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Imperial Oil Ltd (IMO.TO)

IMO.TO on Toronto Stock Exchange

38.38CAD
25 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Imperial Oil Provides Update On Avgas Fuel Quality Issue
Wednesday, 7 Mar 2018 06:17pm EST 

March 7 (Reuters) - Imperial Oil Ltd ::IMPERIAL PROVIDES UPDATE ON AVGAS FUEL QUALITY ISSUE.IMPERIAL OIL - ‍MADE PROGRESS TOWARDS RESOLVING POTENTIAL FUEL QUALITY ISSUE IN AVIATION GASOLINE SHIPPED FROM STRATHCONA REFINERY SINCE DEC. 28, 2017​.IMPERIAL OIL LTD - ‍INVESTIGATION INTO CAUSE OF AVGAS FUEL QUALITY ISSUE IS PROGRESSING​.  Full Article

Imperial Oil Q4 Loss Per Share C$0.16
Friday, 2 Feb 2018 07:55am EST 

Feb 2 (Reuters) - Imperial Oil Ltd ::IMPERIAL ANNOUNCES 2017 FINANCIAL AND OPERATING RESULTS.Q4 LOSS PER SHARE C$0.16.QTRLY PRODUCTION AVERAGED 399,000 GROSS OIL-EQUIVALENT BARRELS PER DAY, UNCHANGED FROM SAME PERIOD OF 2016.QTRLY TOTAL REVENUES AND OTHER INCOME C$8,077 MILLION VERSUS C$8,442 MILLION LAST YEAR.SHARE PURCHASES ARE CURRENTLY ANTICIPATED TO EQUAL APPROXIMATELY $250 MILLION IN Q1 OF 2018.QTRLY REFINERY THROUGHPUT AVERAGED 391,000 BARRELS PER DAY, COMPARED TO 401,000 BARRELS PER DAY IN Q4 OF 2016."KEARL IS EXPECTED TO PRODUCE AN ANNUAL AVERAGE OF 200,000 BARRELS PER DAY GROSS IN 2018".IMPERIAL OIL - QTRLY NET LOSS REFLECTED CHARGES OF $289 MILLION ASSOCIATED WITH HORN RIVER DEVELOPMENT AND $277 MILLION RELATED TO MACKENZIE GAS PROJECT.IN 2018, CAPITAL EXPENDITURES ARE EXPECTED TO RANGE BETWEEN $1.5 BILLION TO $1.7 BILLION.  Full Article

Imperial looking at ways to increase Kearl production to 240,000 bpd
Wednesday, 1 Nov 2017 11:00am EDT 

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 07:55am EDT 

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

Imperial Oil sets quarterly dividend of c$0.16per share
Friday, 28 Jul 2017 07:56am EDT 

July 28 (Reuters) - Imperial Oil Ltd :Sets quarterly dividend of c$0.16per share.  Full Article

Imperial Oil Q2 loss per share c$0.09
Friday, 28 Jul 2017 07:55am EDT 

July 28 (Reuters) - Imperial Oil Ltd :Imperial announces second quarter 2017 financial and operating results.Q2 loss per share c$0.09.Imperial Oil Ltd - ‍company is undertaking actions to resolve reliability issues, primarily in mining and ore preparation areas of operation​.Imperial Oil Ltd - qtrly production averaged 331,000 gross oil-equivalent barrels per day, up from 329,000 barrels per day in same period of 2016.Imperial Oil Ltd - qtrly ‍total revenues and other income $7,033 million versus $6,248​ million.Imperial Oil Ltd qtrly ‍refinery throughput averaged 358,000 barrels per day, up from 246,000 barrels in q2 of 2016​.Imperial oil-actions to resolve reliability issues are planned to proceed throughout 2017, 2018, will lead to higher production levels, lower unit costs.Imperial Oil Ltd - full-year expenditures are expected to be about $800 million.Imperial Oil Ltd - share purchases are currently anticipated to equal approximately $250 million in q3 of 2017.Q2 revenue view c$7.47 billion -- Thomson Reuters I/B/E/S.  Full Article

Unifor members ratify new contract with Imperial Oil
Thursday, 25 May 2017 06:06pm EDT 

May 25 (Reuters) - Imperial Oil Ltd :Unifor members ratify new contract with Imperial Oil.Members of unifor local 21-A have voted to ratify a new three-year collective agreement with Imperial Oil at its Strathcona facility.Workers will also receive paid education leave, an increase to safety footwear allowance, and a steamticket premium increase.New contract includes wage increases of 2 pct in year two , 2.5 pct in year three.  Full Article

IMPERIAL OIL SETS QUARTERLY DIVIDEND OF C$0.16 PER SHARE
Friday, 28 Apr 2017 07:56am EDT 

April 28 (Reuters) - Imperial Oil Ltd :SETS QUARTERLY DIVIDEND OF C$0.16 PER SHARE.  Full Article

Imperial Oil Q1 earnings per share c$0.39
Friday, 28 Apr 2017 07:55am EDT 

April 28 (Reuters) - Imperial Oil Ltd :Imperial announces first quarter 2017 financial and operating results.Q1 earnings per share c$0.39.Qtrly production averaged 378,000 gross oil-equivalent barrels per day, compared to 421,000 barrels per day in same period of 2016.Qtrly production impacted by fire at syncrude mildred lake upgrader in mid-march, expected to be restored in phases beginning in may.Qtrly total revenues and other income c$7,156 million versus c$5,222 million.Q1 earnings per share view c$0.40, revenue view c$8.14 billion -- Thomson Reuters I/B/E/S.  Full Article

Imperial provides update on Syncrude incident response
Monday, 27 Mar 2017 07:55am EDT 

Imperial Oil Ltd : Imperial provides update on syncrude incident response . Confirms that syncrude continues to recover from a fire at its mildred lake upgrader on March 14, 2017 . There are no shipments of synthetic crude from operation at this time. . Says production is expected to ramp up in stages as damage is repaired and units are ready for restart . Imperial continues to provide additional technical and logistical expertise to syncrude to assist with recovery efforts .Timeline and impact of the stages is under evaluation.  Full Article

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Price spike in sulfur leaves farmers, fertilizer makers sour

WINNIPEG, Manitoba Phosphate fertilizer producers, including Mosaic Co and Potash Corp of Saskatchewan, are paying the highest prices in two years for sulfur, a key ingredient in their farm products, but farmers are the ones absorbing the extra cost.