Imperial Oil Ltd T.IMO

Alternate Symbol(s): IMO

Energy Oil & Gas Integrated

Imperial Oil Limited is an integrated oil company. It 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. In Canada, it is a producer of crude oil, a petroleum refiner, a marketer of petroleum products, and a producer of petrochemicals. Its segments include Upstream operations, which include the exploration for, and production of, crude oil, natural gas, synthetic crude oil and bitumen; Downstream operations, which consist of the transportation and refining of crude oil, blending of refined products and the distribution and marketing of those products; and Chemical operations, which consist of the manufacturing and marketing of various petrochemicals. Its operations include Cold Lake, Kearl, Nanticoke, Sarnia and Strathcona refinery. Its products and services include Asphalt, Chemical products, Esso and Mobil stations, Esso Commercial Cardlocks, Lubricants, Safety Data Sheets and others.

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Imperial Oil Ltd > Risk free investment

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Comment by lifeisgood1010on Oct 31, 2023 12:03pm

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Post# 35709345

RE:RE:Risk free investment

Forgot 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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