Imperial Oil Limited (IMO.TO)

64.80 +1.30 (+2.05%) At close: 04:00PM EDT

Imperial Oil Limited

505 Quarry Park Boulevard S.E.
Calgary, AB T2C 5N1
Canada

https://www.imperialoil.ca

Sector(s): Energy
Industry: Oil & Gas Integrated
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Bradley William Corson BS	Chairman, Pres & CEO	4.1M	N/A	1962
Mr. Daniel E. Lyons	Sr. VP of Fin. & Admin. and Controller	1.87M	N/A	1963
Mr. Simon P. Younger	Sr. VP of Upstream	1.21M	N/A	1976
Dave Hughes	Mang. of Investor Relations	N/A	N/A	N/A
Mr. Ian R. Laing	VP, Gen. Counsel & Corp. Sec.	N/A	N/A	1974
Ms. Sherri L. Evers	VP of Commercial & Corp. Devel.	N/A	N/A	1977
Ms. Kristi L. Desjardins	VP of HR	N/A	N/A	1974
Ms. Kit Yee Lee	Treasurer	N/A	N/A	1977

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

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 for, and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2021, this segment had 386 million oil-equivalent barrels of proved undeveloped reserves. The Downstream segment is involved in the transportation and refining of crude oil, blending of refined products and the distribution, and marketing of refined products. It also transports crude oil to refineries by contracted pipelines, common carrier pipelines, and rail; maintains a distribution system to move petroleum products to market by pipeline, tanker, rail, and road transport; and owns and operates fuel terminals, natural gas liquids, and products pipelines in Alberta, Manitoba, and Ontario. In addition, this segment markets and supplies petroleum products to motoring public through approximately 2,400 Esso and Mobil-branded sites. Further, it sells petroleum products, including fuel, asphalt, and lubricants for industrial and transportation customers, independent marketers, and resellers, as well as other refiners serving the agriculture, residential heating, and commercial markets through branded fuel and lubricant resellers. The Chemical segment manufactures and markets various petrochemicals, benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin. Imperial Oil Limited has a strategic agreement with E3 Metals Corp. to advance a lithium-extraction pilot in Alberta. The company was incorporated in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.

Corporate Governance

Imperial Oil Limited’s ISS Governance QualityScore as of February 1, 2023 is 8. The pillar scores are Audit: 6; Board: 10; Shareholder Rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.