InPlay Oil (OTCMKTS:IPOOF) Issues Quarterly Earnings Results

InPlay Oil (OTCMKTS:IPOOF) released its quarterly earnings data on Friday. The company reported $0.03 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.03, Zacks reports. InPlay Oil had a return on equity of 6.39% and a net margin of 11.66%.

InPlay Oil Trading Down 0.9 %

InPlay Oil stock opened at $1.10 on Friday. The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 0.19. The stock’s 50 day simple moving average is $1.17 and its two-hundred day simple moving average is $1.30. InPlay Oil has a 12 month low of $1.02 and a 12 month high of $1.99. The firm has a market cap of $100.18 million, a PE ratio of 7.86 and a beta of 1.45.

InPlay Oil Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.0104 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from InPlay Oil’s previous dividend of $0.01. This represents a yield of 11.57%. InPlay Oil’s payout ratio is presently 85.71%.

About InPlay Oil

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.