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 ...

Imperial Oil Limited (IMO) has experienced 16% growth in its share price year to date (YTD), significantly outperforming the broader oil and energy sector, which has seen a 0.3% decline. This stark disparity raises a key question for investors: Should they invest in the stock now or wait for a more favorable opportunity? Image Source: Zacks Investment Research Based in Calgary, Imperial is more than just a Canadian oil company; it's a major player with a multi-layered portfolio that includes oil and gas pro ...

Imperial Oil Limited (IMO) , a Calgary-based integrated oil and gas company, has been fined C$50,000 by The Alberta Energy Regulator ("AER") after confirming that the company had violated environmental laws. The fine is connected to the seepage of wastewater containing oilsands tailings outside of its lease boundary in 2022. Despite being the maximum allowable fine under provincial law, environmental groups and affected indigenous communities have expressed frustration over the penalty's inadequacy given th ...

Imperial Oil Limited (IMO) reported second-quarter 2024 adjusted earnings per share of $1.54, higher than the year-ago quarter's level of 86 cents. This increase was primarily driven by higher contributions from the company's Upstream segment, attributed to improved Bitumen prices and stronger margins. Revenues of $9.8 billion missed the Zacks Consensus Estimate of $10.5 billion. This underperformance was caused by the weaker performance of IMO's Chemical segment. However, the top line increased from the ye ...

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 June 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 (I.R. ...

Imperial Oil Limited (NYSE:IMO) Q2 2024 Earnings Conference Call August 2, 2024 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 Conference Call Participants Greg Pardy - RBC Capital Markets Menno Hulshof - TD Cowen Patrick O'Rourke - ATB Capital Markets Manav Gupta - UBS Dennis Fong - CIBC World Markets Adam Wijaya - Goldman Sachs Doug Leggate - Wolfe Resear ...

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. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this oil and gas and petroleum products company would post earnings of $1.55 per share when it actually produced earnings of $1.65, delivering a surprise of 6.45%. Over the la ...