Imperial Oil Limited (IMO)

Demand is coming back faster than supply and we're going to need more supply to meet that demand," said Phil Flynn, senior analyst at Price Futures Group in Chicago.

The International Energy Agency (IEA) said in its monthly report that the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, would need to boost output to meet demand set to recover to pre-pandemic levels by the end of 2022.

"OPEC+ needs to open the taps to keep the world oil markets adequately supplied," the Paris-based energy watchdog said.

$SU $CNQ $ENB $COP $BP $OXY $VET $XOM $TOT $CVX $MPC $EOG $CLR $EPD $E $KMI $PSX $HAL $PTR $SNP $WMB $BKR $EC $IMO $CQP $MMP $TRP $XOG

Investors are grabbing profits from other produces and probably moving into $SU.

Imperial Oil $IMO reported Q3 on Friday. Great report! Increased production over Q2, more than doubled it’s profit from the prior quarter, kept their dividend the same. $IMO price fell 7% Friday on more than double-the-average daily trading volume. Shareholders took profit and ran for the exit, looking for a solid, highly profitable laggard to buy - ie: Suncor.

Wouldn’t be surprised if the similar pattern happens with $CNQ (currently over its 52-week highs).

Hi-ho, Kermit here! Market strategists are bracing for the biggest jump in oil demand ever after drivers returned to the roads en masse.

Goldman Sachs has predicted a 14pc jump in commodity prices over the next six months, pushing a broad measure of metals and oil up to its highest level in more than six years.
$BP $SU $CNQ $IMO $ENB $OXY

Hi-ho, Kermit the Frog here!
Alberta got its wish for the inclusion of support for large-scale, industrial carbon capture in the federal budget.

The federal budget documents released Monday include plans for an investment tax credit for carbon capture utilization and storage (CCUS) projects. The technology – which forces carbon-dioxide emissions deep into the ground, keeping them out of the atmosphere – could play a major role in lowering outputs at refineries, cement and fertilizer production plants and power stations across the country. Significantly, it could also help to reduce emissions at Alberta oil sands operations.

Details of the investment tax credit have yet to be fleshed out. Ottawa says it will move quickly to a 90-day consultation period on the design of the credit, after which it will announce more details, including the rate of the incentive.

$SU $ENB $IMO $CNQ $TRP $PKI $PPL $

Imperial oil has been buying back shares it is the reversal of deluded shares . This will drive up the share price plus they have been firing on all pistons with curl and cold lake plant .. with the increase in profit and hold on new drills , the sale of electricity to the grid , the increasing prices for electricity plus buy back of shares and deleting them from the mix this little girl is worth closer to 55$ Canadian a share . They have been increasing the dividend . I am watching for another bump coming up . The name of the game is to sweeten the pot for its long term investors . They promised that and they delivered .

Transaction ID Date of transaction
YYYY-MM-DD Date of filing
YYYY-MM-DD Ownership type (and registered holder, if applicable) Nature of transaction Number or value acquired or disposed of Unit price or exercise price Closing balance Insider's calculated balance Conversion
or exercise
price Date of expiry or maturity
YYYY-MM-DD Underlying security designation Equivalent number or value of underlying securities acquired or disposed of Closing balance of equivalent number or value of underlying securities
Insider name: Exxon Mobil Corporation
Insider's Relationship to Issuer: 3 - 10% Security Holder of Issuer
Ceased to be Insider: Not applicable
Security designation: Common Shares
O 3739719 2021-05-05 2021-05-07 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,679 37.4400

A 3739719 2021-05-05 2021-05-14 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,679 37.4400 510,379,214

O 3739731 2021-05-06 2021-05-07 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,679 37.7000

A 3739731 2021-05-06 2021-05-14 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,679 37.7000 509,841,535

3741879 2021-05-07 2021-05-11 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,679 38.0900 509,303,856

3741883 2021-05-10 2021-05-11 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,678 37.5300 508,766,178

3743996 2021-05-11 2021-05-14 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,679 37.4400 508,228,499

3743997 2021-05-12 2021-05-14 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,679 37.6700 507,690,820

3743999 2021-05-13 2021-05-14 Indirect Ownership :
Roytor & Co. 38 - Redemption, retraction, cancellation, repurchase -537,679 38.3800 507,153,141

To download this information, click on the appropriate