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. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.09 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date is Monday, March 16th.

InPlay Oil Price Performance

Shares of InPlay Oil stock traded down C$0.15 during trading hours on Friday, reaching C$16.62. 40,754 shares of the company’s stock were exchanged, compared to its average volume of 74,637. The business has a fifty day moving average of C$14.84 and a two-hundred day moving average of C$13.24. The company has a market capitalization of C$462.67 million, a P/E ratio of -51.94 and a beta of 0.92. The company has a quick ratio of 0.51, a current ratio of 1.10 and a debt-to-equity ratio of 61.06. InPlay Oil has a 1 year low of C$6.54 and a 1 year high of C$17.47.

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