InPlay Oil (OTCMKTS:IPOOF - Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.03 earnings per share for the quarter, meeting analysts' consensus estimates of $0.03, Zacks reports. The firm had revenue of $27.82 million for the quarter, compared to analyst estimates of $38.59 million. InPlay Oil had a net margin of 11.66% and a return on equity of 6.39%.
InPlay Oil Price Performance
InPlay Oil stock traded up $0.00 during midday trading on Tuesday, reaching $1.12. The company had a trading volume of 31,079 shares, compared to its average volume of 61,668. The company has a market capitalization of $102.27 million, a P/E ratio of 8.02 and a beta of 1.45. InPlay Oil has a 12-month low of $1.02 and a 12-month high of $1.99. The firm's fifty day simple moving average is $1.17 and its 200-day simple moving average is $1.29. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.61 and a quick ratio of 0.45.
InPlay Oil Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a $0.0104 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from InPlay Oil's previous dividend of $0.01. This represents a yield of 11.57%. InPlay Oil's dividend payout ratio (DPR) is currently 85.71%.
InPlay Oil Company Profile
(
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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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