TSX:IMO - Post Discussion
Post by
Betteryear2 on Apr 26, 2024 8:53am
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
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