InPlay Oil Corp. (OTCMKTS:IPOOF) to Issue Dividend Increase – $0.01 Per Share

InPlay Oil Corp. (OTCMKTS:IPOOF) declared a dividend on Saturday, April 6th, investing.com reports. Shareholders of record on Monday, April 15th will be paid a dividend of 0.0111 per share on Tuesday, April 30th. This represents a yield of 7.21%. The ex-dividend date of this dividend is Friday, April 12th. This is an increase from InPlay Oil’s previous dividend of $0.01.

InPlay Oil Trading Down 1.2 %

Shares of IPOOF opened at $1.85 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.68. The firm has a 50 day simple moving average of $1.71 and a 200-day simple moving average of $1.76. InPlay Oil has a 1-year low of $1.49 and a 1-year high of $2.20. The stock has a market cap of $168.28 million, a price-to-earnings ratio of 5.64 and a beta of 1.61.

InPlay Oil (OTCMKTS:IPOOF) last issued its quarterly earnings data on Wednesday, March 13th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. InPlay Oil had a net margin of 18.60% and a return on equity of 14.11%. The business had revenue of $34.99 million during the quarter, compared to analysts’ expectations of $35.93 million. Equities analysts forecast that InPlay Oil will post 0.21 EPS for the current fiscal year.

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.