Imperial Oil (IMO) faces a C$50,000 fine from Alberta's energy regulator for environmental violations related to an oilsands leak at its Kearl site.
The Alberta Energy Regulator said on Thursday it has imposed an administrative penalty of C$50,000 ($36,764.71) on Imperial Oil over a months-long toxic tailings leak at the oil and gas producer's Kearl oil sands mine.
Imperial Oil (IMO) expects a capital spending budget of C$1.7 billion for 2024, with Upstream segment production expected in the range of 420,000-442,000 gross oil-equivalent barrels per day.
Imperial Oil Limited (IMO) Q2 2024 Earnings Call Transcript
Imperial Oil (IMO) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $0.86 per share a year ago.
Canada's Imperial Oil on Friday reported a 68% jump in second-quarter profit, as the integrated oil firm was helped by higher crude prices and production.
Imperial Oil (IMO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Imperial Oil (IMO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Imperial (IMO) starts the Grand Rapids oil sands project at Cold Lake, using SA-SAGD tech to cut emissions by 40%, boosting production to 15,000 gross barrels per day by 2024.