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TSE:IMO

Imperial Oil Q2 2024 Earnings Report

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C$171.14 +1.52 (+0.90%)
As of 04:00 PM Eastern

Imperial Oil EPS Results

Actual EPS
C$2.11
Consensus EPS
C$1.94
Beat/Miss
Beat by +C$0.17
One Year Ago EPS
N/A

Imperial Oil Revenue Results

Actual Revenue
$13.38 billion
Expected Revenue
$14.30 billion
Beat/Miss
Missed by -$914.56 million
YoY Revenue Growth
N/A

Imperial Oil Announcement Details

Quarter
Q2 2024
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Imperial Oil Earnings Headlines

Stranded On The Flood Plains of History
The petrodollar arrangement that Kissinger brokered in 1974 officially expired in June 2024. China has slashed U.S. Treasury holdings by 45% from peak, and central banks are swapping dollars for gold at the fastest pace since the Cold War. Porter Stansberry believes Trump is channeling more than $3 trillion toward securing the minerals, chips, and infrastructure that make AI possible - and companies at those chokepoints like Vertiv (up 500%), GE Vernova (up 700%), and Arista Networks (up 750%) are already moving. Porter's new briefing names one asset to buy today plus five stocks positioned at the narrowest chokepoints of what he calls the Silicon Dollar.tc pixel
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About Imperial Oil

Imperial Oil (TSE:IMO) is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d.

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