Imperial Oil (IMO) Stock Price, News & Analysis

+0.12 (+0.17%)
(As of 04/24/2024 ET)
Today's Range
50-Day Range
52-Week Range
182,657 shs
Average Volume
369,478 shs
Market Capitalization
$37.85 billion
P/E Ratio
Dividend Yield
Price Target

Imperial Oil MarketRank™ Stock Analysis

Analyst Rating
2.20 Rating Score
20.8% Upside
$85.33 Price Target
Short Interest
10.64% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.49mentions of Imperial Oil in the last 14 days
Based on 6 Articles This Week
Insider Trading
Proj. Earnings Growth
From $6.07 to $6.52 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.

2.54 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

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Imperial to hold 2024 First Quarter Earnings Call
Grown Rogue Hits 52-Week High on News
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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Imperial Oil Limited (IMO)
IMO Apr 2024 70.000 call
Six oil stocks with sustainable dividends
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 4/1 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Petroleum refining
Current Symbol
Previous Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
5 Analysts


Net Income
$3.62 billion
Pretax Margin


Sales & Book Value

Annual Sales
$37.75 billion
Cash Flow
$9.42 per share
Book Value
$30.72 per share


Free Float
Market Cap
$37.85 billion
Not Optionable
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Key Executives

  • Mr. Bradley William Corson BS (Age 62)
    Chairman, President & CEO
    Comp: $4.18M
  • Mr. Daniel E. Lyons (Age 61)
    Senior VP of Finance & Administration and Controller
    Comp: $1.91M
  • Mr. Simon P. Younger (Age 48)
    Senior Vice President of Upstream
    Comp: $1.22M
  • Ms. Sherri L. Evers (Age 47)
    Senior Vice President of Sustainability, Commercial Development & Product Solutions
    Comp: $582.09k
  • Mr. Bruce A. Jolly (Age 56)
    Comp: $763.59k
  • 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


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

  • Imperial Oil reported strong quarterly earnings, surpassing analyst estimates by $0.26 per share, indicating solid financial performance.
  • The company has a healthy return on equity of 20.92%, showcasing efficient utilization of shareholder funds to generate profits.
  • Imperial Oil has a diversified business model with operations in exploration, production, refining, and chemical segments, reducing risk exposure to fluctuations in any single sector.
  • The recent increase in dividend payouts by Imperial Oil signals confidence in the company's financial stability and future growth prospects.
  • With a market cap of $36.76 billion, Imperial Oil is a significant player in the industry, offering stability and potential for long-term growth.


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

  • Imperial Oil's stock price has been volatile, with fluctuations impacting short-term investor sentiment and potentially leading to higher risk.
  • The company's revenue in the last quarter was below consensus estimates, indicating potential challenges in meeting market expectations.
  • Imperial Oil's debt-to-equity ratio of 0.18 may raise concerns about the company's leverage levels and ability to manage debt effectively.
  • The energy sector, where Imperial Oil operates, is subject to regulatory changes, geopolitical risks, and commodity price fluctuations, posing uncertainties for investors.
  • Analysts project a lower earnings per share for the current year compared to previous periods, suggesting potential challenges in maintaining growth momentum.
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 Thursday, April 11, 2024. Please send any questions or comments about these Imperial Oil pros and cons to contact@marketbeat.com.

IMO Stock Analysis - Frequently Asked Questions

Should I buy or sell Imperial Oil stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Imperial Oil in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" IMO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IMO, but not buy additional shares or sell existing shares.
View IMO analyst ratings
or view top-rated stocks.

What is Imperial Oil's stock price target for 2024?

5 brokerages have issued twelve-month target prices for Imperial Oil's shares. Their IMO share price targets range from $76.00 to $95.00. On average, they expect the company's stock price to reach $85.33 in the next year. This suggests a possible upside of 20.8% from the stock's current price.
View analysts price targets for IMO
or view top-rated stocks among Wall Street analysts.

How have IMO shares performed in 2024?

Imperial Oil's stock was trading at $57.69 at the beginning of 2024. Since then, IMO stock has increased by 22.4% and is now trading at $70.63.
View the best growth stocks for 2024 here

Are investors shorting Imperial Oil?

Imperial Oil saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 17,330,000 shares, an increase of 6.1% from the March 15th total of 16,340,000 shares. Based on an average daily trading volume, of 424,600 shares, the days-to-cover ratio is presently 40.8 days. Currently, 10.6% of the shares of the stock are short sold.
View Imperial Oil's Short Interest

When is Imperial Oil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our IMO earnings forecast

How were Imperial Oil's earnings last quarter?

Imperial Oil Limited (NYSEAMERICAN:IMO) announced its earnings results on Friday, February, 2nd. The energy company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.26. The energy company had revenue of $9.63 billion for the quarter, compared to the consensus estimate of $12.29 billion. Imperial Oil had a net margin of 9.59% and a trailing twelve-month return on equity of 20.92%.

How often does Imperial Oil pay dividends? What is the dividend yield for Imperial Oil?

Imperial Oil announced a quarterly dividend on Monday, February 5th. Shareholders of record on Monday, March 4th will be given a dividend of $0.4473 per share on Monday, April 1st. This represents a $1.79 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Friday, March 1st. This is a boost from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for IMO

Is Imperial Oil a good dividend stock?

Imperial Oil (NYSEAMERICAN:IMO) pays an annual dividend of $1.77 per share and currently has a dividend yield of 2.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IMO will have a dividend payout ratio of 27.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IMO.

What other stocks do shareholders of Imperial Oil own?

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

Who are Imperial Oil's major shareholders?

Imperial Oil's stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.10%), QV Investors Inc. (0.10%), Guinness Asset Management LTD (0.05%), Raymond James Financial Services Advisors Inc. (0.02%), Azzad Asset Management Inc. ADV (0.02%) and Maryland State Retirement & Pension System (0.01%).

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.

This page (NYSEAMERICAN:IMO) was last updated on 4/25/2024 by MarketBeat.com Staff

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