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TSE:IMO

Imperial Oil (IMO) Stock Price, News & Analysis

C$94.96
-1.60 (-1.66%)
(As of 05/29/2024 ET)
Today's Range
C$94.08
C$97.00
50-Day Range
C$90.76
C$100.99
52-Week Range
C$61.04
C$101.63
Volume
920,037 shs
Average Volume
847,009 shs
Market Capitalization
C$50.88 billion
P/E Ratio
10.80
Dividend Yield
2.53%
Price Target
C$96.31

Imperial Oil MarketRank™ Stock Analysis

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
1.2% Upside
C$96.07 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.20mentions of Imperial Oil in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.65 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) Lifted to Hold at Raymond James
Best Oil Stocks of May 2024
Imperial Oil (IMO) Gets a Hold from RBC Capital
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)
See More Headlines
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Company Calendar

Ex-Dividend for 4/1 Dividend
3/01/2024
Dividend Payable
4/01/2024
Last Earnings
4/26/2024
Today
5/29/2024
Ex-Dividend for 7/1 Dividend
5/31/2024
Dividend Payable
7/01/2024
Next Earnings (Estimated)
7/26/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Integrated
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
5,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$96.31
High Stock Price Target
C$120.00
Low Stock Price Target
C$80.00
Potential Upside/Downside
+1.2%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
C$4.84 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$50.89 billion
Cash Flow
C$7.79 per share
Book Value
C$43.13 per share

Miscellaneous

Free Float
N/A
Market Cap
C$50.97 billion
Optionable
Not Optionable
Beta
1.83
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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)
    Treasurer
    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

IMO Stock Analysis - Frequently Asked Questions

Should I buy or sell Imperial Oil stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Imperial Oil in the last year. There are currently 10 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?

11 Wall Street analysts have issued 12 month target prices for Imperial Oil's shares. Their IMO share price targets range from C$80.00 to C$120.00. On average, they predict the company's stock price to reach C$96.07 in the next twelve months. This suggests a possible upside of 1.2% 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 C$75.48 on January 1st, 2024. Since then, IMO shares have increased by 25.8% and is now trading at C$94.96.
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, July 26th 2024.
View our IMO earnings forecast
.

How were Imperial Oil's earnings last quarter?

Imperial Oil Limited (TSE:IMO) released its earnings results on Friday, April, 26th. The company reported $2.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.00 by $0.23. The company earned $12.28 billion during the quarter, compared to analyst estimates of $15.74 billion. Imperial Oil had a trailing twelve-month return on equity of 20.78% and a net margin of 9.50%.

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

Imperial Oil announced a quarterly dividend on Friday, April 26th. Investors of record on Monday, June 3rd will be paid a dividend of 0.60 per share on Monday, July 1st. This represents a $2.40 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend is Friday, May 31st.
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 2.54%. The dividend payout ratio is 27.30%. 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 5/29/2024 by MarketBeat.com Staff

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