IMO:CC News and Press, Imperial Oil Limited From 08/02/22

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...

Canadian Prime Minister Justin Trudeau's demand for sharp emissions cuts from the energy sector to reach net-zero amounts to government overreach , Imperial Oil ( NYSE: IMO ) CEO Brad Corson said Friday. "It is very aggressive and stretches the capability of what is tech...

Imperial Oil Limited (IMO) Q2 2022 Earnings Conference Call July 29, 2022 11:00 AM ET Company Participants David Hughes - Vice President, Investor Relations Brad Corson - Chairman, President and CEO Dan Lyons - Senior Vice President, Finance and Administration ...

Imperial Oil press release ( NYSE: IMO ): Q2 GAAP EPS of C$3.63. Revenue of C$17.31B (+115.0% Y/Y) beats by C$4.79B . Upstream production of 413,000 gross oil equivalent barrels per day, highest second quarter in over 30 years Sustained strong Downstream operat...

On July 20, Statistics Canada revealed that inflation rose to 8.1% in the month of June. That represented the fastest annual increase in the cost of living in 39 years. The Bank of Canada (BoC) moved forward with a higher-than-expected interest rate hike of 1% earlier this month. Despite it...

The year isn’t over, but it seems the TSX might be hard-pressed to match its 21.74% total return in 2021. As of July 15, 2022, the index is losing 13.33% thus far in 2022. In the same stretch last year, the index’s year-to-date gain was already 15.8%, thanks to the comebac...

(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 2022 Second Quarter Earnings Call on Friday, July 29, following the company’s second quarter earning...

The Bank of Canada (BoC) stunned onlookers to kick off this week when it elected to hike the benchmark interest rate by a full percentage point. That brings the benchmark rate to a total of 2.5%. Policymakers are working feverishly to combat the inflation rate that is squeezing Canadian con...

Imperial Oil is one of the smaller integrated oil companies, but managed to achieve strong margins at every step of the process. The company has consistently improved its dividend to an almost 2.5% yield and can continue increasing that. The company is undergoing additional share ...

Stock market returns are hard to predict, because economic conditions change. The reminder of seasoned investors and fund managers that past performance is no guarantee of future results is also true. Canada’s primary equities market has never posted the same percentage gain or l...