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

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 Price Performance

Shares of IPOOF traded down $0.01 during trading hours on Wednesday, hitting $1.23. The stock had a trading volume of 85,368 shares, compared to its average volume of 42,106. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.00 and a quick ratio of 0.75. The company’s fifty day moving average is $1.45 and its two-hundred day moving average is $1.57. InPlay Oil has a 52 week low of $1.22 and a 52 week high of $1.99. The stock has a market capitalization of $110.85 million, a price-to-earnings ratio of 6.15 and a beta of 1.62.

InPlay Oil (OTCMKTS:IPOOF) last posted its earnings results on Wednesday, August 14th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company 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, analysts anticipate that InPlay Oil will post 0.14 EPS for the current year.

Analyst Ratings Changes

Separately, Noble Financial upgraded 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.