Scotiabank Maintains Sector Outperform on Imperial Oil, Lowers Price Target to C$110
Scotiabank analyst Jason Bouvier maintains Imperial Oil (AMEX:IMO) with a Sector Outperform and lowers the price target from C$111 to C$110.
Scotiabank analyst Jason Bouvier maintains Imperial Oil (AMEX:IMO) with a Sector Outperform and lowers the price target from C$111 to C$110.
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Date | Price Target | Rating | Analyst |
---|---|---|---|
7/18/2024 | $108.00 | Outperform | Wolfe Research |
12/8/2023 | Underweight → Neutral | JP Morgan | |
11/8/2023 | Buy → Neutral | Goldman | |
7/12/2023 | Buy | UBS | |
4/12/2023 | $82.00 → $78.00 | Outperform → Sector Perform | RBC Capital Mkts |
3/21/2023 | Sector Perform → Sector Outperform | Scotiabank | |
12/5/2022 | Neutral → Underweight | JP Morgan | |
10/31/2022 | Market Perform → Outperform | BMO Capital Markets |
Imperial Oil Limited ((TSE: IMO, NYSE:IMO) announced today the preliminary results of its substantial issuer bid (the "Offer"), pursuant to which Imperial offered to purchase for cancellation up to $1.5 billion of its common shares (the "Shares"). The Offer proceeded by way of a modified Dutch auction, which had a tender price range from $78.50 per Share to $94.00 per Share, and included the option for shareholders to participate via a proportionate tender. The Offer expired at 5:00 p.m. (Calgary time) on December 8, 2023. All amounts are in Canadian dollars. In accordance with the terms and conditions of the Offer and based on the preliminary calculation of Computershare Investor Service
Quarterly net income of $675 million and cash flow from operating activities of $885 million Successful completion of planned turnaround activities at Kearl, Syncrude and Strathcona refinery Upstream production of 363,000 gross oil-equivalent barrels per day Refinery throughput of 388,000 barrels per day and capacity utilization of 90% Commenced facility construction on the Strathcona Renewable Diesel project Renewed annual normal course issuer bid (NCIB) to repurchase up to 5% of outstanding common shares, with plans to accelerate completion of the program prior to year end Declared third quarter dividend of 50 cents per share IMPERIAL OIL LIMITED, TSE: IMO, NYSE Amer
J.R. (Jon) Wetmore appointed Americas Fuels Value Chain Planning & Business Development Manager, Exxon Mobil Corporation, effective May 1, 2023 Imperial ((TSE: IMO, NYSE:IMO) announced today that J.R. (Jon) Wetmore, currently Vice President, Downstream and Chemicals for Imperial will become the Americas Fuels Value Chain Planning & Business Development Manager for Exxon Mobil Corporation, 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 (Photo: Business Wire) "On behalf of Imperial, I would like to thank Jon Wetmore for his leadership as Vice President
Quarterly net income of $675 million and cash flow from operating activities of $885 million Successful completion of planned turnaround activities at Kearl, Syncrude and Strathcona refinery Upstream production of 363,000 gross oil-equivalent barrels per day Refinery throughput of 388,000 barrels per day and capacity utilization of 90% Commenced facility construction on the Strathcona Renewable Diesel project Renewed annual normal course issuer bid (NCIB) to repurchase up to 5% of outstanding common shares, with plans to accelerate completion of the program prior to year end Declared third quarter dividend of 50 cents per share IMPERIAL OIL LIMITED, TSE: IMO, NYSE Amer
Fourth quarter net income of $813 million with cash flow from operating activities of $1,632 million and free cash flow¹ of $1,233 million Highest annual Upstream production in over 30 years, underpinned by record annual Kearl production and continued strong production performance at Cold Lake Continued fuel demand recovery with full-year Downstream refinery capacity utilization of 89 percent Highest full-year Chemical earnings in over 30 years Record shareholder returns of nearly $3 billion in 2021 through dividend payments and share repurchases under the company's normal course issuer bid program Quarterly dividend increased by 26 percent from 27 cents to 34 cents per share A
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 22 cents per share on the outstanding common shares of the company, payable on April 1, 2021, to shareholders of record at the close of business on March 2, 2021. This first quarter 2021 dividend compares with the fourth quarter 2020 dividend of 22 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading member of the petroleum industry. The company has paid dividends every year for over a century and has increased its annual dividend payment for 26 consecutive years. Source: Imperial After more
10-Q - IMPERIAL OIL LTD (0000049938) (Filer)
8-K - IMPERIAL OIL LTD (0000049938) (Filer)
8-K - IMPERIAL OIL LTD (0000049938) (Filer)
Imperial Oil (AMEX:IMO) has outperformed the market over the past 5 years by 7.8% on an annualized basis producing an average annual return of 20.64%. Currently, Imperial Oil has a market capitalization of $37.40 billion. Buying $100 In IMO: If an investor had bought $100 of IMO stock 5 years ago, it would be worth $254.47 today based on a price of $69.80 for IMO at the time of writing. Imperial Oil's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and re
Wolfe Research analyst Doug Leggate reinstates Imperial Oil (AMEX:IMO) with a Outperform.
Scotiabank analyst Jason Bouvier maintains Imperial Oil (AMEX:IMO) with a Sector Outperform and lowers the price target from C$111 to C$110.
SC 13G/A - IMPERIAL OIL LTD (0000049938) (Subject)
SC 13G/A - IMPERIAL OIL LTD (0000049938) (Subject)
SC 13G - IMPERIAL OIL LTD (0000049938) (Subject)
Wolfe Research resumed coverage of Imperial Oil with a rating of Outperform and set a new price target of $108.00
JP Morgan upgraded Imperial Oil from Underweight to Neutral
Goldman downgraded Imperial Oil from Buy to Neutral