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IMO News and Press, Imperial Oil Limited From 02/14/23

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Company Name: Imperial Oil Limited
Stock Symbol: IMO
Market: NYSE
Website: imperialoil.ca

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IMO - Cenovus: What To Expect From Oil Sands Producer's Q4

Summary Cenovus is scheduled to release its Q4 and full-year 2022 results on Thursday. Expect a meaningful reduction in the company's year-over-year debt load. That's because, as of Q3, debt had already dropped from C$12.4 billion at year-end 2022 to C$8.8 billion (-29%). I expect furth...

IMO - Imperial Oil ordered to fix wastewater seepage from Kearl tailing ponds

Imperial Oil ( NYSE: IMO ) said Wednesday it is working with the Alberta Energy Regulator to fix wastewater seepage from tailings ponds at its Kearl oil sands project, after reporting a second leak in recent days. The regulator issued an environmental protection order to Impe...

IMO - Imperial Oil Limited (IMO) Q4 2022 Earnings Call Transcript

Imperial Oil Limited (IMO) Q4 2022 Earnings Conference Call January 31, 2023 11:00 A.M. ET Company Participants Dave Hughes - Vice President, Investor Relations Brad Corson - Chairman, President, and CEO Dan Lyons - Senior Vice President, Finance and Administration ...

IMO - Imperial Oil declares CAD 0.44 dividend

Imperial Oil ( NYSE: IMO ) declares CAD 0.44/share quarterly dividend , in line with previous. Forward yield 2.49% Payable April 1; for shareholders of record March 3; ex-div March 2. See IMO Dividend Scorecard, Yield Chart, & Dividend Growth. For further...

IMO - Imperial Oil GAAP EPS of C$2.86 beats by C$0.25, revenue of C$14.45B misses by C$2.85B

Imperial Oil press release ( NYSE: IMO ): Q4 GAAP EPS of C$2.86 beats by C$0.25 . Revenue of C$14.45B (+17.4% Y/Y) misses by C$2.85B . Upstream production of 441,000 gross oil-equivalent barrels per day during fourth quarter, driven by continued strength at Kearl and&#...

IMO - Imperial declares first quarter 2023 dividend

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 44 cents per share on the outstanding common shares of the company, payable on April 1, 2023, to shareholders of record at the close of business on March 3, 2023. This first quarter 2023 dividend compar...

IMO - Imperial announces fourth quarter 2022 financial and operating results

Quarterly net income of $1,727 million and cash flow from operating activities of $2,797 million Upstream production of 441,000 gross oil-equivalent barrels per day during fourth quarter, driven by continued strength at Kearl and Cold Lake, and higher production at Syncrude Maintained str...

IMO - Imperial Oil Q4 2022 Earnings Preview

Imperial Oil ( NYSE: IMO ) is scheduled to announce Q4 earnings results on Tuesday, January 31st, before market open. The consensus EPS Estimate is $1.95 (+65.3% Y/Y) and the consensus Revenue Estimate is $12.94B (+5.1% Y/Y). Over the last 1 year, IMO has beaten EPS estimate...

IMO - Imperial Oil OKs C$720M for Canadian renewable diesel plant

Imperial Oil ( NYSE: IMO ) said Thursday it plans to spend ~C$720M to move forward with construction of the largest renewable diesel facility in Canada . Imperial ( IMO ) expects the project at its Strathcona refinery near Edmonton to produce more than 1B liters/year of renewa...

IMO - Imperial Approves $720 million for Largest Renewable Diesel Facility in Canada

Facility expected to produce more than 1 billion litres per year, or 20,000 barrels per day, of renewable diesel Renewable diesel has potential to reduce annual greenhouse emissions by about 3 million tonnes compared to conventional fuels Project to supply British Columbia in support of p...

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