Unlocking Q1 Potential of Imperial Oil (IMO): Exploring Wall Street Estimates for Key Metrics

Core Viewpoint - Imperial Oil (IMO) is expected to report quarterly earnings of $1.48 per share, a decline of 10.3% year-over-year, while revenues are forecasted to increase by 21.9% to $11.11 billion [1]. Earnings Estimates - The consensus EPS estimate has been revised 7.2% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [3]. Key Metrics Projections - Analysts project 'Gross Oil-Equivalent Production' to reach 436.72 KBBL, up from 421 KBBL a year ago [5]. - 'Gross Natural Gas Production' is estimated at 29.86 Mcf, slightly down from 30 Mcf in the same quarter last year [5]. - 'Gross Total Crude Oil Production' is forecasted to be 427.13 KBBL, compared to 416 KBBL a year ago [5]. Daily Production Estimates - 'Gross Crude Oil and NGL Production per day - Conventional' is expected to be 4.77 KBBL, down from 5 KBBL in the same quarter last year [6]. - 'Net Crude Oil and NGL Production per day - Kearl' is projected at 180.17 KBBL, down from 183 KBBL a year ago [6]. - 'Net Crude Oil and NGL Production per day - Cold Lake' is estimated at 108.58 KBBL, consistent with last year's figure of 108 KBBL [7]. Additional Production Insights - 'Gross Crude Oil and NGL Production per day - Syncrude' is expected to reach 76.01 KBBL, up from 73 KBBL a year ago [8]. - 'Gross Crude Oil and NGL Production per day - Cold Lake' is projected at 154.07 KBBL, compared to 142 KBBL last year [8]. - 'Total Refinery throughput' is expected to be 417.56 KBBL, up from 407 KBBL in the same quarter last year [9]. Sales Projections - 'Net Petroleum Products Sales' is estimated at 469.33 KBBL, compared to 450 KBBL a year ago [10].