Imperial Oil: A Canadian Cannibal, With Constant Share Repurchases
I last covered Imperial Oil (NYSE: IMO ) in 2022, here . I noted back then that cash was expected to keep gushing out of IMO’s operations, and that such cash, given limited options for expansion (or debt to be repaid), was going to beStriving to compound knowledge. Long-time fan of Warren and Charlie. Always invert. "To finish first, you must first finish". Investing own and family funds for +20 years. Senior finance roles at public and private corporations for most of that time.Analyst’s Disclosure: I/we h ...