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NYSEAMERICAN:IMO

Imperial Oil (IMO) Stock Price, News & Analysis

$71.23
+0.79 (+1.12%)
(As of 11:09 AM ET)
Today's Range
$70.01
$71.30
50-Day Range
N/A
52-Week Range
$48.26
$74.58
Volume
121,208 shs
Average Volume
390,618 shs
Market Capitalization
$38.17 billion
P/E Ratio
11.16
Dividend Yield
2.47%
Price Target
$91.50

Imperial Oil MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
28.5% Upside
$91.50 Price Target
Short Interest
Bearish
8.30% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.37
Upright™ Environmental Score
News Sentiment
0.76mentions of Imperial Oil in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.20%
From $6.25 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.

3.41 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 (NYSEAMERICAN:IMO) PT Lowered to $110.00
Biden backs new "game-changer for humanity" technology
Bill Gates is calling it America's most important project... and it's expected to impact half a million jobs and unlock $40 trillion in a rapidly growing industry.
Imperial renews annual normal course issuer bid
Biden backs new "game-changer for humanity" technology
Bill Gates is calling it America's most important project... and it's expected to impact half a million jobs and unlock $40 trillion in a rapidly growing industry.
See More Headlines
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Company Calendar

Last Earnings
4/26/2024
Ex-Dividend for 7/1 Dividend
6/03/2024
Dividend Payable
7/01/2024
Today
7/15/2024
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
$91.50
High Stock Price Target
$110.00
Low Stock Price Target
$76.00
Potential Upside/Downside
+29.9%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$3.62 billion
Pretax Margin
12.31%

Debt

Sales & Book Value

Annual Sales
$37.75 billion
Cash Flow
$9.39 per share
Book Value
$30.72 per share

Miscellaneous

Free Float
N/A
Market Cap
$37.74 billion
Optionable
Not Optionable
Beta
1.47
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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's stock price has been showing positive momentum, trading up recently to $69.64, indicating potential growth.
  • Recent analyst ratings have been favorable, with upgrades and buy ratings from multiple sources, suggesting confidence in the company's performance.
  • Imperial Oil has a strong market capitalization of $37.32 billion, indicating stability and a solid financial standing.
  • Hedge funds and institutional investors have been increasing their stakes in Imperial Oil, reflecting positive sentiment and confidence in the company's future prospects.
  • The company has a relatively low P/E ratio of 10.95, which may indicate that the stock is undervalued compared to its earnings potential.

Cons

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

  • Despite recent positive movements, Imperial Oil's stock has experienced volatility in the past, which may pose risks for investors seeking stable returns.
  • The company's debt-to-equity ratio of 0.17 may raise concerns about its leverage and financial health, especially in uncertain market conditions.
  • Short interest in Imperial Oil has fluctuated, indicating potential market skepticism or uncertainty about the company's future performance.
  • While some analysts have upgraded their ratings, there are still hold ratings on the stock, suggesting mixed opinions on its outlook.
  • Imperial Oil's beta of 1.47 indicates higher volatility compared to the market average, which could lead to greater price fluctuations and risk for investors.
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, July 7, 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 at the beginning of 2024. Since then, IMO shares have increased by 23.5% and is now trading at $71.23.
View the best growth stocks for 2024 here
.

How were Imperial Oil's earnings last quarter?

Imperial Oil Limited (NYSEAMERICAN:IMO) released its quarterly earnings results on Friday, April, 26th. The energy company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.10. The energy company earned $9.11 billion during the quarter, compared to analyst estimates of $11.61 billion. Imperial Oil had a net margin of 9.46% and a trailing twelve-month return on equity of 20.76%.

Who are Imperial Oil's major shareholders?

Imperial Oil's top institutional shareholders include Guinness Asset Management LTD (0.05%), Manning & Napier Advisors LLC (0.01%), Clarius Group LLC and Baker Ellis Asset Management LLC.

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 7/15/2024 by MarketBeat.com Staff

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