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United Kingdom

Imperial Oil Ltd (IMO.TO)

IMO.TO on Toronto Stock Exchange

36.03CAD
21 Feb 2019
Change (% chg)

$-0.39 (-1.07%)
Prev Close
$36.42
Open
$36.28
Day's High
$36.43
Day's Low
$35.98
Volume
692,580
Avg. Vol
1,237,690
52-wk High
$44.91
52-wk Low
$33.43

Latest Key Developments (Source: Significant Developments)

Imperial Oil cuts rail volumes due to Alberta curtailments
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Imperial Oil Ltd CEO Rich Kruger, speaking on a conference call::IMPERIAL OIL CEO SAYS ALBERTA CRUDE CURTAILMENTS 'UNFAIR, ANTI-COMPETITIVE', LEAVING UNCERTAIN CONSEQUENCES.IMPERIAL OIL CUT CRUDE BY RAIL VOLUMES NEARLY IN HALF IN JANUARY TO 90,000 BPD DUE TO CURTAILMENTS; SEES VOLUMES NEAR ZERO IN FEBRUARY - CEO.IMPERIAL OIL RE-EVALUATING ASSUMPTIONS FOR ITS ASPEN OIL SANDS PROJECT RELATED TO PIPELINE CAPACITY, POTENTIAL FUTURE CURTAILMENTS.  Full Article

Imperial Oil Ltd - Declared A Quarterly Dividend Of 19 Cents Per Share On Outstanding Common Shares Of Company
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Imperial Oil Ltd ::IMPERIAL OIL LTD - DECLARED A QUARTERLY DIVIDEND OF 19 CENTS PER SHARE ON OUTSTANDING COMMON SHARES OF COMPANY.  Full Article

Imperial Announces 2018 Financial And Operating Results
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Imperial Oil Ltd ::IMPERIAL ANNOUNCES 2018 FINANCIAL AND OPERATING RESULTS.Q4 EARNINGS PER SHARE C$1.08.QTRLY TOTAL REVENUES AND OTHER INCOME C$7,890 MILLION VERSUS C$8,077 MILLION.QTRLY REFINERY THROUGHPUT AVERAGED 408,000 BARRELS PER DAY, UP FROM 391,000 BARRELS PER DAY IN Q4 OF 2017.QTRLY PRODUCTION AVERAGED 431,000 GROSS OIL-EQUIVALENT BARRELS PER DAY, UP FROM 399,000 BARRELS PER DAY.Q4 EARNINGS PER SHARE VIEW C$0.94, REVENUE VIEW C$8.81 BILLION -- REFINITIV IBES DATA.QTRLY REFINERY CAPACITY UTILIZATION WAS 96 PERCENT, UP FROM 92 PERCENT IN Q4 OF 2017.SEES 2019 CAPITAL EXPENDITURES ARE EXPECTED TO RANGE BETWEEN $2.3 BILLION TO $2.4 BILLION.2019 CAPITAL EXPENDITURES RANGE INCLUDES ABOUT $800 MILLION ASSOCIATED WITH ASPEN IN-SITU PROJECT.WIDENING OF WESTERN CANADIAN LIGHT CRUDE DIFFERENTIAL RELATIVE TO WTI DURING Q4 NEGATIVELY IMPACTED SYNTHETIC CRUDE REALIZATIONS.  Full Article

Imperial Oil Q2 Earnings Per Share C$0.24
Friday, 27 Jul 2018 

July 27 (Reuters) - Imperial Oil Ltd ::IMPERIAL EARNS $196 MILLION IN THE SECOND QUARTER OF 2018.Q2 EARNINGS PER SHARE C$0.24.QTRLY REFINERY THROUGHPUT AVERAGED 363,000 BARRELS PER DAY AND PETROLEUM PRODUCT SALES AVERAGED 510,000 BARRELS PER DAY.Q2 PRODUCTION AVERAGED 336,000 GROSS OIL-EQUIVALENT BARRELS PER DAY, UP FROM 331,000 BARRELS PER DAY IN THE SAME PERIOD OF 2017.QTRLY TOTAL REVENUES AND OTHER INCOME C$9,543 MILLION VERSUS C$7,033 MILLION.Q2 EARNINGS PER SHARE VIEW C$0.57, REVENUE VIEW C$8.77 BILLION -- THOMSON REUTERS I/B/E/S.RECOVERY FROM JUNE 20 POWER OUTAGE AT SYNCRUDE IS ONGOING, RETURN TO FULL RATES ANTICIPATED IN SEPTEMBER.  Full Article

Imperial Earns $516 Million In The First Quarter Of 2018
Friday, 27 Apr 2018 

April 27 (Reuters) - Imperial Oil Ltd ::IMPERIAL EARNS $516 MILLION IN THE FIRST QUARTER OF 2018.IMPERIAL OIL LTD - QTRLY EARNINGS PER SHARE $0.62.IMPERIAL OIL LTD QTRLY TOTAL REVENUES AND OTHER INCOME C$7,934 MILLION VERSUS C$7,156 MILLION.IMPERIAL OIL - QTRLY RODUCTION AVERAGED 370,000 GROSS OIL-EQUIVALENT BARRELS PER DAY, VERSUS 378,000 BARRELS PER DAY IN THE SAME PERIOD OF 2017.IMPERIAL OIL - QTRLY REFINERY THROUGHPUT AVERAGED 408,000 BARRELS PER DAY, UP FROM 398,000 BARRELS PER DAY IN Q1 2017.IMPERIAL OIL LTD QTRLY REFINERY CAPACITY UTILIZATION WAS 96 PERCENT VERSUS 94 PERCENT.  Full Article

Imperial Notifies Transport Canada Of Potential Aviation Fuel Quality Issue
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Imperial Oil Ltd ::IMPERIAL OIL- ‍NOTIFIED REGULATORS & CUSTOMERS OF POTENTIAL FUEL QUALITY ISSUE IN AVIATION GASOLINE SHIPPED FROM STRATHCONA REFINERY SINCE DEC 28, 2017​.IMPERIAL OIL LTD - ALL SHIPMENTS OF AVGAS FROM STRATHCONA REFINERY WERE STOPPED AS SOON AS CO BECAME AWARE OF ISSUE ON FEB. 13, 2018.IMPERIAL OIL LTD - ‍PRIMARY CONCERN IS THAT PRODUCT QUALITY ISSUE MAY CAUSE INTERFERENCE WITH ON-BOARD FUEL GAUGE SENSORS OF AIRCRAFT USING AVGAS​.IMPERIAL OIL LTD - ‍AT THIS TIME, IMPERIAL IS NOT AWARE OF ANY REPORTED SAFETY ISSUES RELATED TO FUEL​.IMPERIAL OIL LTD - ‍AIRCRAFT THAT USE JET FUEL, ALSO KNOWN IN INDUSTRY AS "JET A," ARE NOT IMPACTED BY THE POTENTIAL FUEL QUALITY CONCERN​.IMPERIAL OIL LTD - ‍IMPERIAL HAS ALSO REQUESTED THAT ALL DISTRIBUTORS CEASE DISTRIBUTION OF PRODUCT​.  Full Article

Imperial looking at ways to increase Kearl production to 240,000 bpd
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Imperial Oil :Says identified ways to increase production at Kearl oil sands mine to 240,000 bpd over next two years.Says final investment decision on Aspen oil sands project likely in first half of 2018.  Full Article

Imperial Q3 earnings per share C$0.44
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Imperial Oil Ltd ::Imperial announces third quarter 2017 financial and operating results.Q3 earnings per share C$0.44.Imperial Oil Ltd - ‍upstream gross oil-equivalent production in Q3 was 390,000 barrels per day, 18 percent higher than Q2 of 2017​.Imperial Oil Ltd - ‍imperial recorded estimated net income of $371 million in Q3 of 2017, compared with net income of $1,003 million in same period of 2016​.Imperial Oil Ltd - qtrly ‍refinery throughput averaged 385,000 barrels per day, compared to 407,000 barrels in Q3 of 2016​.Imperial Oil Ltd - qtrly ‍refinery capacity utilization was 91 percent, compared to 97 percent in Q3 of 2016​.Imperial Oil Ltd - ‍share purchases are currently anticipated to equal approximately $250 million in Q4 of 2017​.Imperial Oil Ltd - qtrly total revenues and other income $7,158 million versus $7,442 mln‍​.Q3 earnings per share view C$0.46, revenue view C$7.85 billion -- Thomson Reuters I/B/E/S.  Full Article

Unifor reaches tentative agreement with Imperial Oil
Tuesday, 16 May 2017 

May 16 (Reuters) - Unifor: :Unifor reaches tentative agreement with Imperial Oil.Unifor says the Local's membership will vote on tentative agreement on Thursday, May 18.  Full Article

Fire at Syncrude oil sands plant extinguished
Thursday, 16 Mar 2017 

Syncrude Canada : Says fire at Mildred Lake upgrader extinguished early on Thursday morning . Says work ongoing to fully isolate impacted area to allow safe entry for damage assessment and to develop repair strategy . Says rest of operations remain stable, several upgrader units shut or running at reduced rates .Says mining and extraction at Mildred Lake and Aurora facilities being paced to balance bitumen demand.  Full Article

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Canada's Cenovus bets on rail to move crude, fearing full pipelines

WINNIPEG, Manitoba/NEW YORK Cenovus Energy is pressing ahead with aggressive plans to transport more crude by rail, contrasting itself with peers who have hit the brakes, as the Canadian oil producer bets that pipeline bottlenecks are likely to return.