InPlay Oil (TSE:IPO) Director Stephen Curtis Nikiforuk Sells 1,480 Shares

InPlay Oil Corp. (TSE:IPO) Director Stephen Curtis Nikiforuk sold 1,480 shares of the business’s stock in a transaction that occurred on Friday, July 3rd. The stock was sold at an average price of C$14.42, for a total value of C$21,341.60. Following the transaction, the director owned 4,000 shares in the company, valued at C$57,680. The trade was a 27.01% decrease in their position.

InPlay Oil Stock Performance

Shares of IPO stock traded up C$0.27 during trading hours on Tuesday, reaching C$14.30. 12,563 shares of the company’s stock were exchanged, compared to its average volume of 113,785. The company has a debt-to-equity ratio of 72.27, a current ratio of 0.82 and a quick ratio of 0.51. The company’s 50 day moving average is C$16.32 and its two-hundred day moving average is C$15.59. The company has a market cap of C$400.49 million, a P/E ratio of -10.44 and a beta of 0.37. InPlay Oil Corp. has a 1 year low of C$9.12 and a 1 year high of C$18.96.

InPlay Oil (TSE:IPO) last announced its quarterly earnings data on Friday, May 8th. The company reported C($1.24) earnings per share for the quarter. The business had revenue of C$31.77 million for the quarter. InPlay Oil had a negative return on equity of 10.86% and a negative net margin of 12.40%. Equities research analysts anticipate that InPlay Oil Corp. will post 0.3500838 EPS for the current fiscal year.

InPlay Oil Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 31st will be given a dividend of $0.09 per share. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Wednesday, July 15th. InPlay Oil’s payout ratio is presently -78.83%.

InPlay Oil Company Profile

InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities.