InPlay Oil Corp. (TSE:IPO) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
InPlay Oil Corp. reported strong second quarter 2024 results with a 2% increase in production and a significant 22% rise in Adjusted Funds Flow compared to the first quarter, alongside a 15% reduction in net debt. The company also continued its shareholder return strategy, distributing $4.1 million in dividends, reflecting an annual yield of 8.2% based on the quarter-end market capitalization.
For further insights into TSE:IPO stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue