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Imperial Oil has consistently returned excess cash to shareholders through significant share buybacks. The company has achieved impressive cost reductions, with cash costs per barrel dropping below $20, targeting $18 for its main asset, Kearl. Production is on an upward trend, with expected output of 445 kbpd by 2025, supported by continued improvements at Kearl and selected expansion projects.
IMO's strong production and dividend growth are promising, but risks from declining income, refining pressures and market volatility suggest investors should exercise caution.
Imperial Oil (IMO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how Imperial Oil (IMO) and NextDecade (NEXT) have performed compared to their sector so far this year.
CALGARY, Alberta--(BUSINESS WIRE)---- $EEMMF #canadianenergy--E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, announced today it has finalized the rights and agreements for freehold mineral tenure held by Imperial Oil Limited (TSX:IMO) (NYSE:IMO), “Imperial” for the E3 Clearwater Project. The companies have entered into a Project Completion Agreement dated February 28, 2025, 2025 (the “Project Completion Agreement”) to finalize the rights and lease agree.
Here is how Imperial Oil (IMO) and Kolibri Global Energy Inc. (KGEI) have performed compared to their sector so far this year.
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with turnaround potential, along with some speculative plays and ETFs. Part 9 includes Ituran Location and Control, Lara Exploration, Imperial Oil, Avino Silver & Gold Mines, BBB Foods and Pfizer, among others.
Despite the energy sector's ups and downs, dividends are rising. Here's a look at the recent payout hikes from CVX, IMO, NOG, and MGY.
While the top- and bottom-line numbers for Imperial Oil (IMO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Imperial Oil expects a capital spending budget of C$1.9-C$2.1 billion, with Upstream's production in the range of 433,000-456,000 gross oil-equivalent barrels per day.