Imperial Oil (IMO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $61.40 to $62.38
• 50-Day Range: N/A
• 52-Week Range: $54.58 to $80.17
• Volume: 880,512 shs
• Average Volume: 413,228 shs
• Market Capitalization: $31.64 billion
• P/E Ratio: 9.20
• Dividend Yield: 2.87%
• Price Target: $109.00
• Consensus Rating: Hold

Imperial Oil Stock Analysis - MarketRank™

Imperial Oil scored higher than 56% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Imperial Oil has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Imperial Oil has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -18.97%

Earnings Growth

Earnings for Imperial Oil are expected to decrease by -18.97% in the coming year, from $6.22 to $5.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Imperial Oil is 9.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Imperial Oil is 9.20, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.10.

Price to Book Value per Share Ratio

Imperial Oil has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.12% of the float of Imperial Oil has been sold short.

Short Interest Ratio / Days to Cover

Imperial Oil has a short interest ratio ("days to cover") of 37.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Imperial Oil has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Imperial Oil pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Imperial Oil does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Imperial Oil is 26.38%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Imperial Oil will have a dividend payout ratio of 35.12% next year. This indicates that Imperial Oil will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -8.37

Percentage of Shares Shorted

10.12% of the float of Imperial Oil has been sold short.

Short Interest Ratio / Days to Cover

Imperial Oil has a short interest ratio ("days to cover") of 37.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Imperial Oil has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.11

News Sentiment

Imperial Oil has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Imperial Oil this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for IMO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

1 people have added Imperial Oil to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Imperial Oil insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 20.74% of the stock of Imperial Oil is held by institutions.

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 the year. Since then, IMO shares have increased by 7.0% and is now trading at $61.73.
View the best growth stocks for 2024 here.

How were Imperial Oil's earnings last quarter?

Imperial Oil Limited (NYSEAMERICAN:IMO) announced its earnings results on Friday, October, 30th. The energy company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.01. The energy company had revenue of $4.47 billion for the quarter, compared to analyst estimates of $3.43 billion. Imperial Oil had a trailing twelve-month return on equity of 21.19% and a net margin of 9.48%.

Who are Imperial Oil's major shareholders?

Imperial Oil's top institutional shareholders include FMR LLC (6.99%), The Manufacturers Life Insurance Company (0.84%), Connor Clark & Lunn Investment Management Ltd. (0.40%) and Geode Capital Management LLC (0.16%).

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 NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Invesco QQQ (QQQ), Arista Networks (ANET), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 10/30/2020
• Ex-Dividend for 10/1 Dividend: 9/04/2024
• Dividend Payable: 10/01/2024
• Ex-Dividend for 1/1 Dividend: 12/03/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/01/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Oils/Energy
• Industry: Petroleum refining
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSEAMERICAN:IMO
• Previous Symbol: NYSEMKT:IMO
• CUSIP: N/A
• CIK: 49938
• Web: www.imperialoil.ca
• Phone: (800) 567-3776
• Fax: 800-367-0585
• Employees: 5,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $109.00
• High Stock Price Target: $110.00
• Low Stock Price Target: $108.00
• Potential Upside/Downside: +76.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.71
• Trailing P/E Ratio: 9.20
• Forward P/E Ratio: 9.92
• P/E Growth: N/A
• Net Income: $3.62 billion
• Net Margins: 9.48%
• Pretax Margin: 12.31%
• Return on Equity: 21.19%
• Return on Assets: 11.56%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 1.44
• Quick Ratio: 1.23

Sales & Book Value

• Annual Sales: $37.75 billion
• Price / Sales: 0.84
• Cash Flow: $7.90 per share
• Price / Cash Flow: 7.81
• Book Value: $30.72 per share
• Price / Book: 2.01

Miscellaneous

• Outstanding Shares: 512,570,000
• Free Float: N/A
• Market Cap: $31.64 billion
• Optionable: Not Optionable
• Beta: 1.42