InPlay Oil Corp. (IPO) to Issue Monthly Dividend of $0.09 on March 31st

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Monday, March 16th, TickerTech Dividends reports. Investors of record on Tuesday, March 31st will be given a dividend of 0.09 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Monday, March 16th.

InPlay Oil Stock Performance

InPlay Oil stock traded down C$0.15 during mid-day trading on Friday, reaching C$16.62. 40,754 shares of the stock traded hands, compared to its average volume of 74,637. InPlay Oil has a 12-month low of C$6.54 and a 12-month high of C$17.47. The business’s 50-day moving average is C$14.84 and its 200-day moving average is C$13.24. The company has a debt-to-equity ratio of 61.06, a current ratio of 1.10 and a quick ratio of 0.51. The stock has a market capitalization of C$462.67 million, a PE ratio of -51.94 and a beta of 0.92.

InPlay Oil (TSE:IPO) last announced its earnings results on Thursday, March 5th. The company reported C$1.10 earnings per share (EPS) for the quarter. InPlay Oil had a negative return on equity of 2.22% and a negative net margin of 2.79%.The business had revenue of C$82.94 million for the quarter. As a group, sell-side analysts predict that InPlay Oil will post 0.3500838 EPS for the current fiscal year.

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.