InPlay Oil

IPOOF

Oil & Gas Exploration & Production · Energy

Price

$10.89

+0.22 (+2.10%)

Market Cap

$305.1M

Exchange

Other OTC

Winston Score

Winston is serious

Below-average fundamentals — multiple weak pillars.

Data as of Aug 9, 2026 · filings through Mar 31, 2026

Share count falling — buybacks

−69.6% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 80.4M (2021) → 24.4M (2025)

InPlay Oil Corp. is a small Canadian oil and gas company that drills for and produces crude oil and natural gas. It focuses on light oil production in Alberta, Canada, mainly in areas like the Cardium and Willesden Green formations. The company sells its oil and gas to energy marketers and refiners in the Canadian market.

InPlay makes money by selling the oil and natural gas it pumps out of the ground. Revenue depends heavily on commodity prices, which can swing sharply from year to year. The company operates entirely in Alberta, making it a small, geographically concentrated producer with a market cap around $300 million. Its thin operating margin of roughly 5% leaves little cushion when oil prices fall. The main growth driver is drilling new wells to increase production, but the biggest risk is a sustained drop in crude oil prices, which would quickly squeeze cash flow and limit the company's ability to fund future drilling.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+98.9% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

-552.6% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (1%)

Research and development spending

Insider Activity

94.0%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$16M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

InPlay Oil grew revenue 99% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

19.7%

Thin — 19.7% gross margin

Operating Margin

9.4%

Modest — 9.4% operating margin

ROCE

1.3%

Weak — 1.3% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+113.4%

Fast-growing sales (+113.4% YoY)

EPS YoY

N/A

Data not available

EPS Consistency

2/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

N/A

Data not available

FCF Margin

-52.6%

Burning cash (-52.6%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.71

Moderate — manageable debt (0.71)

Interest Cover

0.66x

Dangerous — barely covers interest (0.7x)

Interest coverage below 1. Their profits don't cover the interest bill.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

N/M

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield

7.11%

Healthy income — 7.11% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend Growth

-1.0%

Dividend cut (-1.0% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial