InPlay Oil Corp. (TSE:IPO) Declares Oct 25 Dividend of $0.09

Key Points

• InPlay Oil Corp. declared a dividend of C$0.09 to be paid on October 31st for shareholders recorded on October 15th.
• Despite the dividend announcement, InPlay Oil's stock experienced a slight decline of 0.3%, trading at C$12.54.
• The company operates in oil development and production, focusing on properties in West Central Alberta, with a market capitalization of C$348.69 million.

InPlay Oil Corp. (TSE:IPO - Get Free Report) declared a oct 25 dividend on Wednesday, October 1st, RTT News reports. Shareholders of record on Wednesday, October 15th will be given a dividend of 0.09 per share on Friday, October 31st.

InPlay Oil Stock Down 0.3%

Shares of IPO stock traded down C$0.04 on Wednesday, hitting C$12.54. 4,257 shares of the stock were exchanged, compared to its average volume of 57,537. The company has a current ratio of 0.61, a quick ratio of 0.51 and a debt-to-equity ratio of 20.44. The firm has a market capitalization of C$348.69 million, a P/E ratio of -83.60 and a beta of 1.09. The business has a 50-day moving average of C$11.46 and a 200 day moving average of C$8.42. InPlay Oil has a fifty-two week low of C$6.54 and a fifty-two week high of C$13.02.

InPlay Oil Company Profile

InPlay Oil Corp is oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta.

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