Imperial Oil (TSE:IMO) Issues Quarterly Earnings Results

Imperial Oil (TSE:IMO) (NYSEMKT:IMO) posted its earnings results on Friday. The company reported C$5.11 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$16.20 billion for the quarter. Imperial Oil had a net margin of 10.85% and a return on equity of 26.06%.

Imperial Oil Stock Performance

IMO stock opened at C$193.48 on Friday. The stock has a 50-day moving average price of C$181.71 and a 200-day moving average price of C$171.74. Imperial Oil has a 1-year low of C$114.75 and a 1-year high of C$194.17. The company has a current ratio of 1.38, a quick ratio of 0.98 and a debt-to-equity ratio of 17.11. The firm has a market cap of C$93.57 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62.

Imperial Oil Announces Dividend

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

Imperial Oil News Roundup

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

A number of research firms recently weighed in on IMO. National Bank Financial increased their price objective on Imperial Oil from C$207.00 to C$213.00 and gave the company a “sector perform” rating in a report on Tuesday, October 20th. Scotia reduced their price target on Imperial Oil from C$159.00 to C$156.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 5th. ATB Cormark Capital Markets upped their price target on Imperial Oil from C$140.00 to C$175.00 and gave the company a “sector perform” rating in a research report on Thursday, October 22nd. JPMorgan Chase & Co. increased their price target on Imperial Oil from C$149.00 to C$158.00 in a research note on Tuesday, July 14th. Finally, Raymond James Financial raised their price objective on Imperial Oil from C$130.00 to C$140.00 and gave the stock an “underperform” rating in a research report on Wednesday, September 16th. Six research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Imperial Oil presently has an average rating of “Reduce” and an average target price of C$152.83.

About Imperial Oil

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.