InPlay Oil Corp. Reports Q3 Revenue of C$118.8 Million and GAAP EPS of -C$0.08
InPlay Oil Corp. (TSX: IPO) has released its third-quarter financial results, reporting a GAAP earnings per share (EPS) of -C$0.08. The company generated total revenue of C$118.8 million during the period. Despite the quarterly net loss, management highlighted that sustained strong oil prices provide long-term safety for the company's dividend distributions. The results reflect the current operational performance within the volatile energy sector.
Tickers: $IPOOF
Topics: earnings EPS oil and gas revenue