Gordon Reese - InPlay Oil Vice President - Business Development

IPO Stock  CAD 1.80  0.06  3.45%   

Insider

Gordon Reese is Vice President - Business Development of InPlay Oil Corp
Age 67
Address 2000 ? 350 7th Avenue South West, Calgary, AB, Canada, T2P 3N9
Phone587 955 9570
Webhttps://www.inplayoil.com

InPlay Oil Management Efficiency

The company has return on total asset (ROA) of 0.0445 % which means that it generated a profit of $0.0445 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0908 %, meaning that it generated $0.0908 on every $100 dollars invested by stockholders. InPlay Oil's management efficiency ratios could be used to measure how well InPlay Oil manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.22. At this time, InPlay Oil's Net Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.07, while Total Assets are likely to drop about 270.7 M.
InPlay Oil Corp has accumulated 51.29 M in total debt with debt to equity ratio (D/E) of 1.16, which is about average as compared to similar companies. InPlay Oil Corp has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist InPlay Oil until it has trouble settling it off, either with new capital or with free cash flow. So, InPlay Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like InPlay Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for InPlay to invest in growth at high rates of return. When we think about InPlay Oil's use of debt, we should always consider it together with cash and equity.

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InPlay Oil Corp. engages in the acquisition, exploration, development, and production oil and natural gas properties in Canada. It primarily holds 83 percent working interest in the 33,467 net acres of Cardium rights located in Willesden Green, Alberta 75 percent working interest in 19,494 net acres of Cardium rights in the Drayton Valley, Buck Creek, Cynthia, and Pendryl areas located in Pembina, Alberta 75 percent working interest in 14,823 net acres of Belly River rights in the Knob Hill and Keystone areas located in Pigeon Lake, Alberta 45 percent working interest 49,809 net acres of various rights in the Sylvan Lake and Leslieville areas located in Red Deer, Alberta and 99.8 percent in 30,960 net acres of various rights in the Huxley area located in Duvernay, Alberta. INPLAY OIL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. InPlay Oil Corp (IPO) is traded on Toronto Exchange in Canada and employs 15 people. InPlay Oil is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

InPlay Oil Corp Leadership Team

Elected by the shareholders, the InPlay Oil's board of directors comprises two types of representatives: InPlay Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of InPlay. The board's role is to monitor InPlay Oil's management team and ensure that shareholders' interests are well served. InPlay Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, InPlay Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gordon Reese, Vice President - Business Development
Dennis Nerland, Independent Director
Craig Golinowski, Independent Director
Darren Dittmer, Chief Financial Officer
Thane PEng, Vice Operations
Brent Howard, Vice Operations
Kevin Leonard, Vice Development
Kevin Yakiwchuk, Vice President Exploration
Thane Jensen, Vice President - Operations
Dale Shwed, Independent Director
Michael Sandrelli, Corporate Secretary
Douglas Bartole, Chairman of the Board, President, Chief Executive Officer
Jackie Bentley, Independent Director
Stephen Nikiforuk, Lead Independent Director
Douglas Eng, CEO President

InPlay Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is InPlay Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with InPlay Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if InPlay Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in InPlay Oil will appreciate offsetting losses from the drop in the long position's value.

Moving against InPlay Stock

  0.87FFH Fairfax FinancialPairCorr
  0.81FFH-PC Fairfax Fin HldPairCorr
  0.77ENS E Split CorpPairCorr
  0.74ENS-PA E Split CorpPairCorr
  0.71ENB-PFV Enbridge Pref 5PairCorr
The ability to find closely correlated positions to InPlay Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InPlay Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back InPlay Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling InPlay Oil Corp to buy it.
The correlation of InPlay Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as InPlay Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InPlay Oil Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for InPlay Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in InPlay Stock

InPlay Oil financial ratios help investors to determine whether InPlay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in InPlay with respect to the benefits of owning InPlay Oil security.