InPlay Oil (IPOOF) Projected to Post Quarterly Earnings on Monday

InPlay Oil (OTCMKTS:IPOOF - Get Free Report) is expected to announce its earnings results on Monday, May 19th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $39.30 million for the quarter.

InPlay Oil (OTCMKTS:IPOOF - Get Free Report) last released its quarterly earnings results on Friday, March 14th. The company reported $0.03 earnings per share for the quarter, hitting analysts' consensus estimates of $0.03. InPlay Oil had a return on equity of 6.39% and a net margin of 11.66%. The firm had revenue of $27.82 million during the quarter, compared to the consensus estimate of $38.59 million. On average, analysts expect InPlay Oil to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

InPlay Oil Trading Up 2.9%

OTCMKTS:IPOOF opened at $5.58 on Monday. The company has a market cap of $626.16 million, a P/E ratio of 39.86 and a beta of 0.82. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.19. InPlay Oil has a twelve month low of $0.89 and a twelve month high of $1.85. The business has a 50 day moving average price of $2.40 and a two-hundred day moving average price of $1.63.

InPlay Oil Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th were issued a $0.0105 dividend. This represents a dividend yield of 14.05%. The ex-dividend date was Tuesday, April 15th. This is an increase from InPlay Oil's previous dividend of $0.01. InPlay Oil's dividend payout ratio is presently 150.00%.

About InPlay Oil

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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