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IMO:CC News and Press, Imperial Oil Limited From 10/31/22

Stock Information

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

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IMO:CC - Imperial Oil upgraded at BMO as Q3 unleashes 'cash bonanza'

Imperial Oil ( NYSE: IMO ) +1.3% in Monday's trading as BMO Capital upgraded shares to Outperform from Market Perform with a C$85 price target, raised from C$70, after Q3 earnings topped expectations and unleashed a "cash bonanza." BMO analyst Randy Ollenberger note...

IMO:CC - Imperial Oil Limited (IMO) Q3 2022 Earnings Call Transcript

Imperial Oil Limited (IMO) Q3 2022 Earnings Conference Call October 28, 2022 11:00 AM ET Company Participants David Hughes - Vice President, Investor Relations Brad Corson - Chairman, President and CEO Daniel Lyons - Senior Vice President, Finance and Administrat...

IMO:CC - Dow Thunders Ahead 600+, Heads for Winning Week

Stocks rose on Friday despite a tumble in Amazon shares after economic data pointed to slowing inflation and a steady consumer. The Dow Jones Industrials leaped 636.18 points, or 2%, to 32,669.40 The S&P 500 climbed 63.25 points, or 1.7% to 3,870.55. The NASDAQ jumped 191.59...

IMO:CC - Imperial Oil reports Q3 earnings beat; raises FY22 production guidance

Imperial Oil press release ( NYSE: IMO ): Q3 GAAP EPS of C$3.24 beats by C$0.39 . Revenue of C$15.22B (+48.8% Y/Y) beats by C$1.7B . Cash flow from operating activities of C$3,089M. Upstream production of 430,000 gross oil-equivalent barrels per day driven ...

IMO:CC - Imperial Oil to launch substantial issuer bid for C$1.5B shares

Imperial Oil ( NYSE: IMO ) plans to launch a substantial issuer bid to purchase for cancellation up to C$1.5B of its common shares. Under the proposed issuer bid, which remains subject to obtaining the necessary exemptive relief under applicable securities laws in Canada a...

IMO:CC - Imperial Oil raises dividend by 29% to C$0.44

Imperial Oil ( NYSE: IMO ) declares CAD 0.44/share quarterly dividend , 29.4% increase from prior dividend of CAD 0.34. Forward yield 2.61% Payable Jan. 1; for shareholders of record Dec. 2; ex-div Dec. 1. See IMO Dividend Scorecard, Yield Chart, & Di...

IMO:CC - Imperial announces intention to launch substantial issuer bid for up to $1,500,000,000

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today that the Board of Directors, on the recommendation of a special committee of independent directors, has authorized the initiation of a substantial issuer bid (the “Offer”) pursuant to which the company wil...

IMO:CC - Imperial declares fourth quarter 2022 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 January 1, 2023, to shareholders of record at the close of business on December 2, 2022. This fourth quarter 2022...

IMO:CC - Imperial announces third quarter 2022 financial and operating results

Quarterly net income of $2,031 million and cash flow from operating activities of $3,089 million Upstream production of 430,000 gross oil-equivalent barrels per day driven by strong production at Kearl and Cold Lake Sustained strong Downstream operating performance with quarte...

IMO:CC - Imperial Oil Q3 2022 Earnings Preview

Imperial Oil ( NYSE: IMO ) is scheduled to announce Q3 earnings results on Friday, October 28th, before market open. The consensus EPS Estimate is C$2.85 (+120.9% Y/Y) and the consensus Revenue Estimate is C$13.52B (+32.2% Y/Y). Over the last 1 year, IMO has beaten E...

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