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 ...

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 ...

This oil and gas and petroleum products company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 11.61%. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that ...

The market expects Imperial Oil (IMO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 5.36% lower over the last 30 days to the curren ...

Imperial Oil Limited (IMO) reported first-quarter 2024 adjusted earnings per share of $1.65, higher than the year-ago quarter’s level of $1.58. This was largely due to higher contributions from the company's Upstream segment, driven by higher Bitumen prices and improved margins.Revenues of $9.1 billion missed the Zacks Consensus Estimate of $11.6 billion. This underperformance was mainly caused by the weaker performance of IMO’s Chemical segment. But the top line increased from the year-ago quarter’s figure ...

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 March 31, 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 (IMO) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.45%. 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 $1.81, delivering a surprise of 16.77%.Over the la ...

Calgary, April 26, 2024 Exhibit 99.1 Q1 News Release Imperial announces first quarter 2024 financial and operating results | | | First quarter | | | --- | --- | --- | --- | | millions of Canadian dollars, unless noted | 2024 | 2023 | ∆I | | Net income (loss) (U.S. GAAP) | 1,195 | 1,248 | (53) | | Net income (loss) per common share, assuming dilution (dollars) | 2.23 | 2.13 | +0.10 | | Capital and exploration expenditures | 496 | 429 | +67 | Imperial reported estimated net income in the first quarter of $1,1 ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Imperial Oil (IMO) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 26. On t ...