INPLAY OIL CP (IPOOF) Projected to Post Earnings on Wednesday

Key Points

• Inplay Oil Cp is set to release its quarterly earnings on August 13, with analysts anticipating earnings of $0.20 per share.
• The company recently increased its dividend to $0.066 per share, yielding an impressive 1,178.0%, up from the previous dividend of $0.07.
• Roth Capital has upgraded Inplay Oil Cp to a "strong-buy" rating, indicating positive sentiment among analysts regarding the stock's potential.

INPLAY OIL CP (OTCMKTS:IPOOF - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Wednesday, August 13th. Analysts expect INPLAY OIL CP to post earnings of $0.20 per share for the quarter.

INPLAY OIL CP Stock Down 0.7%

Shares of IPOOF traded down $0.05 during midday trading on Friday, hitting $7.83. The stock had a trading volume of 8,905 shares, compared to its average volume of 14,016. The firm has a market cap of $218.90 million, a price-to-earnings ratio of 27.02 and a beta of 0.95. The company has a 50 day simple moving average of $7.18 and a two-hundred day simple moving average of $4.18. INPLAY OIL CP has a twelve month low of $4.72 and a twelve month high of $9.84. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.89 and a quick ratio of 0.81.

INPLAY OIL CP Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, July 31st. Shareholders of record on Wednesday, July 16th were paid a $0.066 dividend. This represents a yield of 1,178.0%. The ex-dividend date was Tuesday, July 15th. This is a positive change from INPLAY OIL CP's previous dividend of $0.07. INPLAY OIL CP's dividend payout ratio (DPR) is presently 268.97%.

Wall Street Analysts Forecast Growth

Separately, Roth Capital raised shares of INPLAY OIL CP to a "strong-buy" rating in a research note on Monday, July 14th.

About INPLAY OIL CP

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.