Imperial Oil Ltd.

FLO, a leading North American electric vehicle charging network, and Imperial announced a unique collaboration that will support Canada's net zero greenhouse gas emissions goals by expanding FLO charging network for electric vehicles. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221020005198/en/ "Our collaboration with Imperial is noteworthy-involving two [...]

Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Ltd., will host a 2022 Third Quarter Earnings Call on Friday, October 28, following the company's third 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 [...]

CALGARY, AB and LEHIGH VALLEY, Pa., Sept. 6, 2022 /PRNewswire/ -- Imperial today announced a long-term contract with Air Products to supply low-carbon hydrogen for Imperial's proposed renewable diesel complex at its Strathcona refinery near Edmonton, Alberta. Air Products will provide pipeline supply from its hydrogen plant under construction in Edmonton. "Our agreement with Air Products is an important milestone as we [...]

Imperial today announced that together with ExxonMobil Canada, it has successfully completed the previously announced sale of XTO Energy Canada to Whitecap Resources Inc. for a total cash consideration of $1.9 billion . As a result of the sale, Imperial will record an after-tax earnings gain of approximately $200 million in the third quarter of 2022. The sale is consistent with Imperial's strategy to focus upstream [...]

Imperial Oil Ltd. today declared a quarterly dividend of 34 cents per share on the outstanding common shares of the company, payable on October 1, 2022, to shareholders of record at the close of business on September 2, 2022. This third quarter 2022 dividend compares with the second quarter 2022 dividend of 34 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a [...]

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Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Ltd., will host a 2022 Second Quarter Earnings Call on Friday, July 29, 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 today announced that together with ExxonMobil Canada, it has entered into an agreement with Whitecap Resources Inc. for the sale of XTO Energy Canada, which is jointly owned by Imperial and ExxonMobil Canada, for a total cash consideration of $1.9 billion . The sale is expected to close before the end of the third quarter 2022, subject to regulatory approvals. The sale completes the marketing effort announced in [...]

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 636,676,182 outstanding common shares as of June 15, 2022, or a maximum of 31,833,809 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. and E3 Lithium announced today a collaboration to advance a lithium-extraction pilot in Alberta, exploring the redevelopment of an historic oil field into a potential new leading source of lithium for Canada's growing critical minerals industry. The pilot will support E3 Lithium's Clearwater project, which will draw lithium from under the Leduc oil field, Imperial's historic discovery that first launched [...]