Imperial Oil (TSE:IMO) Posts Earnings Results

Imperial Oil (TSE:IMO) (NYSEMKT:IMO) released its quarterly earnings results on Friday. The company reported C$5.11 EPS for the quarter, FiscalAI reports. The company had revenue of C$16.20 billion for the quarter. Imperial Oil had a net margin of 7.81% and a return on equity of 18.76%.

Imperial Oil Trading Up 5.4%

Shares of TSE:IMO opened at C$193.48 on Friday. The firm has a fifty day moving average of C$181.71 and a two-hundred day moving average of C$171.74. The firm has a market capitalization of C$93.57 billion, a P/E ratio of 22.60, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. Imperial Oil has a 12-month low of C$114.75 and a 12-month high of C$194.17. The company has a quick ratio of 0.98, a current ratio of 1.38 and a debt-to-equity ratio of 17.11.

Imperial Oil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, October 1st were given a $0.87 dividend. The ex-dividend date was Friday, September 4th. This represents a $3.48 dividend on an annualized basis and a yield of 1.8%. Imperial Oil’s dividend payout ratio is presently 37.15%.

Key Headlines Impacting Imperial Oil

Here are the key news stories impacting Imperial Oil this week:

• Positive Sentiment: Q3 earnings beat estimates: Imperial Oil reported quarterly EPS of C$5.11 and revenue of approximately C$16.20 billion. The profit result exceeded market expectations and helped support the stock’s advance. Imperial Oil beats profit estimates on stronger refining margins
• Positive Sentiment: Refining margins drove results: Stronger refining margins produced record downstream earnings, offsetting potential pressure from other parts of the business and demonstrating the profitability of Imperial Oil’s refining operations. Imperial Oil Q3 2026: Record Downstream Earnings Drive an EPS Beat
• Positive Sentiment: Net profit surged and a dividend was declared: The earnings release highlighted a substantial increase in quarterly net profit and included a dividend declaration, reinforcing the company’s shareholder-return profile. Imperial Oil Q3 Net Profit Soars; Declares Dividend
• Neutral Sentiment: Results were closely watched: Pre-release coverage focused on analyst estimates and the importance of refining performance, but those concerns were largely resolved by the reported earnings beat. Imperial Oil stock enters Q3 release with estimates under scrutiny

Wall Street Analysts Forecast Growth

IMO has been the topic of a number of research analyst reports. UBS Group lifted their target price on Imperial Oil from C$195.00 to C$205.00 in a report on Monday, September 14th. Desjardins raised their price objective on shares of Imperial Oil from C$165.00 to C$172.00 and gave the company a “hold” rating in a research report on Tuesday, October 20th. National Bank Financial lifted their price objective on shares of Imperial Oil from C$207.00 to C$213.00 and gave the stock a “sector perform” rating in a research note on Tuesday, October 20th. Raymond James Financial boosted their target price on shares of Imperial Oil from C$130.00 to C$140.00 and gave the stock an “underperform” rating in a report on Wednesday, September 16th. Finally, JPMorgan Chase & Co. increased their target price on shares of Imperial Oil from C$149.00 to C$158.00 in a research note on Tuesday, July 14th. Six investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of C$152.83.

Imperial Oil Company Profile

Imperial Oil is one of Canada’s largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d.