IMO:CC News and Press, Imperial Oil Limited From 07/28/23

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...

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 ...

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...

2023-07-25 15:15:00 ET The maximum Canada Pension Plan (CPP) payment for new beneficiaries in 2023 is $1,306.57. However, you must have contributed enough or at least 39 years to receive the max. A pension claimant at 65 today would receive, on average, $760.07 per month (as of April 2023) ...

(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 ...

2023-06-27 12:24:47 ET Summary Imperial Oil Limited is 70% owned by Exxon Mobil Corporation, providing a strong backstop on its valuation, as it's a potential acquisition target. The company had a blockbuster year in 2022, with its valuation of less than $30 billion, and it has co...

2023-05-30 15:15:26 ET Summary Fundamentals always win out in the end, but price action can drive you crazy till then. The baby bubble of Texas Pacific Land Corporation matured into a fully-filled, helium offering in late 2022. But like the Bilbo Baggins story, we are now back...

2023-05-20 06:03:35 ET Summary Imperial Oil Limited has been growing EPS by over 20% YoY as shown in the last earnings report. The balance sheet is incredibly strong and the company has a lot of freedom to take on more debt without risking hurting the buybacks and dividends. I...

2023-05-17 00:41:06 ET Summary Imperial Oil pays a strong dividend and has recently repurchased shares creating shareholder value. The company has outperformed the S&P 500 in the last 3 years when adjusting for dividends. Capital investments will create margin expansion an...

S.L. Evers to assume management oversight of Imperial’s downstream operations effective May 1, 2023 Imperial (TSE: IMO, NYSE American: IMO) announced today that S.L. (Sherri) Evers, currently Vice President, Commercial and Corporate Development, will become the company’s S...