Imperial Oil Limited

IMO

$131.94

-1.12%

2026-09-03 16:00:00 EDT-$1.50

Energy

Oil & Gas Integrated

AMEX

Active Trading

Imperial Oil Limited (IMO) is a Canadian energy company primarily engaged in the discovery, extraction, and commercialization of crude oil and natural ...

Price Action of IMO

$131.94

-1.12%-$1.50

High—

Low—

52W High-4.9%

Rel. vol—

Interval

Range6.5h

Volume—SMA5SMA10

—

Imperial Oil Limited (IMO) is one of Canada’s largest integrated petroleum and natural gas companies, headquartered in Calgary, Alberta. The business combines large-scale exploration and production activities (Upstream) with refining, transportation, and marketing operations (Downstream), and with petrochemical manufacturing and commercialization (Chemical). This integrated model helps connect supply of crude ...Imperial Oil Limited (IMO) is one of Canada’s largest integrated petroleum and natural gas companies, headquartered in Calgary, Alberta. The business combines large-scale exploration and production activities (Upstream) with refining, transportation, and marketing operations (Downstream), and with petrochemical manufacturing and commercialization (Chemical). This integrated model helps connect supply of crude oil and other hydrocarbons to refining capacity and downstream product distribution. In Upstream, Imperial Oil focuses on discovering, extracting, and developing hydrocarbon resources, including crude oil, natural gas, and related products. Operations also include work in developing resource volumes such as proven undeveloped reserves, reflecting a long-term approach to production planning. In Downstream, Imperial Oil transports and refines crude oil and then blends, distributes, and markets refined petroleum products. The company operates a network that includes pipelines (contracted and common carrier), rail, and other logistics, and it also supports distribution through fuel terminals and related assets. Its branded retail presence includes approximately 2,400 retail locations using Esso and Mobil brands, while its wholesale and commercial channels sell fuels and other petroleum products to industrial, transportation, agriculture, residential heating, and other customers through dealers, resellers, and distributors. The Chemical segment manufactures and markets a range of petrochemicals and chemical intermediates, such as solvents and plasticizer-related products, as well as polyethylene resin. This adds diversification beyond fuels by serving industrial and consumer-adjacent chemical markets. Imperial Oil is publicly traded in Canada and is a subsidiary of Exxon Mobil Corporation, which provides access to global scale, technical capability, and industry partnerships. The company continues to pursue strategic initiatives, such as collaboration related to lithium extraction in Alberta through an alliance with E3 Metals Corp. From a cost and business-model perspective, integrated operations typically emphasize sustaining and optimizing supply chain efficiency across the value chain—upstream production, transportation/logistics, refining utilization, and downstream distribution—while managing commodity-price exposure and maintaining capital discipline for maintenance and growth projects. Financially, the provided company metrics indicate meaningful enterprise value, operating profitability measures consistent with a mature integrated energy operator, and a dividend program (dividend yield and payout ratio figures are provided), reflecting an emphasis on cash generation and shareholder returns. Key leadership includes CEO John R. Whelan, who serves as Chairman, President, and CEO. Overall, Imperial Oil’s strategy centers on responsible development of Canada’s energy resources, reliability of refining and distribution, and selective growth and diversification through chemicals and emerging energy-adjacent opportunities.ExpandCollapse

Founded

1880

Employees

5000

CEO

John R. Whelan

Full Name

Imperial Oil Limited

Sector

Energy

Industry

Oil & Gas Integrated

ROE

18.76%

Market Cap

$64.64B

Current Ratio

1.38

WACC

8.15%

ROIC

110.19%

Contact Information

https://www.imperialoil.ca

15874763740

505 Quarry Park Boulevard S.E., Calgary, AB T2C 5N1

Key Metrics of IMO

Snapshot

Latest / TTM · 6 periods

Market Cap

$64.64B

ROCE

14.9%

EV / EBITDA

10.30x

+3.0% YoY

FCF Yield

6.3%

-1.6% YoY

Cash Conversion Cycle

4.0d

Current Ratio

1.38

Quick take

TTM —

Positive CCC

Financial Highlights of IMO

Profitability trend

Latest / TTM · 6 periods

Gross Margin

17.6%

Net Margin

7.8%

P/E Ratio

20.31x

n/a

Debt / Equity

0.17

n/a

Current Ratio

1.38

Dividend Yield

1.8%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of IMO

Upcoming

Sep 4, 2026Today
Ex-dividend date
$3.18 per share
Oct 1, 2026In 27 days
Dividend payment
$3.18 per share
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $14.38 · Revenue $60.30B · 5 analysts
Dec 31, 2027
FY2027 · Estimated annual results
Est. EPS $12.16 · Revenue $59.60B · 7 analysts

Recent history

Aug 3, 2026
Q2 FY2026 · Results reported
EPS CAD 4.52 · Revenue CAD 16.07B
View filing
May 4, 2026
Q1 FY2026 · Results reported
EPS CAD 1.94 · Revenue CAD 12.45B
View filing
Feb 18, 2026
FY2025 · Annual results
EPS CAD 6.48 · Revenue CAD 47.08B
View filing
Nov 3, 2025
Q3 FY2025 · Results reported
EPS CAD 1.49 · Revenue CAD 16.20B
View filing
Aug 4, 2025
Q2 FY2025 · Results reported
EPS CAD 1.86 · Revenue CAD 11.21B
View filing
Mar 31, 2025
Q1 FY2025 · Results reported
EPS CAD 2.52 · Revenue CAD 12.47B

Financial Statements of IMO

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$47.1B	-8.6%	+29.1%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$3.3B	-31.8%	+133.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+21.2%	+18.9%	+11.1%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+9.0%	-42.7%	+79.9%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+6.9%	-25.3%	+80.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$4.7B	+14.3%	+673.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+10.0%	+25.1%	+499.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	19.7%	+8.6%	-7.4%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	1.27x	-4.7%	+11.7%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$42.3B	-1.5%	+5.3%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	6.48 vs 7.89	-17.8%	4.52 vs 2.84	+58.9%
Revenue Surprise	$47.1B vs $48.9B	-3.8%	$16.1B vs $9.1B	+77.2%

Earnings Call Transcript of IMO

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Good day, and welcome to the Imperial Oil Second Quarter 2026 Earnings Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Peter Shaw, Vice President of Investor Relations. Please go ahead, sir. Peter Shaw: Good morning, everyone. Welcome to our second quarter earnings conference call. I am joined this morning by Imperial's senior management team, including John Whelan, Chairman, President and CEO; Dan Lyons, Senior Vice President, Finance and Administration; Cheryl Gomez-Smith, Senior Vice President of the Upstream; and Scott Maloney, Vice President of the Downstream. Today's comments include reference to non-GAAP financial measures. The definitions and reconciliations of these measures can be found in Attachment 6 of our most recent press release and are available on our website with a link to this conference call. Today's comments may contain forward-looking information. Any forward-looking information is not a guarantee of future performance, and actual future performance and operating results can vary materially depending on a number of factors and assumptions. Forward-looking information and the risk factors and assumptions are described in further detail on our second quarter earnings release that we issued this morning as well as our most recent Form 10-K. All of these documents are available on SEDAR+, EDGAR and our website, so I would ask you to reference those. John is going to start with some opening remarks and then hand it over to Dan, who is going to provide a financial update, and then John will provide an operations update. Once that is done, we will follow with a Q&A session. So with that, I will turn it over to John for his opening remarks. John Whelan: Thank you, Peter. Good morning, everybody, and welcome to our second quarter earnings call. I hope everybody is doing well. And as always, we appreciate you taking the time to join us this morning. Since our last earnings call, we've seen ongoing volatility in commodity markets, driven by geopolitical events, reinforcing the strategic importance of commodity and product supply from Canada to the rest of the world. For Imperial, our advantaged long-standing business model uniquely provides significant leverage to upside conditions while also protecting against downside scenarios. This is a substantial long-term structural benefit that allows us to return additional surplus cash to shareholders at higher prices while adhering to our investment plans and strategic priorities over a range of price scenarios. As you will have seen with the recent trilateral MOU signing, governments and industry through the Oil Sands Alliance continue to collaborate on creating the conditions needed to support a more competitive, growing and lower emissions Canadian oil sands sector. The MOU is a positive step. And while there's definitely more work to do, I'm encouraged and optimistic about the potential for Canadians, for …

Leadership Team of IMO

7 executives

Name	Title	Compensation	Gender	Year Born	Status
Cheryl Gomez-Smith	Senior Vice President of Upstream	CAD 2,005,537	Female	1969	Active
Daniel E. Lyons	Senior Vice President of Finance & Administration and Controller	CAD 1,885,102	Male	1963	Active
John R. Whelan	Chairman, President & Chief Executive Officer	CAD 1,767,128	Male	1966	Active
Jim E. Burgess	Treasurer	CAD 696,076	Male	1975	Active
Ian R. Laing	Vice President, General Counsel & Corporate Secretary	CAD 656,485	Male	1974	Active
Rhonda G. Porter	Vice President of Human Resources	—	Female	1975	Active
Peter Shaw	Vice President of Investor Relations	—	—	—	Active

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Imperial Oil Q2 Earnings Beat Estimates, Revenues Rise YoY

IMO tops Q2 earnings estimates as higher price realizations lift profit; revenues grow year over year despite missing estimates and a lower refinery outlook.

MarketBeat8/1/2026Neutral

Imperial Oil Q2 Earnings Call Highlights

Imperial Oil NYSEAMERICAN: IMO reported second-quarter net income of CAD 2.19 billion, up CAD 1.24 billion from a year earlier and CAD 1.25 billion from the first quarter, as higher commodity prices lifted results across its upstream and downstream operations.

Historical Employee Count of IMO

Current

5,000

Change

-1.96%

Minimum

5,000

Maximum

5,400

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	5,000	10-K	Feb 18, 2026	View
Dec 31, 2024	5,100	10-K	Feb 19, 2025	View
Dec 31, 2023	5,300	10-K	Feb 28, 2024	View
Dec 31, 2022	5,300	10-K	Feb 22, 2023	View
Dec 31, 2021	5,400	10-K	Feb 23, 2022	View

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Imperial Oil Limited