Imperial Oil (NYSEAMERICAN:IMO - Get Free Report) TSE: IMO is expected to be announcing its Q1 2025 earnings results before the market opens on Friday, May 2nd. Analysts expect Imperial Oil to post earnings of $1.41 per share and revenue of $17.50 billion for the quarter.
Imperial Oil Stock Up 3.8 %
Shares of IMO traded up $2.45 during midday trading on Tuesday, hitting $67.30. 256,562 shares of the company's stock traded hands, compared to its average volume of 445,089. Imperial Oil has a 1 year low of $58.76 and a 1 year high of $80.17. The firm's fifty day moving average is $67.80 and its 200-day moving average is $69.79. The company has a current ratio of 1.34, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $34.26 billion, a price-to-earnings ratio of 10.21 and a beta of 1.44.
Imperial Oil Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 5th were issued a $0.4972 dividend. This represents a $1.99 annualized dividend and a yield of 2.95%. The ex-dividend date was Wednesday, March 5th. This is an increase from Imperial Oil's previous quarterly dividend of $0.43. Imperial Oil's dividend payout ratio (DPR) is currently 25.80%.
Analyst Upgrades and Downgrades
IMO has been the subject of a number of recent analyst reports. The Goldman Sachs Group cut shares of Imperial Oil from a "neutral" rating to a "sell" rating in a research note on Thursday, March 27th. Scotiabank raised shares of Imperial Oil to a "hold" rating in a report on Wednesday, March 19th. Raymond James upgraded Imperial Oil from a "market perform" rating to an "outperform" rating in a research note on Wednesday, April 9th. Royal Bank of Canada reissued a "sector perform" rating and issued a $101.00 price objective on shares of Imperial Oil in a report on Thursday, April 3rd. Finally, Wolfe Research upgraded Imperial Oil from a "peer perform" rating to an "outperform" rating in a research report on Monday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $106.33.
Check Out Our Latest Analysis on Imperial Oil
Imperial Oil Company Profile
(
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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.
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