints and turnarounds.
As a result, InPlay updated its 2023 annual average production guidance to 9,100 to 9,500 boe/d.
InPlay said it anticipates stronger crude oil pricing in the second half and will continue to focus on drilling oil-weighted properties to maximize its main revenue-generating commodity.
They more or less hit Dan's numbers in spreadsheet, Might be a good entry point
ANNOUNCES SECOND QUARTER 2023 FINANCIAL AND OPERATING RESULTS
* UPDATING 2023 ANNUAL AVERAGE PRODUCTION GUIDANCE TO 9,100 TO 9,500 BOE/D
* REALIZED AVERAGE QUARTERLY PRODUCTION OF 8,474 BOE/D (57% LIGHT CRUDE OIL AND NGLS)
* QTRLY ADJUSTED FUNDS FLOW OF $0.25 PER BASIC SHARE
* INPLAY NOW FORECASTS 2023 AFF OF $103 TO $108 MILLION WITH FAFF OF $23 TO $33 MILLION
* QTRLY $0.05 PER DILUTED
Oil and natural gas sales dropped to $39.8 million from $71.3 million while adjusted funds flow sank to $0.24 per diluted share from $0.45 per diluted share.
Total production fell to 8,474 boe/d from 9,063 boe/d. The company paid a dividend of $0.015 per share.
The company said its operations were impacted by the Alberta wildfires, delays in getting new wells on production from extended road bans, and by third party processing facility constraints and turnarounds.
As a result, InPlay updated its 2023 annual average production guidance to 9,100 to 9,500 boe/d.
InPlay said it anticipates stronger crude oil pricing in the second half and will continue to focus on drilling oil-weighted properties to maximize its main revenue-generating commodity.
They more or less hit Dan's numbers in spreadsheet, Might be a good entry point