IMO Stock Recent News

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.

Imperial Oil Limited (NYSE:IMO ) Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ET Company Participants Peter Shaw - Vice President, Investor Relations Brad Corson - Chairman, President & Chief Executive Officer Dan Lyons - Senior Vice President, Finance & Administration Cheryl Gomez-Smith - Senior Vice President, Upstream Conference Call Participants Manav Gupta - UBS Dennis Fong - CIBC Greg Pardy - RBC Menno Hulshof - TD Securities Neil Mehta - Goldman Sachs Doug Leggate - Wolfe Research Patrick O'Rourke - ATB Capital Markets Operator Good day. And welcome to the Imperial Oil Fourth Quarter 2024 Earnings Call.

Imperial Oil (IMO) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.81 per share a year ago.

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on April 1, 2025, to shareholders of record at the close of business on March 5, 2025. This first quarter 2025 dividend compares with the fourth quarter 2024 dividend of 60 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading member.

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO) (NYSE American: IMO):   Fourth quarter Twelve months millions of Canadian dollars, unless noted 2024 2023 ∆I 2024 2023 ∆I Net income (loss) (U.S. GAAP) 1,225 1,365 (140) 4,790 4,889 (99) Net income (loss) per common share, assuming dilution (dollars) 2.37 2.47 (0.10) 9.03 8.49 +0.54 Capital and exploration expenditures 423 469 (46) 1,867 1,778 +89 Imperial reported estimated net income in the fourth quarter of $1,225 million, compared to net.

Imperial Oil has consistently delivered stable results despite the energy sector's volatility, making it a strong candidate for income-focused investors. The company boasts a solid track record with a 22.42% CAGR in dividends over the past five years and a forward annual yield of 2.37%. IMO's stock price has shown a steady upward trend, outperforming peers due to operational efficiency and stable growth.

Imperial Oil (IMO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

IMO's strong financials and production growth are promising, but risks like commodity price fluctuations and high capital expenditures may limit gains.

Calgary, Alberta, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The Alberta Energy Regulator (AER) has laid nine charges in relation to an industrial wastewater release at Imperial Oil Resources Limited's Kearl Oil Sands Processing Plant.