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NYSEAMERICAN:IMO

Imperial Oil (IMO) Stock Price, News & Analysis

$68.65
-0.22 (-0.32%)
(As of 09/20/2024 ET)

About Imperial Oil Stock (NYSEAMERICAN:IMO)

Key Stats

Today's Range
$67.63
$68.94
50-Day Range
N/A
52-Week Range
$52.97
$77.70
Volume
422,989 shs
Average Volume
389,952 shs
Market Capitalization
$36.28 billion
P/E Ratio
10.76
Dividend Yield
2.59%
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

Overall MarketRank™: 73rd Percentile

Imperial Oil scored higher than 73% 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 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Imperial Oil has only been the subject of 2 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 grow by 2.54% in the coming year, from $6.29 to $6.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Imperial Oil is 10.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Imperial Oil is 10.76, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.03.

  • Price to Book Value per Share Ratio

    Imperial Oil has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    9.46% 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 43, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Imperial Oil has recently increased by 11.31%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Imperial Oil pays a meaningful dividend of 2.71%, 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 27.90%. 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 27.60% 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

    9.46% 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 43, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Imperial Oil has recently increased by 11.31%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Imperial Oil has a news sentiment score of 0.84. 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 higher news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Imperial Oil this week, compared to 5 articles on an average week.
  • Search Interest

    4 people have searched for IMO on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 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

Short Interest in Imperial Oil Limited (NYSEAMERICAN:IMO) Rises By 11.3%
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Imperial Oil Limited Share Price (IMO.US)
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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 19.0% and is now trading at $68.65.
View the best growth stocks for 2024 here
.

Imperial Oil Limited (NYSEAMERICAN:IMO) announced its 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 net margin of 10.05% and a trailing twelve-month return on equity of 22.73%.

Imperial Oil's top institutional shareholders 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%).

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.
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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).

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
9/20/2024
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
+44.6%
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
$9.83 per share
Book Value
$30.72 per share

Miscellaneous

Free Float
N/A
Market Cap
$36.37 billion
Optionable
Not Optionable
Beta
1.45
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Should I Buy Imperial Oil Stock? IMO Pros and Cons Explained

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.

Imperial Oil
Bull Case

green Wall Street bull icon

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.

Imperial Oil
Bear Case

red Wall Street bear icon

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.

This page (NYSEAMERICAN:IMO) was last updated on 9/20/2024 by MarketBeat.com Staff
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