TSX:HSE.PR.B - Post by User
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Olympicon Feb 02, 2018 3:00pm
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Post# 27492376
What does IMO's Q4 tell us?
What does IMO's Q4 tell us?Not that it is a complete picture or fully transferrable to HSE, however IMO released Q4 results today that may provide some helpful guidelines for other intergateds.
- Q4 WTI average = $55.32
- Q4 WCS average = $43.15
- Bituman average = $42.92 (+8.26 y/y)
- Syn Crude average = $74.12 (+9.27 y/y)
IMO obviously had its production concerns and other writedowns leading to a loss in Q4. It did, however, maintain its dividend payment and a very healthy share buyback ($250 million in Q4).