IMO:CC News and Press, Imperial Oil Limited From 05/12/22

House Speaker Pelosi said Thursday that Democrats will present a bill on gasoline price gouging next week. The bill will enable the President to issue emergency declarations making it illegal to increase gasoline prices, according to Bloomberg Energy reporter Javier Blas:   Recent effort...

Ahead of Q1 results, investors focused on several key issues across the various energy sub-sectors. US E&P investors were focused on cost and activity guidance in the face of supply chain challenges and political pressure. Refining and integrated investors focused on demand outlooks ...

IMO is under-valued relative to peers. Imperial Oil is aggressive in returning capital to shareholders through dividend increases and share repurchases. We rate IMO stock a buy at current prices for investors looking for growth and income. All prices in Canadian dollars, unles...

Imperial Oil is part of the Exxon Mobil organization. The thoroughness of the vertical and other integration is modeled after Exxon Mobil. Cash returned to shareholders will take a big jump with the $2.5 billion stock repurchase. Exxon Mobil will tender a proportionate amount ...

Imperial Oil is an integrated oil and gas company in Canada. Free cash flow has accelerated significantly and is set to continue, underpinned by stable production base, lower cash costs and higher oil prices. With no alternatives to spend, management should continue to direct exce...

Back in March, I’d discussed the ongoing bull market for the oil and gas sector. Energy prices had already gained significant momentum in 2021. However, that kicked into high gear, as inflation rates soared in the first months of this year. The Russian invasion of Ukraine in Febr...

People holding mostly cash might be better off putting savings to work in the face of an impending stagflation. Committing even a small amount will result to an additional income, if not money growth over time. The TSX is your supermarket for stocks, although risks are ever present....

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced at its annual meeting of shareholders held on May 3, 2022, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 16, 2022 were elected as directors. A tot...

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the terms of its substantial issuer bid (the “Offer”) pursuant to which the company will offer to purchase for cancellation up to $2,500,000,000 of its common shares (the “Shares”). Subject t...

Imperial Oil Limited (IMO) Q1 2022 Earnings Conference Call April 29, 2022 11:00 AM ET Company Participants Dave Hughes - Vice President of Investor Relations Brad Corson - Chairman, President & Chief Executive Officer Dan Lyons - Senior Vice President, Finance & Administration Confer...