Imperial Oil (IMO) Stock Price, News & Analysis

+0.02 (+0.02%)
(As of 04/23/2024 ET)
Today's Range
50-Day Range
52-Week Range
741,233 shs
Average Volume
887,441 shs
Market Capitalization
C$51.71 billion
P/E Ratio
Dividend Yield
Price Target

Imperial Oil MarketRank™ Stock Analysis

Analyst Rating
2.18 Rating Score
0.8% Downside
C$95.69 Price Target
Short Interest
Dividend Strength
Based on Four Factors
News Sentiment
0.32mentions of Imperial Oil in the last 14 days
Based on 10 Articles This Week
Insider Trading
Proj. Earnings Growth

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.

2.58 out of 5 stars

IMO stock logo

About Imperial Oil Stock (TSE: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) Given New C$105.00 Price Target at CIBC
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This is the ONLY defense company you should be watching right now.
Imperial Oil (IMO) to Release Quarterly Earnings on Friday
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This is the ONLY defense company you should be watching right now.
Imperial Oil Q4 Profit Declines, But Tops Estimates; Declares Dividend
Here's Why You Should Hold on to Enbridge (ENB) Stock Now
Scotiabank Keeps Their Buy Rating on Imperial Oil (IMO)
National Bank Remains a Hold on Imperial Oil (IMO)
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 4/1 Dividend
Dividend Payable
Next Earnings (Confirmed)

Industry, Sector and Symbol

Oil & Gas Integrated
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
11 Analysts


Net Income
C$4.89 billion
Pretax Margin


Sales & Book Value

Annual Sales
C$50.70 billion
Cash Flow
C$7.89 per share
Book Value
C$41.47 per share


Free Float
Market Cap
C$51.62 billion
Not Optionable
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Key Executives

  • Mr. Bradley William Corson BS (Age 62)
    Chairman, President & CEO
    Comp: $5.68M
  • Mr. Daniel E. Lyons (Age 61)
    Senior VP of Finance & Administration and Controller
    Comp: $2.59M
  • Mr. Simon P. Younger (Age 48)
    Senior Vice President of Upstream
    Comp: $1.65M
  • Ms. Sherri L. Evers (Age 47)
    Senior Vice President of Sustainability, Commercial Development & Product Solutions
    Comp: $791.24k
  • Mr. Bruce A. Jolly (Age 56)
    Comp: $1.04M
  • 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 a strong EPS of C$2.47 for the last quarter, surpassing the consensus estimate, indicating solid financial performance.
  • The company has a healthy net margin of 9.64%, showcasing efficient cost management and profitability.
  • Imperial Oil increased its dividend to $0.60 per share, reflecting confidence in its financial stability and commitment to rewarding shareholders.
  • The company operates in the Oil & Gas Integrated industry, providing diversification and exposure to different segments within the energy sector.
  • With a return on equity of 21.91%, Imperial Oil demonstrates strong profitability and effective utilization of shareholder funds.


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

  • Imperial Oil's revenue for the last quarter was below analysts' expectations, potentially indicating challenges in revenue generation or market conditions.
  • The company's payout ratio is relatively high at 28.27%, which may limit future growth opportunities or reinvestment in the business.
  • Analysts forecast lower EPS of 8.3296888 for the current year, suggesting potential challenges or uncertainties in the company's performance.
  • Market conditions in the oil and gas industry can be volatile, impacting Imperial Oil's financial results and stock price.
  • Investing in the energy sector carries inherent risks related to commodity price fluctuations, regulatory changes, and environmental concerns.
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 Wednesday, April 10, 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?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Imperial Oil in the last year. There are currently 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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?

11 equities research analysts have issued 1 year price targets for Imperial Oil's stock. Their IMO share price targets range from C$80.00 to C$120.00. On average, they predict the company's share price to reach C$95.69 in the next twelve months. This suggests that the stock has a possible downside of 0.8%.
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 C$75.48 at the start of the year. Since then, IMO shares have increased by 27.9% and is now trading at C$96.51.
View the best growth stocks for 2024 here

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 (TSE:IMO) issued its earnings results on Friday, February, 2nd. The company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.39. The firm earned $13.11 billion during the quarter, compared to analysts' expectations of $16.57 billion. Imperial Oil had a trailing twelve-month return on equity of 21.91% and a net margin of 9.64%.

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

Imperial Oil declared a quarterly dividend on Friday, March 1st. Stockholders of record on Monday, April 1st will be paid a dividend of 0.60 per share on Monday, April 1st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Friday, March 1st. This is an increase from the stock's previous quarterly dividend of C$0.50.
Read our dividend analysis for IMO

Is Imperial Oil a good dividend stock?

Imperial Oil (TSE:IMO) pays an annual dividend of C$2.40 per share and currently has a dividend yield of 2.49%. The dividend payout ratio is 28.27%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMO.

What other stocks do shareholders of Imperial Oil own?
How do I buy shares of Imperial Oil?

Shares of IMO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:IMO) was last updated on 4/23/2024 by MarketBeat.com Staff

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