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Imperial Oil Ltd T.IMO

Alternate Symbol(s):  IMO

Imperial Oil Limited is a Canada-based integrated oil company. The Company is engaged in all phases of the petroleum industry in Canada, including the exploration for, and production and sale of, crude oil and natural gas. It is also a producer of crude oil, a petroleum refiner and a marketer of petroleum products. It is also a producer of petrochemicals. The Company’s operations are conducted in three main segments: Upstream, Downstream and Chemical. The Company’s operations include Cold Lake, Kearl, Nanticoke, Sarnia and Strathcona refinery. The Company’s products and services include Asphalt, Chemical products, Esso and Mobil stations, Esso Commercial Cardlocks, Lubricants, Marine, Safety Data Sheets and Wholesale fuels. The Sarnia operation is an integrated fuel, chemical manufacturing and petroleum research facility in Canada. The refinery can process about 120,000 barrels of crude oil daily. This crude oil is processed into a range of products for heat and transportation.


TSX:IMO - Post by User

Comment by lifeisgood1010on Oct 31, 2023 12:03pm
107 Views
Post# 35709345

RE:RE:Risk free investment

RE:RE:Risk free investmentForgot to mention, the only risk is that if you buy today below the minimum price and submit at the minimum you could still end up with some IMO share if there are more than the 1.5b$
tendered at the minimum price

So the question is are today's buyers, like me be comfortable owing a portion of what
they are buying at today's price.

If you think that oil price will hold these price or go higher,then the probability are in your favor
but if you think energy price will drop substantially, then you should not be a buyer at today's price.

Hope this help

Sorry for the spelling mistake, i am french speaking from Quebec


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