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NYSEAMERICAN:IMO

Imperial Oil (IMO) Stock Price, News & Analysis

$68.00
-1.80 (-2.58%)
(As of 09/6/2024 ET)
Today's Range
$67.79
$70.26
50-Day Range
N/A
52-Week Range
$52.97
$77.70
Volume
417,640 shs
Average Volume
383,733 shs
Market Capitalization
$36.27 billion
P/E Ratio
10.66
Dividend Yield
2.59%
Price Target
$99.50

Imperial Oil MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
46.3% Upside
$99.50 Price Target
Short Interest
Bearish
8.63% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.37
Upright™ Environmental Score
News Sentiment
1.09mentions of Imperial Oil in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.54%
From $6.29 to $6.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.24 out of 5 stars

IMO stock logo

About Imperial Oil Stock (NYSEAMERICAN:IMO)

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. It transports crude oil production and third-party crude oil to refineries by contracted pipelines, common carrier pipelines, and rail; owns and operates refineries; maintains a distribution system to move petroleum products to market by pipeline, tanker, rail, and road transport; owns and operates fuel terminals, natural gas liquids, and products pipelines in Alberta, Manitoba, and Ontario; markets petroleum products under the Esso and Mobil brand names; and sells petroleum products, including fuel, asphalt, and lubricants to industrial and transportation customers, independent marketers, resellers, and other refiners, as well as the agriculture, residential heating, and commercial markets through branded fuel and lubricant resellers. The Chemical segment manufactures and markets benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin; and markets refinery grade propylene. The company was incorporated in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.

IMO Stock Price History

IMO Stock News Headlines

Fmr CIA Advisor reveals PEACEMAKER superweapon
Kamala cannot get the “codes” to this superweapon. In Trump’s hands, it will restore America’s global dominance. It could also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.
IMO Sep 2024 60.000 call
IMO Sep 2024 90.000 call (IMO240920C00090000)
Imperial Oil (NYSEAMERICAN:IMO) Downgraded by StockNews.com
Fmr CIA Advisor reveals PEACEMAKER superweapon
Kamala cannot get the “codes” to this superweapon. In Trump’s hands, it will restore America’s global dominance. It could also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.
3 Cheap Stocks That Are Looking Extra Spicy
Imperial declares third quarter 2024 dividend
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
6/03/2024
Dividend Payable
7/01/2024
Last Earnings
8/02/2024
Ex-Dividend for 10/1 Dividend
9/04/2024
Today
9/07/2024
Dividend Payable
10/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NYSEAMERICAN:IMO
Previous Symbol
NYSEMKT:IMO
Employees
5,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$99.50
High Stock Price Target
$110.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+46.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$3.62 billion
Pretax Margin
13.11%

Debt

Sales & Book Value

Annual Sales
$37.75 billion
Cash Flow
$8.49 per share
Book Value
$32.79 per share

Miscellaneous

Free Float
N/A
Market Cap
$36.27 billion
Optionable
Not Optionable
Beta
1.47
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Key Executives

  • Mr. Bradley William Corson BS (Age 62)
    Chairman, President & CEO
    Comp: $4.15M
  • Mr. Daniel E. Lyons (Age 61)
    Senior VP of Finance & Administration and Controller
    Comp: $1.9M
  • Mr. Simon P. Younger (Age 48)
    Senior Vice President of Upstream
    Comp: $1.21M
  • Ms. Sherri L. Evers (Age 47)
    Senior Vice President of Sustainability, Commercial Development & Product Solutions
    Comp: $578.91k
  • Mr. Bruce A. Jolly (Age 56)
    Treasurer
    Comp: $759.42k
  • Peter Shaw
    Vice President of Investor Relations
  • Mr. Ian R. Laing (Age 50)
    VP, General Counsel & Corporate Secretary
  • Ms. Kristi L. Desjardins (Age 50)
    Vice President of Human Resources
  • Dave Hughes
    Manager of Investor Relations

Should I Buy Imperial Oil Stock? IMO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Imperial Oil Limited:

  • Imperial Oil reported a higher-than-expected EPS for the quarter, indicating strong financial performance.
  • The company has a return on equity of 20.76%, showcasing efficient utilization of shareholder funds.
  • Imperial Oil's dividend yield of 2.49% provides investors with a steady income stream.
  • The company's current ratio of 1.34 and quick ratio of 1.04 suggest a healthy liquidity position.
  • With a market cap of $38.03 billion, Imperial Oil is a significant player in the energy sector.

Cons

Investors should be bearish about investing in Imperial Oil Limited for these reasons:

  • Imperial Oil's revenue for the quarter fell short of consensus estimates, indicating potential challenges in top-line growth.
  • The company's payout ratio of 27.59% may limit future dividend growth or reinvestment in the business.
  • Analysts have lowered target prices for Imperial Oil, suggesting a cautious outlook on the stock.
  • The stock's beta of 1.47 indicates higher volatility compared to the market average.
  • Imperial Oil's fifty-two week high of $74.58 may pose a resistance level for further stock price appreciation.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Imperial Oil pros and cons to contact@marketbeat.com.

IMO Stock Analysis - Frequently Asked Questions

How have IMO shares performed this year?

Imperial Oil's stock was trading at $57.69 at the beginning of 2024. Since then, IMO shares have increased by 17.9% and is now trading at $68.00.
View the best growth stocks for 2024 here
.

How were Imperial Oil's earnings last quarter?

Imperial Oil Limited (NYSEAMERICAN:IMO) posted its quarterly earnings data on Friday, August, 2nd. The energy company reported $1.54 earnings per share for the quarter, topping analysts' consensus estimates of $1.43 by $0.11. The energy company earned $9.78 billion during the quarter, compared to analysts' expectations of $10.50 billion. Imperial Oil had a trailing twelve-month return on equity of 22.73% and a net margin of 10.05%.

Who are Imperial Oil's major shareholders?

Top institutional investors of Imperial Oil include First Eagle Investment Management LLC (4.08%), The Manufacturers Life Insurance Company (0.76%), TD Asset Management Inc (0.71%) and Dimensional Fund Advisors LP (0.18%).

How do I buy shares of Imperial Oil?

Shares of IMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Imperial Oil own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Imperial Oil investors own include Suncor Energy (SU), Range Resources (RRC), International Business Machines (IBM), Exxon Mobil (XOM), Callon Petroleum (CPE), Enbridge (ENB) and Mondi (MNDI).

This page (NYSEAMERICAN:IMO) was last updated on 9/7/2024 by MarketBeat.com Staff

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