Imperial Oil Ltd.

Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Ltd., will host a 2024 Third Quarter Earnings Call on Friday, November 1, following the company's third quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Corson will offer brief remarks prior to taking questions from [...]

Imperial : Second quarter Six months millions of Canadian dollars, unless noted 2024 2023 ? 2024 2023 ? Net income 1,133 675 +458 2,328 1,923 +405 Net income per common share, assuming dilution 2.11 1.15 +0.96 4.34 3.29 +1.05 Capital and exploration expenditures 462 493 958 922 +36 Imperial reported estimated net income in the second quarter of $1,133 million, compared to net income of $1,195 million in the first quarter [...]

Imperial Oil Ltd. today declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on October 1, 2024, to shareholders of record at the close of business on September 4, 2024. This third quarter 2024 dividend compares with the second quarter 2024 dividend of 60 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a [...]

Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Ltd., will host a 2024 Second Quarter Earnings Call on Friday, August 2, following the company's second quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Corson will offer brief remarks prior to taking questions from [...]

Imperial Oil Ltd. announced today that it has received final acceptance from the Toronto Stock Exchange for a normal course issuer bid to repurchase up to five percent of its 535,836,803 outstanding common shares as of June 15, 2024, or a maximum of 26,791,840 shares during the next 12 months. This maximum will be reduced by the number of shares purchased from ExxonMobil, Imperial's majority shareholder, as described [...]

Imperial CEO Brad Corson, presented to the federal Standing Committee on Environment and Sustainable Development on June 6 to share how the company is working to supply Canada's energy needs reliably, safely and securely, while providing benefits to the economy and taking action to reduce emissions. Opening statement Good afternoon, Mr. Chair, and members of the committee. In this meeting today, and every day that [...]

Imperial today announced its Grand Rapids oil sands project has started production at Cold Lake, marking the first commercial deployment of the recovery technology that uses less steam to lower emissions intensity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240522998144/en/ The project, located at Imperial's Cold Lake operating site, is expected to reduce [...]

Imperial Oil Ltd. announced at its annual meeting of shareholders held on April 30, 2024, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 14, 2024 were elected as directors. A total of 488,715,570 shares were represented in person or by proxy. The shares represented at the meeting that were voted to elect the individual directors are set out [...]

Imperial announced today the appointment of Cheryl Gomez-Smith as Senior Vice President, Upstream, effective May 1, 2024. Ms. Gomez-Smith, currently Director of Safety and Risk, ExxonMobil Global Operations and Sustainability, succeeds Simon Younger, who has been appointed Lead Country Manager and General Manager Australia Conventional, ExxonMobil Upstream. This press release features multimedia. View the full release [...]

Imperial Oil Ltd. today declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on July 1, 2024, to shareholders of record at the close of business on June 3, 2024. This second quarter 2024 dividend compares with the first quarter 2024 dividend of 60 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading [...]