quarterly report can be penalised - IMOImperial Oil (IMO) Q3 report has good financial performance but SP got "sacked" (-7.1%) today. BNN seemed to rationalise this due to IMO didn't provide a concrete share buyback and dividend increase plan to giveback the FCF to shareholders and when asked, IMO responded they are still studying it.... Ha ! If this is their true response, what a pathetic answer "they are still studying how to distribute the FCF" ... Do they have many months to figure this out and other Canadian energy cos have already figured out and announced their plan already !!!