Imperial Oil Limited (IMO)

NYSEAMERICAN: IMO · IEX Real-Time Price · USD
68.71
+1.38 (2.05%)
Jul 2, 2024, 4:00 PM EDT - Market closed
2.05%
Market Cap 36.82B
Revenue (ttm) 37.60B
Net Income (ttm) 3.56B
Shares Out 535.84M
EPS (ttm) 6.28
PE Ratio 10.94
Forward PE 7.60
Dividend $1.76 (2.56%)
Ex-Dividend Date Jun 3, 2024
Volume 484,804
Open 67.94
Previous Close 67.33
Day's Range 67.85 - 69.13
52-Week Range 48.26 - 74.58
Beta 1.82
Analysts Hold
Price Target 84.33 (+22.73%)
Earnings Date Jul 26, 2024

About IMO

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products. It transports crude oil production and third-party crude oil to refineries by contracted pipelines, common carrier pipeline... [Read more]

Sector Energy
Founded 1880
Employees 5,300
Stock Exchange NYSEAMERICAN
Ticker Symbol IMO
Full Company Profile

Financial Performance

In 2023, Imperial Oil's revenue was 50.97 billion, a decrease of -14.58% compared to the previous year's 59.67 billion. Earnings were 4.89 billion, a decrease of -33.39%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for IMO stock is "Hold." The 12-month stock price forecast is $84.33, which is an increase of 22.73% from the latest price.

Price Target
$84.33
(22.73% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Imperial renews annual normal course issuer bid

CALGARY, Alberta--(BUSINESS WIRE)--Imperial announced today that it has received final acceptance from the Toronto Stock Exchange for a normal course issuer bid.

8 days ago - Business Wire

Imperial providing energy security while reducing emissions

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO, NYSE American: IMO) CEO Brad Corson, presented to the federal Standing Committee on Environment and Sustainable Development on June 6 to share ho...

25 days ago - Business Wire

Canada's oil sands CEOs push back against proposed oil and gas emissions cap

Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa on T...

Other symbols: CVEENBSU
26 days ago - Reuters

Imperial achieves first oil production from Grand Rapids project using lower emission technology

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO, NYSE American: IMO) today announced its Grand Rapids oil sands project has started production at Cold Lake, marking the first commercial deployme...

5 weeks ago - Business Wire

Imperial reports voting results for election of directors

CALGARY, Alberta--(BUSINESS WIRE)--Imperial reports voting results for election of directors.

2 months ago - Business Wire

Imperial appoints Senior Vice President, Upstream

CALGARY, Alberta--(BUSINESS WIRE)--Imperial announced today the appointment of Cheryl Gomez-Smith as Senior Vice President, Upstream, effective May 1, 2024.

2 months ago - Business Wire

Imperial declares second quarter 2024 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payabl...

2 months ago - Business Wire

Imperial announces first quarter 2024 financial and operating results

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO) (NYSE American: IMO):   First quarter millions of Canadian dollars, unless noted 2024 2023 ∆ Net income (loss) (U.S. GAAP) 1,195 1,248 (53) Net i...

2 months ago - Business Wire

Imperial to hold 2024 First Quarter Earnings Call

CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited...

2 months ago - Business Wire

Canada's Imperial Oil reports fall in fourth-quarter profit

Canadian integrated oil firm Imperial Oil reported a fall in fourth-quarter profit on Friday, on lower oil prices and as maintenance activities hit throughput volumes.

5 months ago - Reuters

Imperial declares first quarter 2024 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payabl...

5 months ago - Business Wire

Imperial announces fourth quarter 2023 financial and operating results

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO) (NYSE American: IMO):   Fourth quarter Twelve months millions of Canadian dollars, unless noted 2023 2022 ∆I 2023 2022 ∆I Net income (loss) (U.S....

5 months ago - Business Wire

Imperial to hold 2023 Fourth Quarter Earnings Call

CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited...

5 months ago - Business Wire

Imperial provides 2024 corporate guidance outlook

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO, NYSE American: IMO) today provided an update on its corporate guidance outlook for 2024. The company's strategy remains focused on maximizing val...

7 months ago - Business Wire

Imperial announces completion of its $1.5 billion substantial issuer bid

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today that it has taken up and paid for 19,108,280 common shares (“Shares”) at a price of $78.50 per Sh...

7 months ago - Business Wire

Imperial announces preliminary results of its substantial issuer bid

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited announced today the preliminary results of its substantial issuer bid.

7 months ago - Business Wire

Imperial announces terms of its substantial issuer bid for up to $1,500,000,000 and receipt of exemptive relief

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the terms of its substantial issuer bid (the “Offer”) pursuant to which the company will offer to...

8 months ago - Business Wire

Imperial Oil posts fall in quarterly profit on drop in commodity prices

Imperial Oil posted a sharp drop in its third-quarter profits on Friday, hurt by lower commodity prices.

8 months ago - Reuters

Imperial declares fourth quarter 2023 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payabl...

8 months ago - Business Wire

Imperial announces intention to launch substantial issuer bid for up to $1,500,000,000

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today that the Board of Directors, on the recommendation of a special committee of independent director...

8 months ago - Business Wire

Imperial announces third quarter 2023 financial and operating results

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO, NYSE American: IMO):   Third quarter Nine months millions of Canadian dollars, unless noted 2023 2022 ∆ 2023 2022 ∆ Net income (loss) (U.S. GAAP)...

8 months ago - Business Wire

Imperial to hold 2023 Third Quarter Earnings Call

CALGARY, Alberta--(BUSINESS WIRE)--(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited...

9 months ago - Business Wire

Imperial oil quarterly profit plunges 72% as production, prices drop

Canada's Imperial Oil reported a 72% drop in second-quarter profit on Friday as production fell due to maintenance activity amid a slump in prices.

1 year ago - Reuters

Imperial declares third quarter 2023 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payabl...

1 year ago - Business Wire

Imperial announces second quarter 2023 financial and operating results

CALGARY, Alberta--(BUSINESS WIRE)--IMPERIAL OIL LIMITED, TSE: IMO, NYSE American: IMO   Second quarter Six months millions of Canadian dollars, unless noted 2023 2022 ∆ 2023 2022 ∆ Net income (loss) (...

1 year ago - Business Wire