S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

Imperial Oil (IMO) Stock Price, News & Analysis

$55.37
+1.63 (+3.03%)
(As of 12/8/2023 08:57 PM ET)
Compare
Today's Range
$53.80
$55.95
50-Day Range
$44.46
$60.27
52-Week Range
$44.22
$63.07
Volume
412,600 shs
Average Volume
489,753 shs
Market Capitalization
$30.73 billion
P/E Ratio
8.38
Dividend Yield
2.60%
Price Target
$62.83

Imperial Oil MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
13.5% Upside
$62.83 Price Target
Short Interest
Bearish
5.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.37
Upright™ Environmental Score
News Sentiment
0.26mentions of Imperial Oil in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.18%
From $5.57 to $5.97 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.58 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 for, and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment is involved in the transportation and refining of crude oil, blending of refined products, and the distribution and marketing of refined products. It also 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 brands; and sells petroleum products, including fuel, asphalt, and lubricants for industrial and transportation customers, independent marketers, and resellers, as well as other refiners serving the agriculture, residential heating, and commercial markets through branded fuel and lubricant resellers. The Chemical segment manufactures and markets various 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

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Imperial Oil Ltd's Dividend Analysis
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
TSX Ends Session On Firm Note, Gains 2.65% In Week
Analysts’ Top NA Picks: Chevron (CVX), Imperial Oil (IMO)
Imperial Oil (IMO) Q3 Earnings Top Estimates
Imperial Oil reports fall in quarterly profits
Imperial Oil GAAP EPS of C$2.76, revenue of C$13.92B
Imperial declares fourth quarter 2023 dividend
See More Headlines
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Company Calendar

Ex-Dividend for 10/1 Dividend
8/31/2023
Dividend Payable
10/01/2023
Last Earnings
10/27/2023
Ex-Dividend for 1/1 Dividend
11/30/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/01/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$62.83
High Stock Price Target
$95.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+13.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$5.65 billion
Pretax Margin
13.21%

Debt

Sales & Book Value

Annual Sales
$45.90 billion
Cash Flow
$12.25 per share
Book Value
$29.51 per share

Miscellaneous

Free Float
N/A
Market Cap
$30.73 billion
Optionable
Not Optionable
Beta
1.49
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Key Executives

  • Mr. Bradley William Corson BS (Age 61)
    Chairman, President & CEO
    Comp: $4.42M
  • Mr. Daniel E. Lyons (Age 60)
    Senior VP of Finance & Administration and Controller
    Comp: $2.72M
  • Mr. Simon P. Younger (Age 47)
    Senior Vice President of Upstream
    Comp: $1.5M
  • Mr. Bruce A. Jolly (Age 55)
    Treasurer
    Comp: $889.44k
  • Dave Hughes
    Manager of Investor Relations
  • Mr. Ian R. Laing (Age 49)
    VP, General Counsel & Corporate Secretary
  • Ms. Kristi L. Desjardins (Age 49)
    Vice President of Human Resources
  • Ms. Sherri L. Evers (Age 46)
    Senior Vice President of Sustainability, Commercial Development & Product Solutions

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Imperial Oil was last updated on Tuesday, November 28, 2023 at 11:36 AM.

Pros

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

  • Imperial Oil Limited has shown recent developments in decarbonization projects, such as partnering with Holcim in the GCC region to pave the way for decarbonization. This indicates a commitment to sustainability and aligning with global efforts to reduce carbon emissions.
  • Imperial Oil Limited has also partnered with Cemex and Filinvest to green its energy mix in Cebu, demonstrating a focus on renewable energy and transitioning towards a more sustainable energy portfolio.
  • Investing in Imperial Oil Limited provides exposure to the energy sector, which is a crucial component of the global economy. As energy demand continues to grow, companies in this sector have the potential for long-term profitability.
  • Imperial Oil Limited's recent developments in decarbonization and renewable energy projects may attract environmentally conscious investors who prioritize sustainability in their investment decisions.
  • Considering the current stock price of Imperial Oil Limited, investors can evaluate the company's valuation and potential for future growth.

Cons

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

  • The oil and gas industry is subject to volatility due to factors such as fluctuating oil prices, geopolitical tensions, and regulatory changes. These factors can impact the profitability and stability of companies like Imperial Oil Limited.
  • Imperial Oil Limited's reliance on traditional fossil fuels may pose risks in the long term as the world transitions towards cleaner and renewable energy sources. This could potentially impact the company's future growth and profitability.
  • Investing in the energy sector carries inherent risks, including environmental risks, regulatory risks, and market risks. Investors should carefully assess these risks before making investment decisions.
  • Imperial Oil Limited operates in a highly competitive industry, facing competition from both domestic and international players. This competitive landscape can impact the company's market share and profitability.
  • Investors should consider the potential impact of global trends and policies aimed at reducing carbon emissions on the future demand for oil and gas products. These trends could affect the long-term viability of companies in the industry.














IMO Stock Analysis - Frequently Asked Questions

Should I buy or sell Imperial Oil stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Imperial Oil in the last year. There are currently 4 hold ratings and 2 buy ratings 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?

6 Wall Street research analysts have issued 1 year target prices for Imperial Oil's stock. Their IMO share price targets range from $39.00 to $95.00. On average, they anticipate the company's stock price to reach $62.83 in the next year. This suggests a possible upside of 13.5% 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 2023?

Imperial Oil's stock was trading at $48.74 at the beginning of 2023. Since then, IMO stock has increased by 13.6% and is now trading at $55.37.
View the best growth stocks for 2023 here
.

Are investors shorting Imperial Oil?

Imperial Oil saw a increase in short interest in October. As of October 31st, there was short interest totaling 6,920,000 shares, an increase of 11.1% from the October 15th total of 6,230,000 shares. Based on an average daily trading volume, of 484,500 shares, the short-interest ratio is currently 14.3 days. Currently, 3.6% of the shares of the stock are sold short.
View Imperial Oil's Short Interest
.

How were Imperial Oil's earnings last quarter?

Imperial Oil Limited (NYSEAMERICAN:IMO) posted its earnings results on Friday, October, 27th. The energy company reported $2.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.81 by $0.25. The energy company earned $10.38 billion during the quarter, compared to the consensus estimate of $13.41 billion. Imperial Oil had a trailing twelve-month return on equity of 22.23% and a net margin of 10.03%.

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

Imperial Oil declared a quarterly dividend on Monday, October 30th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.3619 per share on Monday, January 1st. This represents a $1.45 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for IMO
.

Is Imperial Oil a good dividend stock?

Imperial Oil (NYSEAMERICAN:IMO) pays an annual dividend of $1.44 per share and currently has a dividend yield of 2.68%. The dividend payout ratio is 21.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IMO will have a dividend payout ratio of 24.12% 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 a variety of institutional and retail investors. Top institutional investors include FMR LLC (5.15%), First Eagle Investment Management LLC (4.00%), The Manufacturers Life Insurance Company (0.61%), Connor Clark & Lunn Investment Management Ltd. (0.49%), Bank of Nova Scotia (0.34%) and Toronto Dominion Bank (0.22%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:IMO) was last updated on 12/11/2023 by MarketBeat.com Staff

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