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NYSEAMERICAN:IMO

Imperial Oil (IMO) Stock Price, News & Analysis

$75.08
-1.55 (-2.02%)
(As of 10/23/2024 ET)

About Imperial Oil Stock (NYSEAMERICAN:IMO)

Key Stats

Today's Range
$74.54
$76.29
50-Day Range
N/A
52-Week Range
$52.97
$80.17
Volume
220,019 shs
Average Volume
399,609 shs
Market Capitalization
$39.68 billion
P/E Ratio
10.63
Dividend Yield
2.37%
Price Target
$99.50
Consensus Rating
Hold

Company Overview

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products. It transports crude oil production and third-party crude oil to refineries by contracted pipelines, common carrier pipelines, and rail; owns and operates refineries; maintains a distribution system to move petroleum products to market by pipeline, tanker, rail, and road transport; owns and operates fuel terminals, natural gas liquids, and products pipelines in Alberta, Manitoba, and Ontario; markets petroleum products under the Esso and Mobil brand names; and sells petroleum products, including fuel, asphalt, and lubricants to industrial and transportation customers, independent marketers, resellers, and other refiners, as well as the agriculture, residential heating, and commercial markets through branded fuel and lubricant resellers. The Chemical segment manufactures and markets benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin; and markets refinery grade propylene. The company was incorporated in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.

Imperial Oil Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
65th Percentile Overall Score

IMO MarketRank™: 

Imperial Oil scored higher than 65% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Imperial Oil has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Imperial Oil has only been the subject of 1 research reports in the past 90 days.

  • Read more about Imperial Oil's stock forecast and price target.
  • Earnings Growth

    Earnings for Imperial Oil are expected to decrease by -2.74% in the coming year, from $6.20 to $6.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Imperial Oil is 10.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.40.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Imperial Oil is 10.63, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.93.

  • Price to Book Value per Share Ratio

    Imperial Oil has a P/B Ratio of 2.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    9.19% of the float of Imperial Oil has been sold short.
  • Short Interest Ratio / Days to Cover

    Imperial Oil has a short interest ratio ("days to cover") of 39, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Imperial Oil has recently decreased by 4.02%, indicating that investor sentiment is improving.
  • Dividend Yield

    Imperial Oil pays a meaningful dividend of 2.30%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Imperial Oil does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Imperial Oil is 25.21%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Imperial Oil will have a dividend payout ratio of 29.52% next year. This indicates that Imperial Oil will be able to sustain or increase its dividend.

  • Read more about Imperial Oil's dividend.
  • Percentage of Shares Shorted

    9.19% of the float of Imperial Oil has been sold short.
  • Short Interest Ratio / Days to Cover

    Imperial Oil has a short interest ratio ("days to cover") of 39, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Imperial Oil has recently decreased by 4.02%, indicating that investor sentiment is improving.
  • News Sentiment

    Imperial Oil has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Imperial Oil this week, compared to 5 articles on an average week.
  • Search Interest

    11 people have searched for IMO on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Imperial Oil to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Imperial Oil insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 20.74% of the stock of Imperial Oil is held by institutions.

  • Read more about Imperial Oil's insider trading history.
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IMO Stock News Headlines

Is Imperial Oil Stock a Buy for Its 2.3% Dividend Yield?
Where Will Imperial Oil Stock Be in 1 Year?
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Raymond James Sticks to Its Hold Rating for Imperial Oil (IMO)
See More Headlines

IMO Stock Analysis - Frequently Asked Questions

Imperial Oil's stock was trading at $57.69 at the start of the year. Since then, IMO shares have increased by 30.1% and is now trading at $75.08.
View the best growth stocks for 2024 here
.

Imperial Oil Limited (NYSEAMERICAN:IMO) posted its quarterly earnings results on Friday, August, 2nd. The energy company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.11. The energy company earned $9.78 billion during the quarter, compared to analysts' expectations of $10.50 billion. Imperial Oil had a trailing twelve-month return on equity of 22.73% and a net margin of 10.05%.

Top institutional investors of Imperial Oil include QV Investors Inc. (0.08%), Guinness Asset Management LTD (0.04%), Azzad Asset Management Inc. ADV (0.01%) and Ritholtz Wealth Management (0.01%).

Shares of IMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Imperial Oil investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Invesco QQQ (QQQ), Arista Networks (ANET), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
8/02/2024
Ex-Dividend for 10/1 Dividend
9/04/2024
Dividend Payable
10/01/2024
Today
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NYSEAMERICAN:IMO
Previous Symbol
NYSEMKT:IMO
Employees
5,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$99.50
High Stock Price Target
$110.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+32.5%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$3.62 billion
Pretax Margin
13.11%

Debt

Sales & Book Value

Annual Sales
$37.75 billion
Cash Flow
$9.13 per share
Book Value
$30.72 per share

Miscellaneous

Free Float
N/A
Market Cap
$39.68 billion
Optionable
Not Optionable
Beta
1.44
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This page (NYSEAMERICAN:IMO) was last updated on 10/24/2024 by MarketBeat.com Staff
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