Imperial Oil Limited's Stock Analysis

Imperial Oil Reports Third Quarter 2025 Financial Results

Imperial Oil Limited reported a net income of $539 million for the third quarter of 2025, a decrease from $949 million in the previous quarter, primarily due to a non-cash impairment charge and a restructuring charge. Excluding identified items, net income was $1,094 million, an increase from the prior quarter, driven by strong operational performance. The company achieved its highest quarterly production in over 30 years, averaging 462,000 gross oil-equivalent barrels per day, with record production at the Kearl site. Cash flows from operating activities also increased to $1,798 million, up from $1,465 million in the previous quarter, indicating improved operational efficiency.

During the quarter, Imperial returned $1,835 million to shareholders through dividends and share repurchases, with $366 million in dividends and $1,469 million in share buybacks. The company announced a fourth-quarter dividend of 72 cents per share and plans to complete its accelerated normal course issuer bid program by year-end. Despite facing challenges such as a non-cash impairment and restructuring costs, Imperial remains focused on enhancing shareholder returns and operational excellence through strategic restructuring and technology advancements.

Oct 31, 2025 08:10:42

Imperial Oil Declares Fourth Quarter 2025 Dividend Payment

Imperial Oil Limited has declared a quarterly dividend of 72 cents per share on its common shares, which will be payable on January 1, 2026, to shareholders recorded by December 3, 2025. This dividend amount remains the same as the third quarter 2025 dividend.

The company has a longstanding history of financial stability and has consistently paid dividends for over a century, increasing its annual dividend for 31 consecutive years. As Canada’s largest petroleum refiner and a major crude oil producer, Imperial Oil continues to focus on responsible development and innovation in the energy sector.

Oct 31, 2025 08:04:49

Imperial Oil to Host Third Quarter Earnings Call on October 31

Imperial Oil Limited will hold its Third Quarter Earnings Call on October 31, 2025, at 9 a.m. MT, following the release of its third quarter earnings earlier that morning. The call will feature remarks from CEO John Whelan and will be accessible via webcast, with a recording available for one year on the company's website.

Investors are advised to monitor Imperial's website or Canada's SEDAR+ system for any updates in case of technical difficulties with the earnings press release filing. Imperial Oil is recognized as Canada’s largest petroleum refiner and a significant player in crude oil production and petrochemicals, emphasizing its commitment to high operational standards and innovation in the energy sector.

Oct 15, 2025 16:37:49

Imperial Oil Announces Restructuring for Cost Savings and Efficiency

Imperial Oil Limited has announced a restructuring plan aimed at enhancing its cash flow and shareholder returns by centralizing corporate and technical activities in global business and technology centres. This initiative is expected to yield annual expense savings of $150 million by 2028, while maintaining the company's production and cost targets for its Kearl and Cold Lake operations. The restructuring will involve a reduction of approximately 20% in employee roles by the end of 2027, leading to a one-time restructuring charge of about $330 million before tax in the third quarter of 2025.

The restructuring is aligned with Imperial's strategy to leverage technology and its relationship with ExxonMobil to improve operational efficiency and productivity. By consolidating activities and enhancing collaboration at operating sites, Imperial aims to drive long-term revenue growth and financial resilience. The company remains committed to maintaining high safety and operational standards throughout this transition, ensuring responsible energy production and support for the communities in which it operates.

Sep 29, 2025 21:00:19

Imperial Oil Appoints New Director and Leadership Transition Announced

Imperial Oil Limited has appointed Tanya Bryja to its board of directors, effective September 16, 2025. Ms. Bryja is currently the Senior Vice President of Energy Products at ExxonMobil, bringing over 27 years of experience in the energy sector. Her extensive background includes various roles within ExxonMobil's downstream and corporate organizations in the U.S. and Belgium.

Additionally, David Cornhill, the current Lead Director, will retire from the board at the 2026 annual meeting, with Miranda Hubbs selected to succeed him as Lead Director starting October 1, 2025. Cornhill will continue to serve as an independent director until the meeting. Imperial Oil remains a significant player in Canada's energy sector, focusing on responsible development and high operational standards.

Sep 17, 2025 08:02:40

Imperial Oil Reports Second Quarter 2025 Financial Results

Imperial Oil Limited reported a net income of $949 million for the second quarter of 2025, down from $1,288 million in the previous quarter. The company's cash flows from operating activities were $1,465 million, compared to $1,527 million in the first quarter. Upstream production averaged 427,000 gross oil-equivalent barrels per day, marking the highest second quarter production in over 30 years, driven by record production at the Kearl facility. The company also completed the construction of Canada's largest renewable diesel facility at the Strathcona refinery and renewed its share repurchase program to buy back up to five percent of its outstanding shares.

In terms of shareholder returns, Imperial distributed $367 million through dividends in the second quarter and declared a quarterly dividend of 72 cents per share. The company plans to accelerate its share repurchases under the normal course issuer bid program, aiming to complete the purchases by year-end. Despite a decrease in net income compared to the previous quarter, Imperial's operational performance, particularly in upstream production and the successful execution of planned turnaround work, positions it for future growth.

Aug 01, 2025 08:12:15

Imperial Oil Declares Third Quarter 2025 Dividend Payment

Imperial Oil Limited has declared a quarterly dividend of 72 cents per share, payable on October 1, 2025, to shareholders of record by September 4, 2025. This dividend remains unchanged from the previous quarter's payment. The company has a long-standing history of paying dividends annually for over 100 years and has consistently increased its annual dividend for 30 years.

As a leading player in the petroleum industry, Imperial Oil is recognized as Canada’s largest petroleum refiner and a significant producer of crude oil and petrochemicals. The company emphasizes its commitment to high standards in developing Canada’s energy resources responsibly while maintaining a stable financial position.

Aug 01, 2025 08:09:49

Imperial Oil Announces Second Quarter Earnings Call Details

Imperial Oil Limited will host its 2025 Second Quarter Earnings Call on August 1, following the release of its earnings report earlier that day. The call will feature remarks from CEO John Whelan and will be accessible via a live webcast starting at 9 a.m. MT. Investors can register for the webcast through the company's website, and the recording will be available for one year.

In case of any technical issues with the earnings press release filing, investors are advised to check Imperial's website or Canada’s SEDAR+ system for updates. Imperial Oil is recognized as Canada’s largest petroleum refiner and a major crude oil producer, emphasizing its commitment to technology and innovation in energy resource development.

Jul 17, 2025 16:37:57

Imperial Oil Announces Share Buyback Program for 2025-2026

Imperial Oil Limited has received approval from the Toronto Stock Exchange for a normal course issuer bid (NCIB) to repurchase up to 25,452,248 shares, representing five percent of its outstanding common shares. This program will commence on June 29, 2025, and will last for one year, or until the maximum number of shares is purchased. The company has set up an automatic share purchase plan to facilitate these transactions, which can occur even during regulatory restrictions or black-out periods.

The NCIB aims to return cash to shareholders and mitigate share dilution related to the company’s restricted stock unit plan. ExxonMobil, which holds a majority stake in Imperial, plans to participate in the buyback to maintain its ownership level at approximately 69.6 percent. In the previous buyback program, Imperial repurchased the maximum number of shares allowed, totaling about $2.68 billion. All purchases will be conducted through the Toronto Stock Exchange and subsequent shares bought will be canceled.

Jun 23, 2025 08:00:50

Imperial Oil Elects Seven Directors at Annual Shareholder Meeting

Imperial Oil Limited held its annual meeting of shareholders on May 8, 2025, where all seven nominees proposed as directors were elected. A total of 474,218,780 shares, accounting for 93.16 percent of outstanding common shares, were represented during the voting process. The results for each nominee included significant support, with David Cornhill receiving 458,688,249 votes in favor and 11,623,865 against, while Sharon Driscoll garnered 460,709,337 votes for and 9,602,197 against, among others.

The company, noted for being Canada's largest petroleum refiner and a significant producer of crude oil, continues to focus on applying technology and innovation in its operations. Imperial Oil emphasizes its commitment to maintaining high standards in all areas of its business, which may influence investor confidence and stock performance.

May 08, 2025 17:15:59