Imperial Oil (IMO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$88.28 to C$89.61
• 50-Day Range: C$88.61 to C$108.03
• 52-Week Range: C$73.81 to C$108.89
• Volume: 2.16 million shs
• Average Volume: 990,198 shs
• Market Capitalization: C$47.48 billion
• P/E Ratio: 9.29
• Dividend Yield: 2.71%
• Price Target: C$103.90
• Consensus Rating: Hold

Imperial Oil Stock Analysis - MarketRank™

Imperial Oil scored higher than 57% 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: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Imperial Oil has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Imperial Oil has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Imperial Oil is 9.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Imperial Oil is 9.29, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 96.44.

Price to Earnings Growth Ratio

Imperial Oil has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Imperial Oil has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for IMO.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Imperial Oil pays a meaningful dividend of 2.32%, 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 25.16%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for IMO.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: -0.60

News Sentiment

Imperial Oil has a news sentiment score of -0.60. 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 0.56 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Imperial Oil this week, compared to 2 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

4 people have added Imperial Oil to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Imperial Oil insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$467,714.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

71.26% of the stock of Imperial Oil is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 24.94% 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 C$75.48 on January 1st, 2024. Since then, IMO stock has increased by 17.4% and is now trading at C$88.61.
View the best growth stocks for 2024 here.

How do I buy shares of Imperial Oil?

Shares of IMO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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 Bank of Nova Scotia (BNS), Suncor Energy (SU), Enbridge (ENB), Canadian Natural Resources (CNQ), Toronto-Dominion Bank (TD), Cenovus Energy (CVE) and Air Canada (AC).

Company Calendar

• 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
• Dividend Payable: 1/01/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Integrated
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:IMO
• CUSIP: N/A
• CIK: N/A
• Web: www.imperialoil.ca
• Phone: +1-587-4763950
• Fax: N/A
• Employees: 5,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$103.90
• High Stock Price Target: C$120.00
• Low Stock Price Target: C$90.00
• Potential Upside/Downside: +17.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$9.54
• Trailing P/E Ratio: 9.29
• Forward P/E Ratio: 10.28
• P/E Growth: 0.21
• Net Income: C$5.29 billion
• Net Margins: 10.09%
• Pretax Margin: N/A
• Return on Equity: 22.17%
• Return on Assets: 9.78%

Debt

• Debt-to-Equity Ratio: 18.27
• Current Ratio: 1.40
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: C$52.48 billion
• Price / Sales: 0.90
• Cash Flow: C$7.26 per share
• Price / Cash Flow: 12.21
• Book Value: C$44.67 per share
• Price / Book: 1.98

Miscellaneous

• Outstanding Shares: 535,840,000
• Free Float: N/A
• Market Cap: C$47.48 billion
• Optionable: Not Optionable
• Beta: 1.78