Imperial Oil Ltd.

Imperial Oil Ltd. announced today that it has changed the format of its upcoming annual meeting of shareholders being held on Friday, May 1, 2020 at 10:30 a.m. to a virtual only meeting. Shareholders may attend and participate in the meeting online via live audio webcast, but will not be able to attend the meeting in person. The move to a virtual only meeting format is in response to the risks associated with the COVID-19 [...]

Imperial today provided an update on its operations and corporate guidance in response to the market conditions resulting from the COVID-19 pandemic and decreases in commodity prices. ?The current COVID-19 pandemic, as well as business and commodity price environment, poses many challenges for our industry,? said Brad Corson, chairman, president and chief executive officer of Imperial. ?Imperial?s integrated business [...]

Over its long history, Imperial has faced numerous periods of low global crude oil prices. In the current challenging market environment caused by the COVID-19 pandemic and commodity price decreases, the company continues to demonstrate its long-standing commitment to financial strength, capital and operating expense discipline and maximizing long-term shareholder value. Imperial is currently in a low capital investment [...]

Imperial Oil Ltd. today declared a quarterly dividend of 22 cents per share on the outstanding common shares of the company, payable on April 1, 2020, to shareholders of record at the close of business on March 5, 2020. This first quarter 2020 dividend compares with the fourth quarter 2019 dividend of 22 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading [...]

Imperial Oil Ltd. : Full-year earnings of $2,200 million; $4,429 million cash generated from operations Annual production of 398,000 gross oil-equivalent barrels per day, the highest in over 25 years Kearl supplemental crushing capacity online as planned Returned over $2 billion to shareholders in 2019 through share purchases and dividends Fourth quarter Twelve months millions of Canadian dollars, unless noted 2019 2018 [...]

Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice president investor relations, Imperial Oil Ltd., will host a 2019 Fourth Quarter Earnings Call on Friday, January 31, following the company’s fourth quarter earnings release. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Corson will offer brief remarks prior to taking questions from [...]

Imperial Oil Ltd. : Net income of $424 million; cash generated from operations of nearly $1.4 billion Highest third quarter production in 30 years at 407,000 gross oil-equivalent barrels per day Returned $512 million to shareholders through share purchases and dividends Third quarter Nine months millions of Canadian dollars, unless noted 2019 2018 ? 2019 2018 ? Net income 424 749 -325 1,929 1,461 +468 Net income per [...]

Imperial Oil Ltd. today declared a quarterly dividend of 22 cents per share on the outstanding common shares of the company, payable on January 1, 2020, to shareholders of record at the close of business on December 3, 2019. This fourth quarter 2019 dividend compares with the third quarter 2019 dividend of 22 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a [...]

Rich Kruger, chairman and chief executive officer, and Dave Hughes, vice-president investor relations, Imperial Oil Ltd., will host the company's 2019 Investor Day on Tuesday, November 12 in Toronto. The event begins at 9 a.m. ET and will also be accessible by webcast. At Investor Day, Imperial's management will provide an update on its business strategy, operations and major projects followed by a question and answer [...]

Rich Kruger, chairman and chief executive officer, and Dave Hughes, vice president investor relations, Imperial Oil Ltd. , will host a 2019 Third Quarter Earnings Call on Friday, November 1 following the company’s third quarter earnings release. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Kruger will offer brief remarks prior to taking questions from Imperial’s [...]