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

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

InPlay Oil Stock Down 0.8 %

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

InPlay Oil (OTCMKTS:IPOOF) last released its earnings results on Wednesday, August 14th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $30.30 million during the quarter, compared to the consensus estimate of $30.58 million. InPlay Oil had a net margin of 15.05% and a return on equity of 8.94%. On average, equities research analysts expect that InPlay Oil will post 0.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Noble Financial upgraded shares of InPlay Oil to a “strong-buy” rating in a 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.