Imperial Oil Ltd.

Imperial Oil Ltd., TSE: IMO, NYSE American: IMO Second quarter Six months millions of Canadian dollars, unless noted 2023 2022 ? 2023 2022 ? Net income 675 2,409 1,923 3,582 Net income per common share, assuming dilution 1.15 3.63 3.29 5.36 Capital and exploration expenditures 493 314 +179 922 610 +312 Imperial reported estimated net income in the second quarter of $675 million, compared to net income of $1,248 million in [...]

Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Ltd., will host a 2023 Second Quarter Earnings Call on Friday, July 28, following the company's second quarter earnings release that morning. 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. announced today that it has received final acceptance from the Toronto Stock Exchange for a normal course issuer bid to repurchase up to five percent of its 584,152,718 outstanding common shares as of June 15, 2023, or a maximum of 29,207,635 shares during the next 12 months. This maximum will be reduced by the number of shares purchased from Exxon Mobil Corp. , Imperial's majority shareholder, as [...]

Imperial Oil Ltd. announced at its annual meeting of shareholders held on May 2, 2023, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 16, 2023 were elected as directors. A total of 531,116,532 shares were represented in person or by proxy. The percentage of shares represented at the meeting that were voted to elect the individual directors are [...]

Imperial announced today that S.L. Evers, currently Vice President, Commercial and Corporate Development, will become the company's Senior Vice President, Sustainability, Commercial Development and Product Solutions, assuming oversight and responsibility of the company's downstream business effective May 1, 2023. Sherri will continue to oversee the commercial and corporate development business. This press release features [...]

Imperial Oil Ltd. today declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payable on July 1, 2023, to shareholders of record at the close of business on June 2, 2023. This second quarter 2023 dividend compares with the first quarter 2023 dividend of 44 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading [...]

Imperial Oil Ltd. : First quarter millions of Canadian dollars, unless noted 2023 2022 ?I Net income 1,248 1,173 +75 Net income per common share, assuming dilution 2.13 1.75 +0.38 Capital and exploration expenditures 429 296 +133 Imperial reported estimated net income in the first quarter of $1,248 million, compared to net income of $1,727 million in the fourth quarter of 2022, with continued strong operating performance [...]

Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Ltd., will host a 2023 First Quarter Earnings Call on Friday, April 28, following the company's first quarter earnings release that morning. 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 [...]

Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Ltd., will host the company's 2023 Investor Day on Wednesday, April 19. The presentation begins at 9 a.m. EST and will be accessible by webcast. At Investor Day, Imperial's management team will provide an update on the company's operations and business strategy, followed by a question-and-answer [...]

Imperial announced today that J.R. Wetmore, currently Vice President, Downstream and Chemicals for Imperial will become the Americas Fuels Value Chain Planning & Business Development Manager for Exxon Mobil Corp., effective May 1, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230316005125/en/ Jon Wetmore Vice President, Downstream "On behalf of Imperial [...]