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 business’s stock in a transaction on Friday, July 3rd. The shares were sold at an average price of C$14.42, for a total transaction of C$21,341.60. Following the sale, the director directly owned 4,000 shares of the company’s stock, valued at approximately C$57,680. The trade was a 27.01% decrease in their position.

InPlay Oil Stock Performance

InPlay Oil stock traded down C$0.23 during trading on Monday, reaching C$14.10. The company had a trading volume of 33,020 shares, compared to its average volume of 114,529. The firm has a market capitalization of C$394.88 million, a price-to-earnings ratio of -10.29 and a beta of 0.37. The company has a current ratio of 0.82, a quick ratio of 0.51 and a debt-to-equity ratio of 72.27. The firm’s 50-day simple moving average is C$16.36 and its 200 day simple moving average is C$15.57. InPlay Oil Corp. has a 52 week low of C$9.09 and a 52 week high of C$18.96.

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

InPlay Oil Dividend Announcement

The company 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 $0.09 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. InPlay Oil’s dividend payout ratio is -78.83%.

About InPlay Oil

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.