TSE:IMO

Imperial Oil - IMO Stock Forecast, Price & News

C$60.09

+2.57 (+4.47%)

(As of 09/28/2022 12:00 AM ET)

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Today's Range: C$57.24
▼
C$60.23
50-Day Range: C$53.70
▼
C$67.68
52-Week Range: C$39.04
▼
C$72.96

Volume: 1.12 million shs
Average Volume: 1.49 million shs
Market Capitalization: C$38.26 billion

P/E Ratio: 7.70
Dividend Yield: 2.36%
Price Target: C$68.82

About Imperial Oil (TSE:IMO) Stock

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 oil, and bitumen. As of December 31, 2021, this segment had 386 million oil-equivalent barrels of proved undeveloped reserves. 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 to refineries by contracted pipelines, common carrier pipelines, and rail; maintains a distribution system to move petroleum products to market by pipeline, tanker, rail, and road transport; and owns and operates fuel terminals, natural gas liquids, and products pipelines in Alberta, Manitoba, and Ontario. In addition, this segment markets and supplies petroleum products to motoring public through approximately 2,400 Esso and Mobil-branded sites. Further, it 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 petrochemicals, benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin. Imperial Oil Limited has a strategic agreement with E3 Metals Corp. to advance a lithium-extraction pilot in Alberta. The company was incorporated in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.

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IMO Stock News Headlines

September 20, 2022 | finance.yahoo.com

Has Imperial Oil (IMO) Outpaced Other Oils-Energy Stocks This Year?

September 20, 2022 | finance.yahoo.com

Imperial Oil (IMO) Moves to Strong Buy: Rationale Behind the Upgrade

September 28, 2022 | Weiss Ratings (Ad)

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September 10, 2022 | theglobeandmail.com

Closing Bell: Imperial Oil up on Thursday (IMO)

August 27, 2022 | finance.yahoo.com

public companies who own 68% along with institutions invested in Imperial Oil Limited (TSE:IMO) saw increase in their holdings value last week

August 19, 2022 | finance.yahoo.com

Imperial Oil (IMO) Shares Dip 1% Since Q2 Earnings Beat

August 18, 2022 | theglobeandmail.com

Closing Bell: Imperial Oil down on Tuesday (IMO)

July 29, 2022 | seekingalpha.com

Imperial Oil Limited (IMO) CEO Brad Corson on Q2 2022 Results - Earnings Call Transcript

September 28, 2022 | Weiss Ratings (Ad)

126% Average Gains While Stocks Crash

July 29, 2022 | theglobeandmail.com

Imperial Oil second-quarter profit soars amid higher production and energy prices

July 29, 2022 | finance.yahoo.com

Imperial Oil (IMO) Q2 Earnings Top Estimates

July 26, 2022 | finance.yahoo.com

Is Imperial Oil (IMO) Stock Undervalued Right Now?

July 24, 2022 | finance.yahoo.com

Investing in Imperial Oil (TSE:IMO) a year ago would have delivered you a 68% gain

July 7, 2022 | marketwatch.com

Imperial Oil Ltd. stock rises Thursday, outperforms market

July 7, 2022 | finance.yahoo.com

Oil & Gas Stock Roundup: ExxonMobil Q2 Update & Earthstone's Buyout Hit Headlines

July 1, 2022 | finance.yahoo.com

Imperial (IMO) to Repurchase Up to 5% of Outstanding Shares

June 29, 2022 | theglobeandmail.com

Imperial Oil, ExxonMobil Canada sell Alberta energy assets for $1.7-billion

June 28, 2022 | seekingalpha.com

Exxon, Imperial Oil to sell Montney, Duvernay assets in C$1.9B deal

June 28, 2022 | finance.yahoo.com

Exxon, Imperial to sell Canada shale assets to Whitecap for $1.5 billion

June 28, 2022 | finance.yahoo.com

UPDATE 2-Exxon, Imperial to sell Canada shale assets to Whitecap for $1.5 billion

June 23, 2022 | ca.finance.yahoo.com

Imperial Oil signs deal with E3 Lithium to advance pilot project

June 21, 2022 | finance.yahoo.com

ConocoPhillips (COP) Joins Qatar's LNG Expansion Project

June 21, 2022 | finance.yahoo.com

Best Momentum Stocks to Buy for June 21st

June 15, 2022 | finance.yahoo.com

Williams (WMB) to Boost NC Supply Capacity via Transco Pipe

June 13, 2022 | finance.yahoo.com

Imperial announces preliminary results of its substantial issuer bid

June 1, 2022 | finance.yahoo.com

Best Growth Stocks to Buy for June 1st

May 19, 2022 | finance.yahoo.com

Zacks Investment Ideas feature highlights: Imperial Oil

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IMO Company Calendar

Ex-Dividend for 7/1 Dividend: 6/01/2022
Dividend Payable: 7/01/2022
Last Earnings: 7/29/2022
Ex-Dividend for 10/1 Dividend: 9/01/2022
Today: 9/28/2022
Dividend Payable: 10/01/2022
Next Earnings (Estimated): 11/04/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Major Integrated Oil & Gas
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:IMO
CUSIP: N/A
CIK: N/A
Web: www.imperialoil.ca
Phone: +1-587-4763950
Fax: N/A
Employees: 5,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$68.82
High Stock Price Forecast: C$86.00
Low Stock Price Forecast: C$45.00
Forecasted Upside/Downside: +14.5%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 7.70
Forward P/E Ratio: 5.40
P/E Growth: 0.26
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 24.45
Current Ratio: 1.18
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: C$52.45 billion
Price / Sales: 0.73
Cash Flow: C$4.44 per share
Price / Cash Flow: 13.54
Book Value: C$34.52 per share
Price / Book: 1.74

Miscellaneous

Outstanding Shares: 636,676,000
Free Float: N/A
Market Cap: C$38.26 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Bradley William Corson BS (Age 60)
Chairman, Pres & CEO
Comp: $4.1M

Mr. Daniel E. Lyons (Age 59)
Sr. VP of Fin. & Admin. and Controller
Comp: $1.87M

Mr. Simon P. Younger (Age 46)
Sr. VP of Upstream
Comp: $1.21M

Dave Hughes
Mang. of Investor Relations

Mr. Ian R. Laing (Age 48)
VP, Gen. Counsel & Corp. Sec.

Ms. Sherri L. Evers (Age 45)
VP of Commercial & Corp. Devel.

Ms. Kristi L. Desjardins (Age 48)
VP of HR

Ms. Kit Yee Lee (Age 45)
Treasurer

Kimberly J. Haas (Age 48)
VP of Chemicals & Sarnia Chemical Plant Mang.

Key Competitors

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IMO Stock - Frequently Asked Questions

Should I buy or sell Imperial Oil stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Imperial Oil in the last year. There are currently 10 hold ratings and 5 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 forecast for 2022?: 15 Wall Street analysts have issued twelve-month price targets for Imperial Oil's shares. Their IMO share price forecasts range from C$45.00 to C$86.00. On average, they anticipate the company's share price to reach C$68.82 in the next twelve months. This suggests a possible upside of 15.4% 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 2022?: Imperial Oil's stock was trading at C$45.62 at the start of the year. Since then, IMO shares have increased by 30.7% and is now trading at C$59.63.
View the best growth stocks for 2022 here.
When is Imperial Oil's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our IMO earnings forecast.
How were Imperial Oil's earnings last quarter?: Imperial Oil Limited (TSE:IMO) issued its quarterly earnings results on Friday, July, 29th. The company reported $3.63 earnings per share for the quarter, topping analysts' consensus estimates of $3.25 by $0.38. The company had revenue of $17.31 billion for the quarter, compared to analyst estimates of $22.09 billion.
How often does Imperial Oil pay dividends? What is the dividend yield for Imperial Oil?: Imperial Oil declared a quarterly dividend on Friday, July 29th. Investors of record on Friday, September 2nd will be given a dividend of 0.34 per share on Saturday, October 1st. This represents a $1.36 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Thursday, September 1st.
Read our dividend analysis for IMO.

Is Imperial Oil a good dividend stock?: Imperial Oil (TSE:IMO) pays an annual dividend of C$1.22 per share and currently has a dividend yield of 2.36%. The dividend payout ratio is 15.64%. 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?: Based on aggregate information from My MarketBeat watchlists, some companies that other Imperial Oil investors own include Bank of Nova Scotia (BNS), Enbridge (ENB), Suncor Energy (SU), Canadian Natural Resources (CNQ), Husky Energy Inc. (HSE.TO) (HSE), Toronto-Dominion Bank (TD), Air Canada (AC), Canadian Imperial Bank of Commerce (CM), Inter Pipeline (IPL) and Pembina Pipeline (PPL).
What is Imperial Oil's stock symbol?: Imperial Oil trades on the Toronto Stock Exchange (TSX) under the ticker symbol "IMO."
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.
What is Imperial Oil's stock price today?: One share of IMO stock can currently be purchased for approximately C$59.63.
How much money does Imperial Oil make?: Imperial Oil (TSE:IMO) has a market capitalization of C$37.96 billion and generates C$52.45 billion in revenue each year.
How many employees does Imperial Oil have?: The company employs 5,400 workers across the globe.
How can I contact Imperial Oil?: Imperial Oil's mailing address is 505 Quarry Park Blvd SE, CALGARY, AB T2C 5N1, Canada. The official website for the company is www.imperialoil.ca. The company can be reached via phone at +1-587-4763950.

This page (TSE:IMO) was last updated on 9/28/2022 by MarketBeat.com Staff

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