Imperial Oil (NYSEAMERICAN:IMO - Get Free Report) TSE: IMO is anticipated to release its earnings data before the market opens on Friday, January 31st. Analysts expect Imperial Oil to post earnings of $1.36 per share and revenue of $11.18 billion for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
Imperial Oil Price Performance
Imperial Oil stock traded down $4.41 during trading hours on Friday, hitting $67.04. 782,845 shares of the stock were exchanged, compared to its average volume of 572,162. Imperial Oil has a 12 month low of $55.82 and a 12 month high of $80.17. The company has a current ratio of 1.44, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $34.13 billion, a price-to-earnings ratio of 10.03 and a beta of 1.45.
Imperial Oil Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Tuesday, December 3rd were paid a $0.4304 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.57%. Imperial Oil's dividend payout ratio (DPR) is presently 25.34%.
Analysts Set New Price Targets
IMO has been the subject of several research reports. JPMorgan Chase & Co. cut Imperial Oil from a "neutral" rating to an "underweight" rating in a research note on Thursday, December 19th. Wolfe Research cut Imperial Oil from an "outperform" rating to a "peer perform" rating in a report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $109.00.
Get Our Latest Analysis on Imperial Oil
About Imperial Oil
(
Get Free Report)
Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.
Featured Stories
Before you consider Imperial Oil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Imperial Oil wasn't on the list.
While Imperial Oil currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
