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

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

InPlay Oil Stock Performance

Shares of OTCMKTS IPOOF traded down $0.01 during midday trading on Wednesday, hitting $1.23. 85,368 shares of the stock traded hands, compared to its average volume of 42,106. The firm has a 50-day moving average of $1.45 and a two-hundred day moving average of $1.57. The firm 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 debt-to-equity ratio of 0.19, a quick ratio of 0.75 and a current ratio of 1.00. InPlay Oil has a one year low of $1.22 and a one year high of $1.99.

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

Wall Street Analysts Forecast Growth

Separately, Noble Financial raised InPlay Oil to a “strong-buy” rating in a report on Monday, October 7th.

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.