Imperial Oil Ltd.

Imperial is moving forward with plans to construct a world-class renewable diesel complex at its Strathcona refinery near Edmonton, Alberta. This new complex is expected to produce more than 1 billion litres per year of renewable diesel from locally sourced and grown feedstocks. The project is expected to realize about 3 million tonnes per year in emissions reductions in the Canadian transportation sector. This press [...]

Imperial Oil Ltd. today declared a quarterly dividend of 27 cents per share on the outstanding common shares of the company, payable on October 1, 2021, to shareholders of record at the close of business on September 3, 2021. This third quarter 2021 dividend compares with the second quarter 2021 dividend of 27 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a [...]

Imperial Oil Ltd. : Second quarter earnings of $366 million with cash flow from operating activities of $852 million Successfully completed significant planned turnaround activities at Kearl, Syncrude and Strathcona Highest second quarter production in over 25 years driven by record production at Kearl Accelerating plans to extend intervals between planned turnarounds at Kearl, eliminating need for second annual [...]

Imperial Oil Ltd. : Second quarter earnings of $366 million with cash flow from operating activities of $852 million Successfully completed significant planned turnaround activities at Kearl, Syncrude and Strathcona Highest second quarter production in over 25 years driven by record production at Kearl Accelerating plans to extend intervals between planned turnarounds at Kearl, eliminating need for second annual [...]

Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president investor relations, Imperial Oil Ltd., will host a 2021 Second Quarter Earnings Call on Friday, July 30, 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 711,673,439 outstanding common shares as of June 15, 2021, or a maximum of 35,583,671 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 [...]

Single loyalty program offers greater flexibility for customers to earn and redeem points Loblaw Companies Limited and Imperial Oil have solidified their relationship , offering an enhanced loyalty reward program at Esso stations across Canada. Effective January 18, 2022, Esso customers will be able to use their PC Optimum card to both earn and redeem points when they fuel up at approximately 2,000 Esso stations or shop [...]

Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada's oil sands production. The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas emissions from oil sands operations by 2050 to help Canada [...]

Imperial Oil Ltd. announced at its annual meeting of shareholders held on May 4, 2021, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 17, 2021 were elected as directors. A total of 674,344,229 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 Oil Ltd. announced today that it has received final acceptance from the Toronto Stock Exchange to amend its normal course issuer bid to increase the number of common shares that it may repurchase. Under the amendment, the number of common shares that may be repurchased will increase from 50,000 common shares to up to four percent of its 734,076,755 outstanding common shares as of June 15, 2020, or a maximum of [...]