InPlay Oil Corp. (OTCMKTS:IPOOF) Plans Dividend of $0.01

InPlay Oil Corp. (OTCMKTS:IPOOF) announced a dividend on Saturday, October 5th, investing.com reports. Shareholders of record on Wednesday, October 16th will be paid a dividend of 0.0111 per share on Thursday, October 31st. This represents a yield of 8.62%. The ex-dividend date of this dividend is Tuesday, October 15th. This is a positive change from InPlay Oil’s previous dividend of $0.01.

InPlay Oil Trading Up 1.3 %

Shares of InPlay Oil stock opened at $1.55 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. The firm has a market cap of $139.69 million, a price-to-earnings ratio of 7.75 and a beta of 1.60. InPlay Oil has a twelve month low of $1.42 and a twelve month high of $2.02. The business has a 50-day moving average price of $1.54 and a 200-day moving average price of $1.63.

InPlay Oil (OTCMKTS:IPOOF) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $30.30 million for the quarter, compared to the consensus estimate of $30.58 million. InPlay Oil had a return on equity of 8.94% and a net margin of 15.05%. Equities research analysts anticipate that InPlay Oil will post 0.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Noble Financial raised InPlay Oil to a “strong-buy” rating in a research report on Monday, October 7th.

InPlay Oil Company Profile

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.