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IMO News and Press, Imperial Oil Limited From 08/23/23

Stock Information

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

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IMO - Chevron Is Better Than Cenovus

2023-08-23 17:11:08 ET Summary Cenovus, a Canadian tar sands producer, offers less to investors as compared to shale oil producers in the lower 48, including Chevron. Also, Cenovus does not have exposure to the fast-growing global and very profitable LNG market. Chevron does. ...

IMO - Strathcona Resources Acquiring Pipestone Energy, Creating A Possible Top-5 Canadian Oil Producer

2023-08-04 15:22:14 ET Summary Pipestone Energy has reached an agreement to be acquired by Strathcona Resources, a serial acquirer and one of the largest private-equity owned E&P companies in North America. While Pipestone shareholders won't receive a premium, they are expecte...

IMO - Imperial Oil Limited (IMO) Q2 2023 Earnings Call Transcript

2023-07-28 14:37:04 ET Imperial Oil Limited (IMO) Q2 2023 Earnings Conference Call July 28, 2023 11:00 a.m. ET Company Participants Dave Hughes - Vice President of Investor Relations Brad Corson - Chairman, President, and Chief Executive Officer Dan Lyons - Senio...

IMO - Imperial Oil declares CAD 0.50 dividend

2023-07-28 08:32:48 ET Imperial Oil ( NYSE: IMO ) declares CAD 0.50/share quarterly dividend , in line with previous. Forward yield 2.88% Payable Oct. 1; for shareholders of record Sept. 1; ex-div Aug. 31. See IMO Dividend Scorecard, Yield Chart, & Divide...

IMO - Imperial Oil GAAP EPS of C$1.15, revenue of C$11.82B

2023-07-28 08:00:34 ET Imperial Oil press release ( NYSE: IMO ): Q2 GAAP EPS of C$1.15. Revenue of C$11.82B (-31.7% Y/Y). Lower net income is primarily driven by lower commodity prices and increased planned turnaround activity. Renewed annual normal course issuer b...

IMO - Imperial declares third quarter 2023 dividend

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payable on October 1, 2023, to shareholders of record at the close of business on September 1, 2023. This third quarter 2023 dividend ...

IMO - Imperial announces second quarter 2023 financial and operating results

Quarterly net income of $675 million and cash flow from operating activities of $885 million Successful completion of planned turnaround activities at Kearl, Syncrude and Strathcona refinery Upstream production of 363,000 gross oil-equivalent barrels per day Refinery throughput o...

IMO - Imperial to hold 2023 Second Quarter Earnings Call

(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Limited, will host a 2023 Second Quarter Earnings Call on Friday, July 28, following the company’s second quarter earnings release ...

IMO - Cenovus Energy: Preferred Shares Look Incredibly Attractive

2023-07-14 11:57:35 ET Summary Cenovus Energy has made steady progress in debt reduction. Despite the Q1-2023 hiccup, target levels for accelerated shareholder returns will likely be reached in the next 12 months. Preferred shares, especially series 1, offer a very low-risk in...

IMO - Stocks Take Beating on Rate Hikes Jitters

Stocks slid on Thursday after better-than-expected jobs data increased investors' anxiety around the state of the economy and path of interest rates. The Dow Jones Industrials slumbered 352.97 points, or 1%, to conclude Thursday at 33,935.67. The S&P 500 decreased 35.23 points to 4,41...

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