InPlay Oil Corp. (OTCMKTS:IPOOF) Increases Dividend to $0.01 Per Share

InPlay Oil Corp. (OTCMKTS:IPOOF) declared a dividend on Saturday, September 14th, investing.com reports. Shareholders of record on Tuesday, September 17th will be given a dividend of 0.0111 per share on Friday, September 27th. This represents a yield of 8.99%. The ex-dividend date of this dividend is Monday, September 16th. This is a positive change from InPlay Oil’s previous dividend of $0.01.

InPlay Oil Price Performance

IPOOF remained flat at $1.48 during midday trading on Friday. The company’s stock had a trading volume of 70,501 shares, compared to its average volume of 47,475. The firm has a 50 day moving average price of $1.59 and a two-hundred day moving average price of $1.67. The company has a market cap of $134.85 million, a PE ratio of 7.40 and a beta of 1.61. The company has a quick ratio of 0.53, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. InPlay Oil has a fifty-two week low of $1.42 and a fifty-two week high of $2.20.

InPlay Oil (OTCMKTS:IPOOF) last posted its earnings results on Wednesday, August 14th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. InPlay Oil had a return on equity of 8.94% and a net margin of 15.05%. The firm had revenue of $30.30 million for the quarter, compared to the consensus estimate of $30.58 million. Sell-side analysts forecast that InPlay Oil will post 0.13 EPS for the current year.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.