For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Imperial Oil (IMO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Imperial Oil is a member of our Oils-Energy group, which includes 248 differe ...

For the quarter ended December 2024, Imperial Oil (IMO) reported revenue of $9.01 billion, down 6.4% over the same period last year. EPS came in at $1.69, compared to $1.81 in the year-ago quarter.The reported revenue represents a surprise of -19.54% over the Zacks Consensus Estimate of $11.2 billion. With the consensus EPS estimate being $1.42, the EPS surprise was +19.01%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Imperial Oil Limited (IMO) reported fourth-quarter 2024 adjusted earnings per share of $1.69, which beat the Zacks Consensus Estimate of $1.42. This increase was driven by higher production levels, improved bitumen realizations and a year-over-year decrease in total expenses. However, the bottom line declined from the year-ago quarter’s $1.81 due to declining downstream margins and lower realized synthetic crude prices.Revenues of $9 billion missed the Zacks Consensus Estimate of $11.2 billion. The top line ...

Imperial Oil (IMO) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.01%. A quarter ago, it was expected that this oil and gas and petroleum products company would post earnings of $1.48 per share when it actually produced earnings of $1.71, delivering a surprise of 15.54%.Over the l ...

Calgary, January 31, 2025 Exhibit 99.1 Q4 News Release Imperial announces fourth quarter 2024 financial and operating results | | | Fourth quarter | | | Twelve months | | | --- | --- | --- | --- | --- | --- | --- | | millions of Canadian dollars, unless noted | 2024 | 2023 | ∆I | 2024 | 2023 | ∆I | | Net income (loss) (U.S. GAAP) | 1,225 | 1,365 | (140) | 4,790 | 4,889 | (99) | | Net income (loss) per common share, assuming dilution (dollars) | 2.37 | 2.47 | (0.10) | 9.03 | 8.49 | +0.54 | | Capital and expl ...

Industry Overview - Energy is one of the most volatile sectors, driven by geopolitical tensions, disrupted supply chains, fluctuating demands, and natural disasters [1] Company Performance - Imperial Oil Limited has consistently delivered consistent results despite the uncertainty in the energy sector [1] Author Background - Rick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options [2] - His work is covered by authoritative publications including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News [2] - In 2018, Rick wrote "The Financially Independent Millennial" to inspire readers with his story of becoming financially independent at age 35 [2]

The market expects Imperial Oil (IMO) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 31, 2025, might help the stock move higher if these key numbers a ...

Imperial Oil Limited (IMO) , a key player in Canada's energy sector, has long been a cornerstone in the exploration, production and sale of crude oil and natural gas. With a diverse portfolio that spans upstream exploration, downstream refining and a growing chemical segment, Imperial Oil stands out not only for its integral role in the energy landscape of Canada but also for its position within the global energy market as a subsidiary of Exxon Mobil Corporation (XOM) .The company’s expansive operations, fr ...

Calgary, Alberta, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The Alberta Energy Regulator (AER) has laid nine charges in relation to an industrial wastewater release at Imperial Oil Resources Limited’s Kearl Oil Sands Processing Plant.   The charges are related to a berm overflow of industrial wastewater that occurred at the Kearl plant that was reported to the AER on February 4, 2023.     Six charges, laid under the Environmental Protection and Enhancement Act, are as follows:  One count for a releasing a substanc ...

Imperial Oil Limited (IMO) released its corporate guidance outlook on Dec. 12 with a prime focus on profitable volume growth and increased cash flow. The Canadian integrated energy company forecasted its capital and exploration expenditures of C$1.9 to C$2.1 billion, with a balanced investment toward its upstream and downstream operations.IMO’s Upstream ProjectionsA significant portion of the capital investment is planned to be directed toward upstream operations to enhance production volumes. The investmen ...