Stephen Curtis Nikiforuk Sells 1,480 Shares of InPlay Oil (TSE:IPO) Stock

InPlay Oil Corp. (TSE:IPO) Director Stephen Curtis Nikiforuk sold 1,480 shares of the stock in a transaction dated Friday, July 3rd. The stock was sold at an average price of C$14.42, for a total transaction of C$21,341.60. Following the completion of the sale, the director directly owned 4,000 shares in the company, valued at approximately C$57,680. The trade was a 27.01% decrease in their ownership of the stock.

InPlay Oil Trading Up 2.6%

InPlay Oil stock opened at C$14.40 on Wednesday. The company has a debt-to-equity ratio of 72.27, a quick ratio of 0.51 and a current ratio of 0.82. InPlay Oil Corp. has a fifty-two week low of C$9.12 and a fifty-two week high of C$18.96. The stock has a market cap of C$403.29 million, a P/E ratio of -10.51 and a beta of 0.37. The firm’s fifty day moving average price is C$16.29 and its 200-day moving average price is C$15.60.

InPlay Oil (TSE:IPO) last announced its earnings results on Friday, May 8th. The company reported C($1.24) earnings per share (EPS) for the quarter. InPlay Oil had a negative net margin of 12.40% and a negative return on equity of 10.86%. The company had revenue of C$31.77 million for the quarter. Equities research analysts forecast that InPlay Oil Corp. will post 0.3500838 earnings per share for the current fiscal year.

InPlay Oil Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 31st will be paid a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Wednesday, July 15th. InPlay Oil’s dividend payout ratio (DPR) is -78.83%.

InPlay Oil Company Profile

InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities.