IMO:CC News and Press, Imperial Oil Limited From 09/06/22

Imperial Oil ( NYSE: IMO ) said Tuesday it entered into a long-term contract for Air Products & Chemicals ( NYSE: APD ) to supply it with low-carbon hydrogen for its proposed renewable diesel complex at its Strathcona refinery in Alberta. Air Products ( APD...

Imperial (TSE: IMO, NYSE American: IMO) today announced a long-term contract with Air Products (NYSE: APD) to supply low-carbon hydrogen for Imperial’s proposed renewable diesel complex at its Strathcona refinery near Edmonton, Alberta. Air Products will provide pipeline supply f...

Imperial (TSE: IMO, NYSE American: IMO) today announced that together with ExxonMobil Canada, it has successfully completed the previously announced sale of XTO Energy Canada to Whitecap Resources Inc. for a total cash consideration of $1.9 billion ($940 million Imperial’s share)...

First Eagle Investments is an independent, privately owned asset management firm dedicated to serving the needs of individuals and institutions worldwide as well as the financial professionals that advise them. Many of the first quarter’s equity market dynamics continued to be ...

Oil prices have seen a sharp correction lately — a few months after reaching their highest level since 2008. While the long-term demand outlook for traditional energy products remains high, concerns about a near-term recession are haunting oil investors. The commodity market correcti...

Imperial Oil ( NYSE: IMO ) +3% in Tuesday's trading after TD Securities upgraded shares to Buy from Hold with a C$73 price target, citing several factors including the possibility of another special dividend. TD analyst Menno Hulshof said he sees "strong potential" for a...

The S&P/TSX Composite Index climbed 105 points on Thursday, August 11. However, this spike was powered by one red-hot sector while the rest lagged. Today, I want to discuss what Canadian investors should watch for on the TSX . Let’s dive in. New momentum in the ener...

Inflation hit a high of 8.1% year over year for June following a 7.7% gain for May. For Canadians, this has translated to higher prices at the pump and in their grocery budgets. For markets, this led to a rout in previously high-flying growth stocks from the technology sector in particular....

The quant rating can be deceiving when it comes to cyclical commodity businesses. Cenovus' CEO has done a great job transitioning the company to become an integrated player in the Canadian oil sands. However, the existing assets have a poor track record. We won’t see CVE's ...

The investment landscape changes every year, depending on the economic environment. TSX investors are fortunate, because Canada’s primary stock market hasn’t lost from 2019 to 2021. The average return, or gain, is 14.34%, although the lowest was 2.17% in 2020 during the fi...