InPlay Oil Corp. Announces Monthly Dividend of $0.02 (TSE:IPO)

InPlay Oil Corp. (TSE:IPOGet Free Report) announced a monthly dividend on Tuesday, April 2nd, TickerTech reports. Investors of record on Monday, April 15th will be given a dividend of 0.015 per share on Tuesday, April 30th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date of this dividend is Friday, April 12th.

InPlay Oil Stock Up 2.4 %

IPO stock opened at C$2.53 on Thursday. The firm has a market capitalization of C$228.10 million, a price-to-earnings ratio of 7.03 and a beta of 2.51. InPlay Oil has a fifty-two week low of C$2.03 and a fifty-two week high of C$2.95. The company has a debt-to-equity ratio of 17.42, a quick ratio of 0.51 and a current ratio of 0.93. The company’s 50 day moving average price is C$2.30 and its 200 day moving average price is C$2.39.

InPlay Oil (TSE:IPOGet Free Report) last announced its quarterly earnings results on Wednesday, March 13th. The company reported C$0.13 EPS for the quarter, beating the consensus estimate of C$0.10 by C$0.03. The company had revenue of C$47.63 million for the quarter, compared to analyst estimates of C$47.90 million. InPlay Oil had a net margin of 20.85% and a return on equity of 11.53%. On average, equities research analysts anticipate that InPlay Oil will post 0.2850299 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, ATB Capital decreased their price objective on InPlay Oil from C$4.25 to C$3.75 and set an “outperform” rating for the company in a report on Thursday, January 18th.

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About InPlay Oil

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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.

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Dividend History for InPlay Oil (TSE:IPO)

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