Post by
not4anymore on Oct 17, 2012 3:21pm
from XOM news release re CLT
ExxonMobil’s Canadian affiliate, Imperial Oil Limited, is not a party to the transaction, but may elect to participate at a later date through its existing agreement with ExxonMobil Canada that provides for up to equal participation in new Canadian upstream opportunities. Imperial Oil Limited has advised that it is currently evaluating this opportunity.
Comment by
micromega on Oct 17, 2012 5:19pm
There is a recent article about Imperial along with all the Canadian major producers in SeekingAlpha as below....however the author prefers COS more than IMO primarily due to its high dividend yieldhttps://seekingalpha.com/article/890351-trying-to-find-the-lightest-valuations-of-the-heavy-oil-patch-part-2?source=yahoo COS gives the highest dividend yield among all the majors above.