Calgary, Alberta, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The Alberta Energy Regulator (AER) has laid nine charges in relation to an industrial wastewater release at Imperial Oil Resources Limited’s Kearl Oil Sands Processing Plant.   The charges are related to a berm overflow of industrial wastewater that occurred at the Kearl plant that was reported to the AER on February 4, 2023.     Six charges, laid under the Environmental Protection and Enhancement Act, are as follows:  One count for a releasing a substanc ...

Imperial Oil Limited (IMO) released its corporate guidance outlook on Dec. 12 with a prime focus on profitable volume growth and increased cash flow. The Canadian integrated energy company forecasted its capital and exploration expenditures of C$1.9 to C$2.1 billion, with a balanced investment toward its upstream and downstream operations.IMO’s Upstream ProjectionsA significant portion of the capital investment is planned to be directed toward upstream operations to enhance production volumes. The investmen ...

Imperial Oil Limited (IMO) reported third-quarter 2024 adjusted earnings per share of $1.71, which beat the Zacks Consensus Estimate of $1.48. This increase was driven by higher production at Kearl, strong operational efficiencies and a year-over-year reduction in total expenses. However, the bottom line declined from the year-ago quarter’s $2.06 due to lower realized prices for bitumen, synthetic oil and conventional crude.Revenues of $9.7 billion missed the Zacks Consensus Estimate of $11.3 billion. The t ...

Last week, the management team at Imperial Oil Limited (NYSE: IMO ) announced financial results covering the third quarter of the company's 2024 fiscal year. Although the business fell short of analysts’ expectations when it came to revenue, earnings per share did exceedCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 5 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 0-12014 IMPERIAL OIL LIMITED (Exact name of registrant as specified in its charter) Canada 98-0017682 (State or other jurisdiction ...

Imperial Oil Limited (NYSE:IMO) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Peter Shaw - VP, IR Brad Corson - Chairman, President and CEO Dan Lyons - SVP, Finance and Administration Sherri Evers - SVP, Sustainability, Commercial Development and Product Solutions Cheryl Gomez-Smith - SVP, Upstream Conference Call Participants Manav Gupta - UBS Menno Hulshof - TD Securities Greg Pardy - RBC Capital Markets Doug Leggate - Wolfe Research Travis Wood - National Bank Financi ...

Imperial Oil (IMO) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $2.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.54%. A quarter ago, it was expected that this oil and gas and petroleum products company would post earnings of $1.43 per share when it actually produced earnings of $1.54, delivering a surprise of 7.69%.Over the la ...

Q3 News Release Calgary, November 1, 2024 Exhibit 99.1 Imperial announces third quarter 2024 financial and operating results • Quarterly net income of $1,237 million • Cash flows from operating activities of $1,487 million and cash flows from operating activities excluding working capital of $1,797 million • Upstream production of 447,000 gross oil-equivalent barrels per day, highest third quarter in over 30 years • Kearl production of 295,000 total gross oil-equivalent barrels per day (209,000 barrels Impe ...

Imperial Oil Limited (IMO) is set to release third-quarter results on Nov. 1, 2024. The current Zacks Consensus Estimate for earnings is pegged at $1.48 per share and that for revenues is pinned at $11.29 billion.Let us delve into the factors that are likely to have influenced the integrated oil and gas service provider’s performance in the to-be-reported quarter. But first, it is worth taking a look at Imperial’s performance in the last reported quarter.Stay up-to-date with all quarterly releases: See Zack ...

Imperial Oil (IMO) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November ...