InPlay Oil Ownership
| IPO Stock | CAD 1.69 0.02 1.20% |
Shares in Circulation | First Issued 2005-06-30 | Previous Quarter 93.2 M | Current Value 93.2 M | Avarage Shares Outstanding 31.9 M | Quarterly Volatility 38.1 M |
InPlay |
InPlay Stock Ownership Analysis
About 25.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. InPlay Oil Corp last dividend was issued on the 15th of November 2024. The entity had 1:1000 split on the 20th of June 2016. InPlay Oil Corp. engages in the acquisition, exploration, development, and production oil and natural gas properties in Canada. It primarily holds 83 percent working interest in the 33,467 net acres of Cardium rights located in Willesden Green, Alberta 75 percent working interest in 19,494 net acres of Cardium rights in the Drayton Valley, Buck Creek, Cynthia, and Pendryl areas located in Pembina, Alberta 75 percent working interest in 14,823 net acres of Belly River rights in the Knob Hill and Keystone areas located in Pigeon Lake, Alberta 45 percent working interest 49,809 net acres of various rights in the Sylvan Lake and Leslieville areas located in Red Deer, Alberta and 99.8 percent in 30,960 net acres of various rights in the Huxley area located in Duvernay, Alberta. INPLAY OIL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. To learn more about InPlay Oil Corp call Douglas Bartole at 587 955 9570 or check out https://www.inplayoil.com.InPlay Oil Outstanding Bonds
InPlay Oil issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. InPlay Oil Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most InPlay bonds can be classified according to their maturity, which is the date when InPlay Oil Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View |
Pair Trading with InPlay Oil
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if InPlay Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in InPlay Oil will appreciate offsetting losses from the drop in the long position's value.Moving against InPlay Stock
| 0.66 | L | Loblaw Companies | PairCorr |
| 0.55 | SPRX | Sparx Technology | PairCorr |
| 0.49 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
| 0.49 | ONEX | Onex Corp | PairCorr |
| 0.49 | STC | Sangoma Technologies Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to InPlay Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InPlay Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back InPlay Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling InPlay Oil Corp to buy it.
The correlation of InPlay Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as InPlay Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InPlay Oil Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for InPlay Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in InPlay Stock
InPlay Oil financial ratios help investors to determine whether InPlay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in InPlay with respect to the benefits of owning InPlay Oil security.