Quote Overview

Stock Activity

Open	70.68
Day Low	69.61
Day High	71.47
52 Wk Low	44.46
52 Wk High	74.53
Avg. Volume	363,669
Market Cap	37.85 B
Dividend	1.77 ( 2.50%)
Beta	1.48

Key Earnings Data

Earnings ESP	0.00%
Most Accurate Est	1.55
Current Qtr Est	1.55
Current Yr Est	6.07
Exp Earnings Date	^*BMO4/26/24
Prior Year EPS	6.29
Exp EPS Growth (3-5yr) NA
Forward PE	11.64
PEG Ratio	NA

Oils-Energy » Oil and Gas - Integrated - Canadian

*BMO = Before Market Open *AMC = After Market Close

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Style Scores A Value B Growth C Momentum A VGM
Zacks Rank	Buy 2
Zacks Industry Rank	Top 19%(49 out of 252)
Zacks Sector Rank	Top 44% (7 out of 16)
Earnings ESP	0.00%
Research Reports for IMO Analyst \| Snapshot

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Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
Imperial Oil	IMO
Cenovus Energy	CVE
Gibson Energy	GBNXF
Suncor Energy	SU

See all Oil and Gas - Integrated - Canadian Peers

Zacks News for IMO

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Company Summary

Founded in 1880, Calgary-based Imperial Oil Limited is one of the largest integrated oil companies of Canada, mainly engaged in the oil and gas production, petroleum products refining and marketing and chemical business. It is Canada’s largest jet fuel supplier and a major producer of asphalt. Notably, Imperial Oil is the subsidiary of one the world’s largest publicly traded oil and gas company Exxon Mobil Corporation which holds 69.6% ownership stake.

The company primarily operates under three segments: Upstream, Downstream and Chemical.

Upstream: The upstream unit of the company is involved in the exploration and production of crude and synthetic oil, bitumen and natural gas. As of year-end 2021, Imperial Oil had a proved reserve base of 2,717 million oil equivalent barrels (86% proved developed). Imperial Oil primarily focuses on three main assets in Alberta - the Syncrude oil sands joint venture with Suncor Energy, the Aspen, and the Kearl oil sands projects. The company produces around 400,000 barrels of oil equivalent per day from these properties. Imperial Oil's upstream assets have a proved reserve life of nearly 30 years and have generated more than $16 billion in cash over the last ten years. The upstream segment contributed around 8.7% of the company’s 2023 revenues. In 2023, production averaged 360 thousand barrels of oil equivalent per day (MBOE/d), of which more than 95% were liquids.

Downstream: The downstream segment deals with the refining of crude oil along with distribution and marketing of refined products. Imperial Oil owns and operates three refineries in Canada, with combined refining capacity of 423,000 barrels per day. Additionally, the unit is engaged with the selling of petroleum products under the Esso and Mobil brands, with more than 1,800 retail sites. This segment was responsible for 28.5% of the total revenues last year.

Chemical: The Chemical segment is concerned with the manufacture and marketing of various petrochemicals including plasticizers, polyethylene resins, benzene among others. The unit accounted for just 0.6% of the company’s 2023 revenues.