IMO - Imperial Oil Limited

NYSE American - NYSE American Delayed Price. Currency in USD
26.23
-0.88 (-3.25%)
At close: 4:00PM EST

26.23 0.00 (0.00%)
After hours: 4:15PM EST

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Previous Close27.11
Open27.00
Bid26.23 x 2900
Ask26.29 x 900
Day's Range26.23 - 27.00
52 Week Range23.66 - 30.38
Volume463,347
Avg. Volume260,012
Market Cap19.798B
Beta (5Y Monthly)1.05
PE Ratio (TTM)21.64
EPS (TTM)1.21
Earnings DateJan. 30, 2017 - Feb. 05, 2017
Forward Dividend & Yield0.68 (2.50%)
Ex-Dividend DateNov. 30, 2019
1y Target Est32.51
  • Business Wire

    Imperial to hold 2019 Fourth Quarter Earnings Call

    Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice president investor relations, Imperial Oil Limited, will host a 2019 Fourth Quarter Earnings Call on Friday, January 31, following the company’s fourth quarter earnings release. The event begins at 9 a.m. MT and will be accessible by webcast.

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  • Is There An Opportunity With Imperial Oil Limited's (TSE:IMO) 34% Undervaluation?
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    Is There An Opportunity With Imperial Oil Limited's (TSE:IMO) 34% Undervaluation?

    In this article we are going to estimate the intrinsic value of Imperial Oil Limited (TSE:IMO) by projecting its...

  • 3 Reliable TSX Dividend Stocks of the 2010-2019 Decade
    The Motley Fool

    3 Reliable TSX Dividend Stocks of the 2010-2019 Decade

    Fortis stock, Imperial Oil stock, and Brookfield Infrastructure Partners stock are safe choices for risk-averse investors wishing for steady dividend payments in the next decade.

  • 4 Riveting Reasons Why Imperial Oil (TSX:IMO) Stock Could Remain Bearish in 2020
    The Motley Fool

    4 Riveting Reasons Why Imperial Oil (TSX:IMO) Stock Could Remain Bearish in 2020

    The long slumber of the petroleum industry has affected the performance of Imperial Oil stock, and this trend will continue in the next year.

  • Investors: Double Your Money (or More!) With This Unloved Sector in 2020
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    Investors: Double Your Money (or More!) With This Unloved Sector in 2020

    2020 is looking to be a pretty good year for energy stocks like Baytex Energy (TSX:BTE)(NYSE:BTE) and Imperial Oil (TSX:IMO)(NYSE:IMO).

  • Steal These Stock Ideas From Legendary Investor Peter Lynch
    The Motley Fool

    Steal These Stock Ideas From Legendary Investor Peter Lynch

    Invest just like the legend himself by stuffing your portfolio with stocks like goeasy Ltd. (TSX:GSY) and Imperial Oil (TSX:IMO)(NYSE:IMO).

  • 2 Deeply Oversold Stocks to Buy for Your TFSA
    The Motley Fool

    2 Deeply Oversold Stocks to Buy for Your TFSA

    Canadian Imperial Bank and Imperial Oil are both oversold royalty stocks you could consider for your TFSA right now.

  • My Top Energy Stock Pick for 2020 Hasn’t Missed a Dividend in 118 Years
    The Motley Fool

    My Top Energy Stock Pick for 2020 Hasn’t Missed a Dividend in 118 Years

    Stable production, excellent downstream assets, and fantastic dividend growth make Imperial Oil (TSX:IMO)(NYSE:IMO) my top energy stock pick for 2020.

  • Is Imperial Oil Limited (TSE:IMO) A Smart Choice For Dividend Investors?
    Simply Wall St.

    Is Imperial Oil Limited (TSE:IMO) A Smart Choice For Dividend Investors?

    Could Imperial Oil Limited (TSE:IMO) be an attractive dividend share to own for the long haul? Investors are often...

  • Canadian Natural (CNQ) Scales Up 2020 Capex & Production View
    Zacks

    Canadian Natural (CNQ) Scales Up 2020 Capex & Production View

    Canadian Natural (CNQ) expects its 2020 oil and natural gas liquid production within 910-970 million barrels per day (Mbbl/d), higher than the 2019 guided range of 839-888 Mbbl/d.

  • 2 Industry Titans That Are Smart Buys as 2019 Comes to an End
    The Motley Fool

    2 Industry Titans That Are Smart Buys as 2019 Comes to an End

    Before the curtain closes on 2019, power up your portfolio with Imperial Oil stock and Telus stock. These two industry titans are the smart buys heading into in 2020.

  • Nail Down $9,500 in 2020 With These 3 Top Stocks
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    Nail Down $9,500 in 2020 With These 3 Top Stocks

    This group of dividend-growth streakers, including Imperial Oil (TSX:IMO)(NYSE:IMO), can help build your wealth the prudent way.

  • Why Is Imperial Oil (IMO) Up 1.2% Since Last Earnings Report?
    Zacks

    Why Is Imperial Oil (IMO) Up 1.2% Since Last Earnings Report?

    Imperial Oil (IMO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Long-Term Investors: Is There a Better Integrated Energy Company Than Suncor (TSX:SU)?
    The Motley Fool

    Long-Term Investors: Is There a Better Integrated Energy Company Than Suncor (TSX:SU)?

    Suncor Energy Inc (TSX:SU)(NYSE:SU) has always been the pinnacle for integrated energy companies in Canada. Let's see if any of its peers are worth investing in.

  • 3 Reasons Why Canada’s Oil Sector Is in Big Trouble
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    3 Reasons Why Canada’s Oil Sector Is in Big Trouble

    Majors like Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX) are showing why Canada's oil sector is facing a long-term uphill battle for survival.

  • TFSA Investors: You Have to Own This Oil Stock
    The Motley Fool

    TFSA Investors: You Have to Own This Oil Stock

    Imperial Oil Limited (TSX:IMO) is one of Canada’s strongest oil companies backed by the largest publicly traded oil company in the world. Could this big, strong company provide a phenomenal investment return over the long-term?

  • Is Imperial Oil Limited's (TSE:IMO) ROE Of 11% Impressive?
    Simply Wall St.

    Is Imperial Oil Limited's (TSE:IMO) ROE Of 11% Impressive?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • One Oversold Energy Stock With an Insane 20-Year Dividend Streak
    The Motley Fool

    One Oversold Energy Stock With an Insane 20-Year Dividend Streak

    Canada’s second-largest integrated oil company, Imperial Oil, has an impressive 20-year dividend streak, and it could be oversold right now. Is it a good buy?

  • Exxon Mobil (NYSE:XOM) Thinks This Is Canada’s Best Oil Stock
    The Motley Fool

    Exxon Mobil (NYSE:XOM) Thinks This Is Canada’s Best Oil Stock

    Exxon Mobil Corporation (NYSE:XOM) owns a substantial amount of Imperial Oil Ltd. (TSX:IMO)(NYSEMKT:IMO), and judging by its strategy, it's not hard to understand why.

  • Imperial 'scurrying' to ramp up crude by rail but uninterested in rail contracts
    The Canadian Press

    Imperial 'scurrying' to ramp up crude by rail but uninterested in rail contracts

    CALGARY — Imperial Oil Ltd. is "scurrying" to quickly ramp up crude-by-rail shipments from its Edmonton terminal to take advantage of improved profitability caused by the Keystone pipeline spill in North Dakota, CEO Rich Kruger said Tuesday.But the company has little interest in buying $3.7 billion in rail contracts the provincial government is trying to unload because the market is too volatile to count on for the longer term, Kruger told reporters after Imperial's investor day in Toronto."The challenge through the year on the rail is it's been a roller-coaster. It's up and down. Some months it's in the money, some months it's not, it's been very difficult to predict," he said."When you ramp up a rail operation, it's not a switch, you can't flip it on and off."Imperial signalled during its third-quarter results call two weeks ago that shipments from its 210,000-barrel-per-day rail terminal in Edmonton could continue to fall after slipping from 76,000 bpd in July to 35,000 bpd in September.Kruger said the economic case for shipping oil by rail worsened over the summer because there wasn't enough difference in price between Alberta and the U.S. Gulf Coast end market to support rail, which is considered more expensive and less safe than pipeline transport.On Tuesday, he said the Keystone outage has caused oil storage inventories to rise in Alberta, leading to a steeper discount to U.S. prices and making rail more attractive. (The pipeline was restarted at lower pressure on Sunday after leaking about 9,000 barrels of oil.)Kruger said he couldn't provide Imperial's current rail volumes.Imperial's sanctioning of the $2.6-billion Aspen oilsands project, which would have used steam and solvents to produce 75,000 barrels of bitumen per day from wells, surprised observers when it was announced at last year's investor day but there was no such surprise at this year's event.Instead, Kruger, who is retiring at year-end, said it will remain on the sidelines until the province completely ends its oil curtailment program put in place by the previous NDP government to support prices.The measure was continued by the United Conservative government when it was elected last spring, although allowable production has gradually been increased. The new government has also said it will soon announce results of its plan to sell off rail contracts signed by the NDP.Imperial did, however, announce a $450-million project to boost output from its four-decades-old Cold Lake thermal project in northeastern Alberta by drilling into the previously undeveloped Grand Rapids underground oilsands formation.Imperial says the project will save about $1 billion in capital spending by replacing its previously proposed 55,000-bpd Cold Lake expansion project. The new plan involves diverting steam from its nearby underperforming Nabiye project, started up in 2015, to bring on about 15,000 bpd by 2021, with new steam generation added in future phases to take production to 40,000 to 50,000 bpd.Imperial also confirmed a plan to boost production from its Kearl oilsands mine to 280,000 bpd from the current 200,000 bpd through the addition of supplemental ore crushers and self-driving haul trucks, along with other enhancements.Kruger said the Kearl expansion will likely require at least some use of crude-by-rail next year.This report by The Canadian Press was first published Nov. 12, 2019.Companies mentioned in this article: (TSX:IMO)Dan Healing, The Canadian Press

  • Imperial Oil (IMO) Earnings and Sales Lag Estimates in Q3
    Zacks

    Imperial Oil (IMO) Earnings and Sales Lag Estimates in Q3

    Imperial Oil (IMO) returns C$512 million to its shareholders through dividends and share buybacks in the third quarter.

  • Imperial Oil CEO offers faint praise for Alberta curtailment-cuts-for-rail plan
    The Canadian Press

    Imperial Oil CEO offers faint praise for Alberta curtailment-cuts-for-rail plan

    CALGARY — Alberta is going in the "right direction" with its plan to ease production curtailments for oil producers who add crude-by-rail capacity, the CEO of Imperial Oil Ltd. said Friday, although he didn't commit to transport more oil by rail.Rich Kruger — one of the industry's most outspoken critics of mandatory curtailments that began last January — said it's necessary to review of the details of the province's plan, which was announced Thursday."I would say, in the form of a compliment to the government, they're trying to make the best of a bad situation. They're playing the cards they were dealt," he said on a webcast to discuss third-quarter results."The bad situation is that we're in curtailment in the first place."Under the previous NDP government, Alberta put a cap on the amount of oil that the industry can produce as a way to narrow price discounts that grew as oil production exceeded the ability of pipelines to get the crude to market.The measure was continued by the United Conservative government, when it was elected last spring, but the industry quota is rising to 3.81 million barrels per day in December, up 250,000 bpd from the original limit of 3.56 million bpd.Imperial is more heavily invested in crude-by-rail than most producers because it co-owns a terminal in Edmonton with the capacity to load 210,000 bpd — about one third of the province's estimated rail capacity of 500,000 to 600,000 bpd.However, Kruger said the economic case for shipping oil by rail steadily worsened over the summer because there's not enough difference in price between Alberta and the U.S. Gulf Coast end market to support shipping by rail, which is more expensive than pipelines.Rail shipments by Imperial in the third quarter fell from 76,000 bpd in July to 35,000 bpd in September, he said, adding the volumes would be headed even lower in the current quarter if not for the government announcement and the possible impact of an outage on the Keystone pipeline following a large oil spill in North Dakota earlier this week.He said rail shipping volumes are "to be determined at this point," adding Imperial uses Keystone but declining to give volumes.On Thursday, rival oilsands producer Cenovus Energy Inc. said it would quickly add as much as 20,000 bpd to oilsands output and proceed with bringing an oilsands expansion on stream, to add 50,000 bpd in the next six to 12 months following the Alberta decision on curtailments.Suncor Energy Inc., meanwhile, said it would put up to 30,000 bpd on rail over the next month or so in view of the announcement.Alberta's lack of pipeline capacity has made oil-by-rail the next-best method of transport, but the switch comes with certain costs. In a 2016 study, researchers at the University of Alberta found that pipeline transportation of oil produced between 61 and 77 per cent fewer greenhouse gas emissions than rail, and numerous studies have found that pipelines are the safer transport method.Imperial reported Friday that net income fell 43 per cent to $424 million in the three months ended Sept. 30, compared with $749 million or 94 cents per share in the same period of 2018.It said cash generated from operating activities added up to $1.38 billion in the quarter, up from $1.21 billion in the third quarter of 2018.The biggest drag on earnings came from Imperial's downstream operations, where net income slipped to $221 million from $502 million due to lower refinery profit margins and planned maintenance outages.On the upstream side, Imperial reported slightly lower income due to higher operating expenses and royalties — it noted lower volumes at its Kearl oilsands mine and Cold Lake bitumen works but higher volumes from the Syncrude mining facility, in which it holds a 25 per cent stake.Total production rose to 407,000 barrels of oil equivalent per day from 393,000 boe/d in the same period of 2018.Kruger is retiring at the end of the year and his role is to be assumed by Brad Corson.This report by The Canadian Press was first published Nov. 1, 2019.Companies in this story: (TSX:IMO, TSX:CVE, TSX:SU)Dan Healing, The Canadian Press

  • Imperial Oil (IMO) Q3 Earnings and Revenues Lag Estimates
    Zacks

    Imperial Oil (IMO) Q3 Earnings and Revenues Lag Estimates

    Imperial Oil (IMO) delivered earnings and revenue surprises of -4.55% and -1.08%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Could The Imperial Oil Limited (TSE:IMO) Ownership Structure Tell Us Something Useful?
    Simply Wall St.

    Could The Imperial Oil Limited (TSE:IMO) Ownership Structure Tell Us Something Useful?

    The big shareholder groups in Imperial Oil Limited (TSE:IMO) have power over the company. Institutions often own...