InPlay Oil Corp. (IPOOF) to Issue Dividend of $0.01 on November 29th

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

InPlay Oil Trading Down 0.8 %

Shares of IPOOF stock traded down $0.01 on Wednesday, reaching $1.23. 85,368 shares of the stock were exchanged, compared to its average volume of 42,106. The firm has a 50 day moving average of $1.45 and a two-hundred day moving average of $1.57. The company has a quick ratio of 0.75, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. InPlay Oil has a 1-year low of $1.22 and a 1-year high of $1.99. The stock has a market cap of $110.85 million, a P/E ratio of 6.15 and a beta of 1.62.

InPlay Oil (OTCMKTS:IPOOF) last announced its quarterly 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. The firm had revenue of $30.30 million during the quarter, compared to analysts’ expectations of $30.58 million. InPlay Oil had a net margin of 15.05% and a return on equity of 8.94%. On average, research analysts anticipate that InPlay Oil will post 0.14 EPS for the current year.

Analysts Set New Price Targets

Separately, Noble Financial raised shares of 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.