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United States

Imperial Oil Ltd (IMO)

IMO on American Stock Exchange

28.13USD
21 May 2019
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$-0.05 (-0.18%)
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Latest Key Developments (Source: Significant Developments)

Imperial Declares Second Quarter 2019 Dividend
Friday, 26 Apr 2019 07:56am EDT 

April 26 (Reuters) - Imperial Oil Ltd ::IMPERIAL DECLARES SECOND QUARTER 2019 DIVIDEND.IMPERIAL OIL LTD - DECLARED A QUARTERLY DIVIDEND OF 22 CENTS PER SHARE.IMPERIAL OIL LTD - Q2 DIVIDEND OF 22 CENTS PER SHARE COMPARES WITH Q1 DIVIDEND OF 19 CENTS PER SHARE.  Full Article

Imperial Announces First Quarter 2019 Financial And Operating Results
Friday, 26 Apr 2019 07:55am EDT 

April 26 (Reuters) - Imperial Oil Ltd ::IMPERIAL ANNOUNCES FIRST QUARTER 2019 FINANCIAL AND OPERATING RESULTS.Q1 EARNINGS PER SHARE C$0.38.Q2 DIVIDEND INCREASED BY 16 PERCENT TO 22 CENTS PER SHARE.QTRLY OVERALL UPSTREAM GROSS OIL-EQUIVALENT PRODUCTION AVERAGED 388,000 BARRELS PER DAY, UP FROM 370,000 BARRELS PER DAY.QTRLY PRODUCTION AVERAGED 388,000 GROSS OIL-EQUIVALENT BARRELS PER DAY, UP FROM 370,000 BARRELS PER DAY.REFINERY THROUGHPUT AVERAGED 383,000 BARRELS PER DAY, COMPARED TO 408,000 BARRELS PER DAY IN Q1 OF 2018.AFTER INCREASING CRUDE-BY-RAIL SHIPMENTS TO RECORD LEVELS IN LATE 2018, COMPANY DISCONTINUED SHIPMENTS IN FEBRUARY.PETROLEUM PRODUCT SALES AVERAGED 477,000 BARRELS PER DAY IN Q1, ESSENTIALLY FLAT.DECLARED A Q2 DIVIDEND OF 22 CENTS PER SHARE, AN INCREASE OF 3 CENTS PER SHARE FROM Q1.LATE IN QUARTER, COMPANY RESUMED LIMITED RAIL SHIPMENTS, AND WILL CONTINUE TO EVALUATE FUTURE MOVEMENTS AS ECONOMICALLY JUSTIFIED.IN QUARTER, SHARE OF GROSS PRODUCTION FROM SYNCRUDE AVERAGED 78,000 BARRELS PER DAY, UP FROM 65,000 BARRELS PER DAY.DOWNSTREAM FINANCIAL RESULTS IN QUARTER WERE IMPACTED BY WEAKER INDUSTRY PRODUCT MARGINS AND LOWER REFINERY UTILIZATION.ALBERTA'S MANDATED CURTAILMENT CONTINUES TO IMPACT CRUDE-BY-RAIL ECONOMICS.IMPERIAL OIL - Q1 OPERATIONAL PERFORMANCE WAS IMPACTED BY CHALLENGES IN UPSTREAM & DOWNSTREAM EARLY IN QUARTER, IN PART DUE TO EXTREME COLD WEATHER.  Full Article

Imperial Ramps Down Aspen Oil Sands Project Execution
Friday, 15 Mar 2019 07:55am EDT 

March 15 (Reuters) - Imperial Oil Ltd ::IMPERIAL RAMPS DOWN ASPEN OIL SANDS PROJECT EXECUTION.IMPERIAL OIL LTD - SLOWED PACE OF DEVELOPMENT OF ITS ASPEN IN SITU OIL SANDS PROJECT GIVEN MARKET UNCERTAINTY.IMPERIAL OIL LTD - SLOWDOWN IN PROJECT EXECUTION WILL LIKELY RESULT IN A DELAY OF AT LEAST ONE YEAR..  Full Article

Imperial Reports Small Fire Put Out at Sarnia, Ontario Site
Monday, 5 Nov 2018 08:31am EST 

Nov 5 (Reuters) - Imperial Oil Ltd ::IMPERIAL REPORTS ALL CLEAR AFTER SMALL FIRE IN A PROCESSING UNIT AT SARNIA, ONTARIO SITE; FIRE EXTINGUISHED.RELATED: THE COMPANY ISSUED AN ALERT FOR A FIRE ONSITE AT THE FACILITY nL2N1XG0EJ.  Full Article

Imperial reports third quarter results
Friday, 2 Nov 2018 07:55am EDT 

Nov 2 (Reuters) - Imperial Oil Ltd ::IMPERIAL EARNS $749 MILLION IN THE THIRD QUARTER OF 2018.Q3 EARNINGS PER SHARE C$0.94.QTRLY REFINERY THROUGHPUT AVERAGED 388,000 BARRELS PER DAY, UP FROM 385,000 BARRELS PER DAY.QTRLY PRODUCTION AVERAGED 393,000 GROSS OIL-EQUIVALENT BARRELS PER DAY, UP FROM 390,000 BARRELS PER DAY.IMPERIAL OIL - QTRLY TOTAL REVENUES AND OTHER INCOME $9,732 MILLION VERSUS $7,158 MILLION.Q3 EARNINGS PER SHARE VIEW C$0.85 -- THOMSON REUTERS I/B/E/S.  Full Article

Suncor Energy has made no offer for MEG Energy - spokeswoman
Monday, 1 Oct 2018 09:24am EDT 

Oct 1 (Reuters) - Suncor Energy Inc spokeswoman said on Monday::SUNCOR ENERGY SAYS HAS NO OFFER ON TABLE FOR MEG ENERGY BUT LOOKS AT ALL OPPORTUNITIES - SPOKESWOMAN.  Full Article

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