InPlay Oil Corp. (IPO) to Issue Monthly Dividend of $0.09 on September 29th

InPlay Oil Corp. (TSE:IPO) declared a monthly dividend on Tuesday, September 15th. Investors of record on Tuesday, September 29th will be given a dividend of 0.09 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date is Tuesday, September 15th.

InPlay Oil Trading Up 0.9%

IPO traded up C$0.17 during mid-day trading on Friday, hitting C$18.17. 77,409 shares of the stock were exchanged, compared to its average volume of 113,399. The firm’s fifty day moving average is C$16.06 and its two-hundred day moving average is C$16.39. InPlay Oil has a 1-year low of C$11.00 and a 1-year high of C$18.96. The company has a market cap of C$502.40 million, a PE ratio of -40.38 and a beta of 0.41. The company has a current ratio of 0.99, a quick ratio of 0.51 and a debt-to-equity ratio of 76.05.

InPlay Oil (TSE:IPO) last issued its quarterly earnings results on Thursday, August 13th. The company reported C$0.78 earnings per share (EPS) for the quarter. The company had revenue of C$248.23 million for the quarter. InPlay Oil had a negative net margin of 4.07% and a negative return on equity of 3.81%. Equities analysts forecast that InPlay Oil will post 0.3500838 earnings per share for the current fiscal year.

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.