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

InPlay Oil Corp. (OTCMKTS:IPOOF) announced a dividend on Wednesday, November 13th,investing.com reports. Shareholders of record on Monday, November 18th will be given a dividend of 0.0108 per share on Friday, November 29th. This represents a yield of 10.5%. The ex-dividend date is Friday, November 15th.

InPlay Oil Stock Down 0.8 %

Shares of OTCMKTS IPOOF traded down $0.01 during mid-day trading on Wednesday, hitting $1.23. The company had a trading volume of 85,368 shares, compared to its average volume of 42,106. The business’s 50-day simple moving average is $1.45 and its 200 day simple moving average is $1.57. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.00 and a quick ratio of 0.75. InPlay Oil has a 1-year low of $1.22 and a 1-year high of $1.99. The company has a market capitalization of $110.85 million, a PE ratio of 6.15 and a beta of 1.62.

InPlay Oil (OTCMKTS:IPOOF) last issued its quarterly earnings results 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. InPlay Oil had a net margin of 15.05% and a return on equity of 8.94%. The company had revenue of $30.30 million during the quarter, compared to the consensus estimate of $30.58 million. On average, analysts predict that InPlay Oil will post 0.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Noble Financial upgraded shares of InPlay Oil to a “strong-buy” rating in a research note 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.