Bullboard - Stock Discussion Forum 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... see more

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Imperial Oil Ltd > 2021 financial and operating results

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Post by Betteryear2 on Feb 01, 2022 8:16am

2021 financial and operating results

Fourth quarter net income of $813 million with cash flow from operating activities of $1,632 million and free cash flow¹ of $1,233 million
Highest annual Upstream production in over 30 years, underpinned by record annual Kearl production and continued strong production performance at Cold Lake
Continued fuel demand recovery with full-year Downstream refinery capacity utilization of 89 percent
Highest full-year Chemical earnings in over 30 years
Record shareholder returns of nearly $3 billion in 2021 through dividend payments and share repurchases under the company’s normal course issuer bid program
Quarterly dividend increased by 26 percent from 27 cents to 34 cents per share
Announced plans for 2030 oil sands greenhouse gas emission intensity reduction in support of its goal to achieve net zero emissions in its operated oil sands assets by 2050

Imperial Oil Limited (TSE: IMO, NYSE American: IMO):

https://www.businesswire.com/news/home/20220201005385/en/

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