InPlay Oil (OTCMKTS:IPOOF) Announces Earnings Results, Meets Estimates

InPlay Oil (OTCMKTS:IPOOFGet Free Report) announced its quarterly earnings results on Friday. The company reported $0.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.03, Zacks reports. InPlay Oil had a return on equity of 6.39% and a net margin of 11.66%. The company had revenue of $27.82 million for the quarter, compared to the consensus estimate of $38.59 million.

InPlay Oil Stock Performance

Shares of IPOOF opened at $1.11 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average price is $1.17 and its 200-day moving average price is $1.29. InPlay Oil has a 52 week low of $1.02 and a 52 week high of $1.99. The stock has a market cap of $100.63 million, a P/E ratio of 7.89 and a beta of 1.45.

InPlay Oil Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.0104 per share. This represents a yield of 11.57%. This is a boost from InPlay Oil’s previous dividend of $0.01. The ex-dividend date of this dividend is Friday, March 14th. InPlay Oil’s payout ratio is presently 85.71%.

About InPlay Oil

(Get Free Report)

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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Earnings History for InPlay Oil (OTCMKTS:IPOOF)

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