IMO:CC News and Press, Imperial Oil Limited From 02/27/23

Imperial Oil ( NYSE: IMO ) said Monday it will lower the number of contractors working at its Kearl oil sands site in Alberta as part a plan to cut operating costs at the project. The company said it will defer some non-critical work or move it off site, but with no impact on oil ...

Summary Imperial Oil is a large diversified Canadian heavy oil producer. The valuations are attractive but we rate it a hold at present prices. A dip toward $40 USD would put it in the buy zone. All prices in CAD unless noted. Introduction Imperial Oil ( IMO ) ...

Summary Imperial Oil Limited's financial stability, efficient operations, and dedication to sustainability make it a standout investment opportunity. The company's Q4 2022 results demonstrate its ability to adapt to changing market conditions and drive growth even during difficult times...

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...

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...

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 ...

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...

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&#...

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...

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...