Key Points
- Director sold 1,000 shares — Stephen Curtis Nikiforuk sold 1,000 shares at C$18.43 on March 30 for C$18,430, cutting his stake by 22.25% to 3,494 shares (≈C$64,394).
- Monthly dividend declared — InPlay announced a C$0.09 monthly dividend payable March 31 (ex-dividend March 16), implying about a 6.0% yield but with a reported payout ratio of -337.5%, which raises sustainability concerns.
- Market and financial snapshot — Shares opened at C$18.02 (near a 12‑month high of C$18.96) with a market cap of C$502.4M and a negative P/E (-56.31); the latest quarter showed C$1.10 EPS but negative net margin and ROE, and analysts carry a consensus "Buy" with a C$15.70 target.
InPlay Oil Corp. (TSE:IPO - Get Free Report) Director Stephen Curtis Nikiforuk sold 1,000 shares of the stock in a transaction on Monday, March 30th. The stock was sold at an average price of C$18.43, for a total value of C$18,430.00. Following the transaction, the director owned 3,494 shares of the company's stock, valued at approximately C$64,394.42. This represents a 22.25% decrease in their ownership of the stock.
InPlay Oil Stock Down 2.1%
Shares of TSE:IPO opened at C$18.02 on Tuesday. The company has a market capitalization of C$502.38 million, a price-to-earnings ratio of -56.31 and a beta of 0.92. InPlay Oil Corp. has a 12-month low of C$6.54 and a 12-month high of C$18.96. The business has a 50-day moving average price of C$15.94 and a 200 day moving average price of C$13.73. The company has a current ratio of 1.10, a quick ratio of 0.51 and a debt-to-equity ratio of 61.06.
InPlay Oil (TSE:IPO - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported C$1.10 EPS for the quarter. The company had revenue of C$82.94 million for the quarter. InPlay Oil had a negative net margin of 2.79% and a negative return on equity of 2.22%. Sell-side analysts expect that InPlay Oil Corp. will post 0.3500838 EPS for the current year.
InPlay Oil Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be paid a $0.09 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Monday, March 16th. InPlay Oil's payout ratio is -337.50%.
Wall Street Analysts Forecast Growth
Separately, Acumen Capital increased their price objective on shares of InPlay Oil from C$17.00 to C$17.50 and gave the stock a "buy" rating in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$15.70.
View Our Latest Stock Report on IPO
InPlay Oil Company Profile
(
Get Free Report)
InPlay Oil Corp is oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta. It derives revenue from selling its production of crude oil, natural gas and NGLs under variable price contracts.
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