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NYSEAMERICAN:IMO

Imperial Oil (IMO) Stock Price, News & Analysis

$66.18
-1.82 (-2.68%)
(As of 05:12 PM ET)
Today's Range
$65.36
$67.91
50-Day Range
N/A
52-Week Range
$52.97
$77.70
Volume
761,001 shs
Average Volume
388,027 shs
Market Capitalization
$34.97 billion
P/E Ratio
10.37
Dividend Yield
2.63%
Price Target
$99.50

Imperial Oil MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
50.3% Upside
$99.50 Price Target
Short Interest
Bearish
8.63% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.37
Upright™ Environmental Score
News Sentiment
1.16mentions of Imperial Oil in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.54%
From $6.29 to $6.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.26 out of 5 stars

IMO stock logo

About Imperial Oil Stock (NYSEAMERICAN:IMO)

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.

IMO Stock Price History

IMO Stock News Headlines

Imperial Oil (TSE:IMO) Is Experiencing Growth In Returns On Capital
Kamala Harris May Seize This Cutting-Edge Tech -- Act Now
A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year.
IMO Sep 2024 60.000 call
IMO Sep 2024 90.000 call (IMO240920C00090000)
Kamala Harris May Seize This Cutting-Edge Tech -- Act Now
A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year.
3 Cheap Stocks That Are Looking Extra Spicy
Imperial declares third quarter 2024 dividend
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
6/03/2024
Dividend Payable
7/01/2024
Last Earnings
8/02/2024
Ex-Dividend for 10/1 Dividend
9/04/2024
Today
9/10/2024
Dividend Payable
10/01/2024
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
+50.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
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
$9.14 per share
Book Value
$30.72 per share

Miscellaneous

Free Float
N/A
Market Cap
$34.97 billion
Optionable
Not Optionable
Beta
1.45
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Key Executives

  • Mr. Bradley William Corson BS (Age 62)
    Chairman, President & CEO
    Comp: $4.15M
  • Mr. Daniel E. Lyons (Age 61)
    Senior VP of Finance & Administration and Controller
    Comp: $1.9M
  • Mr. Simon P. Younger (Age 48)
    Senior Vice President of Upstream
    Comp: $1.21M
  • Ms. Sherri L. Evers (Age 47)
    Senior Vice President of Sustainability, Commercial Development & Product Solutions
    Comp: $578.91k
  • Mr. Bruce A. Jolly (Age 56)
    Treasurer
    Comp: $759.42k
  • Peter Shaw
    Vice President of Investor Relations
  • Mr. Ian R. Laing (Age 50)
    VP, General Counsel & Corporate Secretary
  • Ms. Kristi L. Desjardins (Age 50)
    Vice President of Human Resources
  • Dave Hughes
    Manager of Investor Relations

Should I Buy Imperial Oil Stock? IMO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Imperial Oil Limited:

  • Imperial Oil Limited has consistently maintained a healthy net margin, indicating efficient cost management and profitability.
  • The company's return on equity of over 20% showcases strong performance in generating returns for shareholders.
  • Despite missing revenue expectations, Imperial Oil Limited has a positive earnings per share (EPS) outlook for the current year, which could attract investor interest.
  • Imperial Oil Limited's dividend payout ratio of 27.59% suggests a sustainable dividend policy, providing income to investors.
  • Institutional investors and hedge funds have been increasing their positions in Imperial Oil Limited, indicating confidence in the company's future prospects.

Cons

Investors should be bearish about investing in Imperial Oil Limited for these reasons:

  • Imperial Oil Limited recently cut its dividend, which may raise concerns among income-focused investors.
  • Analysts have issued mixed ratings on the stock, with some downgrades and lowered price targets, potentially signaling uncertainty in the company's performance.
  • The company's revenue fell short of analysts' expectations, indicating potential challenges in revenue generation.
  • Imperial Oil Limited's stock price performance may be impacted by market volatility and fluctuations in the energy sector.
  • While the company has a positive EPS outlook, the revenue miss could lead to cautious investor sentiment regarding future growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these Imperial Oil pros and cons to contact@marketbeat.com.

IMO Stock Analysis - Frequently Asked Questions

How have IMO shares performed this year?

Imperial Oil's stock was trading at $57.69 on January 1st, 2024. Since then, IMO stock has increased by 14.7% and is now trading at $66.18.
View the best growth stocks for 2024 here
.

How were Imperial Oil's earnings last quarter?

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

Who are Imperial Oil's major shareholders?

Top institutional shareholders of Imperial Oil include First Eagle Investment Management LLC (4.08%), The Manufacturers Life Insurance Company (0.76%), TD Asset Management Inc (0.71%) and Dimensional Fund Advisors LP (0.18%).

How do I buy shares of Imperial Oil?

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.

What other stocks do shareholders of Imperial Oil own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Imperial Oil investors own include Suncor Energy (SU), Range Resources (RRC), International Business Machines (IBM), Exxon Mobil (XOM), Callon Petroleum (CPE), Enbridge (ENB) and Mondi (MNDI).

This page (NYSEAMERICAN:IMO) was last updated on 9/10/2024 by MarketBeat.com Staff

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