Imperial Oil (IMO) Upgraded to Buy: Here's What You Should Know
Imperial Oil (IMO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Are Oils-Energy Stocks Lagging Imperial Oil (IMO) This Year?
Here is how Imperial Oil (IMO) and NextDecade (NEXT) have performed compared to their sector so far this year.
Is Imperial Oil (IMO) Stock Outpacing Its Oils-Energy Peers This Year?
Here is how Imperial Oil (IMO) and Kolibri Global Energy Inc. (KGEI) have performed compared to their sector so far this year.
Imperial Oil (IMO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Imperial Oil (IMO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
IMO Q4 Earnings Surpass Estimates, Revenues Lag, Dividend Rises
Imperial Oil expects a capital spending budget of C$1.9-C$2.1 billion, with Upstream's production in the range of 433,000-456,000 gross oil-equivalent barrels per day.
Imperial Oil Limited (IMO) Q4 2024 Earnings Call Transcript
Imperial Oil Limited (NYSE:IMO ) Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ET Company Participants Peter Shaw - Vice President, Investor Relations Brad Corson - Chairman, President & Chief Executive Officer Dan Lyons - Senior Vice President, Finance & Administration Cheryl Gomez-Smith - Senior Vice President, Upstream Conference Call Participants Manav Gupta - UBS Dennis Fong - CIBC Greg Pardy - RBC Menno Hulshof - TD Securities Neil Mehta - Goldman Sachs Doug Leggate - Wolfe Research Patrick O'Rourke - ATB Capital Markets Operator Good day. And welcome to the Imperial Oil Fourth Quarter 2024 Earnings Call.
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.
