InPlay Oil Corp. (IPO) To Go Ex-Dividend on February 13th

InPlay Oil Corp. (TSE:IPO) declared a monthly dividend on Friday, February 13th, TickerTech Dividends reports. Shareholders of record on Friday, February 27th will be given a dividend of 0.09 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Friday, February 13th.

InPlay Oil Stock Performance

Shares of TSE IPO opened at C$15.12 on Friday. The firm’s 50-day moving average price is C$13.41 and its 200-day moving average price is C$12.55. InPlay Oil has a 52-week low of C$6.54 and a 52-week high of C$16.01. The company has a market cap of C$420.91 million, a PE ratio of 302.40 and a beta of 1.05. The company has a quick ratio of 0.51, a current ratio of 0.61 and a debt-to-equity ratio of 20.44.

Analyst Ratings Changes

IPO has been the subject of a number of research reports. Canaccord Genuity Group boosted their target price on shares of InPlay Oil from C$14.00 to C$15.00 in a research note on Thursday, November 13th. National Bank Financial reduced their price objective on InPlay Oil from C$16.00 to C$15.00 and set an “outperform” rating for the company in a research report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$15.25.

InPlay Oil Company Profile

InPlay Oil Corp is oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company’s operations are focused on a concentrated light oil asset base located in West Central Alberta. It derives revenue from selling its production of crude oil, natural gas and NGLs under variable price contracts.