INPLAY OIL CP (OTCMKTS:IPOOF) to Issue Dividend of $0.06

Key Points

• INPLAY OIL CP has declared a dividend of $0.06 per share, with payments set for October 31st to shareholders recorded by October 16th, representing a yield of 868.0%.
• The company's stock price recently opened at $8.94, showing a 2.0% decline, and has experienced a range between a 12-month low of $4.72 and a high of $9.48.
• Analysts have generally rated INPLAY OIL CP positively, with three giving it a Strong Buy rating, indicating strong confidence in the company's future performance.

INPLAY OIL CP (OTCMKTS:IPOOF - Get Free Report) declared a dividend on Friday, October 3rd, investing.com reports. Shareholders of record on Thursday, October 16th will be paid a dividend of 0.0647 per share on Friday, October 31st. This represents a yield of 868.0%. The ex-dividend date is Wednesday, October 15th.

INPLAY OIL CP Stock Down 2.0%

OTCMKTS:IPOOF opened at $8.94 on Friday. INPLAY OIL CP has a 12-month low of $4.72 and a 12-month high of $9.48. The company has a quick ratio of 1.00, a current ratio of 1.20 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $249.87 million, a P/E ratio of -223.22 and a beta of 0.89. The stock's fifty day simple moving average is $8.34 and its 200-day simple moving average is $6.15.

INPLAY OIL CP (OTCMKTS:IPOOF - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.21). The business had revenue of $67.31 million for the quarter, compared to the consensus estimate of $64.71 million. INPLAY OIL CP had a positive return on equity of 1.18% and a negative net margin of 0.63%. Equities research analysts expect that INPLAY OIL CP will post 0.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on IPOOF shares. National Bankshares started coverage on INPLAY OIL CP in a research note on Monday, September 8th. They issued an "outperform" rating on the stock. National Bank Financial raised INPLAY OIL CP to a "strong-buy" rating in a research note on Sunday, September 7th. Roth Capital raised INPLAY OIL CP to a "strong-buy" rating in a research note on Monday, July 14th. Finally, Zacks Research raised INPLAY OIL CP from a "strong sell" rating to a "hold" rating in a research note on Thursday, September 18th. Three analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy".

INPLAY OIL CP Company Profile

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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