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Imperial Oil Ltd T.IMO

Alternate Symbol(s):  IMO

Energy Oil & Gas Integrated
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

Imperial Oil Ltd
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(1998)
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Post by Betteryear2on Apr 26, 2024 8:53am
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Post# 36008930

Imperial first quarter 2024 financial and operating results

Imperial first quarter 2024 financial and operating results
  • Quarterly net income of $1,195 million
  • Cash flows from operating activities of $1,076 million and cash flows from operating activities excluding working capital1 of $1,521 million
  • Upstream production of 421,000 gross oil-equivalent barrels per day
  • Highest ever first quarter production at Kearl of 277,000 total gross oil-equivalent barrels per day (196,000 barrels Imperial's share)
  • Further progressed Cold Lake Grand Rapids, consistent with plan to ramp up production in coming weeks
  • Strong Downstream operating performance with refinery capacity utilization of 94 percent and highest ever first quarter throughput at Nanticoke
  • Esso brand achieved No.1 retail market share in Canada in 20232
  • Initial regulatory applications filed for Pathways Alliance carbon capture and storage project
  • Declared quarterly dividend of 60 cents per share

CALGARY, Alberta--()--Imperial (TSE: IMO) (NYSE American: IMO):



Imperial announces first quarter 2024 financial and operating results | Business Wire


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