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Imperial Oil Ltd (IMO.TO)

IMO.TO on Toronto Stock Exchange

44.79CAD
13 Jul 2018
Change (% chg)

$0.34 (+0.76%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Imperial Earns $516 Million In The First Quarter Of 2018
Friday, 27 Apr 2018 08:21am EDT 

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 02:37pm EST 

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 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

Unifor reaches tentative agreement with Imperial Oil
Tuesday, 16 May 2017 03:02pm EDT 

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 12:51pm EDT 

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

Syncrude says 'several' upgrader units shut, minimized after fire
Wednesday, 15 Mar 2017 07:56pm EDT 

Syncrude Canada : Says "several" upgrader units shutdown or minimized after fire at site in Canada's Alberta . Says mining and extraction at Mildred Lake and Aurora sites "paced" to balance bitumen demand Further company coverage: [IMO.TO] (Reporting by Ethan Lou; Editing by Sandra Maler) ((Ethan.Lou@thomsonreuters.com; +1-646-223-8925;)).  Full Article

Syncrude says fire under control but still burning at oil sands site
Wednesday, 15 Mar 2017 04:32pm EDT 

Syncrude Canada says: Fire at oil sands plant the result of a line failure that caused a treated naphtha leak . Fire remains isolated and controlled as of Wednesday afternoon . Remainder of oil sands operation remains in safe and stable condition . Once safe to proceed company will conduct complete damage assessment and begin repairs Further company coverage: [SU.TO] (Reporting By Nia Williams) ((nia.williams@thomsonreuters.com;)).  Full Article

Imperial reports $181 million loss in Q2 2016
Friday, 29 Jul 2016 07:30am EDT 

Imperial Oil Ltd : Imperial reports $181 million loss in second quarter of 2016 . Q2 loss per share c$0.21 . Quarterly total revenue and other income $6,248 million versus $7,301 million . Imperial's Q2 results were significantly impacted by wildfires in Fort Mcmurray, Alberta area . Completed major planned maintenance at two refineries, reducing throughput 163,000 barrels per day in quarter . Imperial's Q2 results significantly impacted by major planned maintenance activities at two refineries and oil sands mines . Quarterly refinery throughput averaged 246,000 barrels per day, compared to 373,000 barrels in Q2 of 2015 . Syncrude production averaged 18,000 barrels per day in Q2(Imperial's share), compared to 52,000 barrels per day . Wildfire and planned maintenance impacts reduced syncrude production by an estimated 54,000 barrels per day in Q2 . Kearl production was shutdown periodically in May due to inbound,outbound pipeline constraints; syncrude operations halted in early May . Imperial says wildfires reduced production by 60,000 barrels per day and net income by $170 million in Q2 . Operations in quarter were further impacted by planned maintenance activities at kearl, syncrude and at Strathcona and Nanticoke refineries . "although our facilities were not damaged by wildfires, operationally both kearl and syncrude were significantly impacted".  Full Article

Syncrude Canada to cut August crude deliveries 35 pct after outage: sources

CALGARY, Alberta Syncrude Canada on Friday told buyers it would cut crude deliveries in August by about 35 percent after an outage last month at its oil sands site in northern Alberta, two market sources familiar with the matter said.