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

Key Points

• InPlay Oil Corp. declared a dividend of $0.09 per share, set to be distributed on August 29, with stockholders of record as of August 15.
• The company's stock opened at C$10.65, with a 12-month price range of C$6.54 to C$13.80 and a market capitalization of approximately C$956.98 million.
• InPlay Oil is based in Calgary and focuses on the acquisition, exploration, and production of petroleum, primarily from light oil assets in West Central Alberta.

InPlay Oil Corp. (TSE:IPO - Get Free Report) declared a aug 25 dividend on Friday, August 15th, RTT News reports. Shareholders of record on Friday, August 15th will be paid a dividend of 0.09 per share on Friday, August 29th. This represents a yield of 1,014.0%. The ex-dividend date is Friday, August 15th.

InPlay Oil Stock Performance

InPlay Oil stock traded up C$0.61 during mid-day trading on Tuesday, reaching C$10.91. 179,707 shares of the company traded hands, compared to its average volume of 57,589. The company has a debt-to-equity ratio of 20.44, a current ratio of 0.61 and a quick ratio of 0.51. InPlay Oil has a fifty-two week low of C$6.54 and a fifty-two week high of C$13.50. The company has a market capitalization of C$980.34 million, a price-to-earnings ratio of 52.08 and a beta of 2.37. The firm's fifty day moving average is C$9.63 and its two-hundred day moving average is C$5.54.

About InPlay Oil

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.