Imperial Oil (IMO) Q4 Earnings Beat Estimates
Imperial Oil (IMO) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.81 per share a year ago.
Imperial Oil: A Company With A Bright Future
Imperial Oil has consistently delivered stable results despite the energy sector's volatility, making it a strong candidate for income-focused investors. The company boasts a solid track record with a 22.42% CAGR in dividends over the past five years and a forward annual yield of 2.37%. IMO's stock price has shown a steady upward trend, outperforming peers due to operational efficiency and stable growth.
Earnings Preview: Imperial Oil (IMO) Q4 Earnings Expected to Decline
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.
Here's Why Hold Strategy is Apt for Imperial Oil Stock for Now
IMO's strong financials and production growth are promising, but risks like commodity price fluctuations and high capital expenditures may limit gains.
Will Imperial Oil (IMO) Beat Estimates Again in Its Next Earnings Report?
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 cut to Peer Perform at Wolfe Research on higher capex
Wolfe Research downgraded Imperial Oil to Peer Perform from Outperform. The firm notes that the shares are moderately undervalued, though it also believes that the route to market recognition of value was driven by outsize dividend growth, which has underpinned Imperial's strong outperformance for most of the last three years. With guidance provided in December, spending and long term maintenance capital both increased, but refining weakness is a headwind that implies sustaining the same pace of dividend growth is unlikely, the analyst tells investors in a research note.
Imperial's Shares Gain 16% YTD: Should You Buy or Wait for Now?
IMO's solid financial growth and strategic projects offer stability, but high capital expenditures and market volatility pose risks to future performance.
Imperial Oil Issues C$1.9-C$2.1 Billion Capex Guidance for 2025
IMO's C$1.9-C$2.1 billion capital investment plan is projected to drive growth and maximize asset value.
Imperial Oil forecasts higher production for 2025
Canada's Imperial Oil forecast higher crude production in 2025 on Thursday, as it expects to ramp up output from existing oil sands assets.
Imperial Oil reports biomass spill into St. Clair River in Ontario
Imperial Oil Ltd on Tuesday said it is currently managing a minor biomass spill into the St. Clair River from its water treatment plant in Ontario, Canada.
Imperial Oil fined for 2021 slop oil spill
The Ontario government fined Imperial Oil C$900,000 ($641,391) for a slop oil leak into a tank containment area at its Sarnia site in 2021 that had an adverse effect on people.
Imperial Oil Earnings Surpass Estimates in Q3, Revenues Miss
IMO expects a capital spending budget of C$1.7 billion for 2024, with the Upstream segment's production expected at 420,000-442,000 gross oil-equivalent barrels per day.
