Imperial Oil（IMO）株式概要インペリアル・オイル社はカナダで原油と天然ガスの探鉱、生産、販売を行っている。 詳細IMO ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長2/6過去の実績2/6財務の健全性5/6配当金5/6報酬当社が推定した公正価値より19.9%で取引されている 収益は年間5.32%増加すると予測されています 1.95%の安定した配当金を支払う リスク分析利益率(6.2%)は昨年より低い(9.5%) すべてのリスクチェックを見るIMO Community Fair Values Create NarrativeSee what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$133.195.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-1b59b2016201920222025202620282031Revenue CA$49.4bEarnings CA$3.1bAdvancedSet Fair ValueView all narrativesImperial Oil Limited 競合他社Occidental PetroleumSymbol: NYSE:OXYMarket cap: US$58.5bChevronSymbol: NYSE:CVXMarket cap: US$378.5bExxon MobilSymbol: NYSE:XOMMarket cap: US$642.1bPhillips 66Symbol: NYSE:PSXMarket cap: US$71.2b価格と性能株価の高値、安値、推移の概要Imperial Oil過去の株価現在の株価CA$133.1952週高値CA$139.4452週安値CA$70.87ベータ0.851ヶ月の変化7.09%3ヶ月変化14.61%1年変化84.12%3年間の変化185.82%5年間の変化287.18%IPOからの変化2,423.60%最新ニュースReported Earnings • May 05First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: CA$1.94 (down from CA$2.53 in 1Q 2025). Revenue: CA$12.4b (flat on 1Q 2025). Net income: CA$940.0m (down 27% from 1Q 2025). Profit margin: 7.6% (down from 10% in 1Q 2025). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.お知らせ • May 03Imperial Oil Limited Declares Dividend for the Second Quarter of 2026, Payable on July 1, 2026Imperial Oil Limited declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on July 1, 2026, to shareholders of record at the close of business on June 4, 2026. This second quarter 2026 dividend compares with the first quarter 2026 dividend of 87 cents per share.New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Apr 16Imperial Oil Limited to Report Q1, 2026 Results on May 01, 2026Imperial Oil Limited announced that they will report Q1, 2026 results Pre-Market on May 01, 2026Upcoming Dividend • Feb 26Upcoming dividend of CA$0.87 per shareEligible shareholders must have bought the stock before 05 March 2026. Payment date: 01 April 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.5%).Declared Dividend • Feb 04Fourth quarter dividend of CA$0.87 announcedShareholders will receive a dividend of CA$0.87. Ex-date: 5th March 2026 Payment date: 1st April 2026 Dividend yield will be 2.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.最新情報をもっと見るRecent updatesReported Earnings • May 05First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: CA$1.94 (down from CA$2.53 in 1Q 2025). Revenue: CA$12.4b (flat on 1Q 2025). Net income: CA$940.0m (down 27% from 1Q 2025). Profit margin: 7.6% (down from 10% in 1Q 2025). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.お知らせ • May 03Imperial Oil Limited Declares Dividend for the Second Quarter of 2026, Payable on July 1, 2026Imperial Oil Limited declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on July 1, 2026, to shareholders of record at the close of business on June 4, 2026. This second quarter 2026 dividend compares with the first quarter 2026 dividend of 87 cents per share.New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Apr 16Imperial Oil Limited to Report Q1, 2026 Results on May 01, 2026Imperial Oil Limited announced that they will report Q1, 2026 results Pre-Market on May 01, 2026Upcoming Dividend • Feb 26Upcoming dividend of CA$0.87 per shareEligible shareholders must have bought the stock before 05 March 2026. Payment date: 01 April 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.5%).Declared Dividend • Feb 04Fourth quarter dividend of CA$0.87 announcedShareholders will receive a dividend of CA$0.87. Ex-date: 5th March 2026 Payment date: 1st April 2026 Dividend yield will be 2.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 03Imperial Oil Limited, Annual General Meeting, May 04, 2026Imperial Oil Limited, Annual General Meeting, May 04, 2026.Reported Earnings • Feb 01Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CA$6.50 (down from CA$9.05 in FY 2024). Revenue: CA$47.1b (down 8.6% from FY 2024). Net income: CA$3.27b (down 32% from FY 2024). Profit margin: 6.9% (down from 9.3% in FY 2024). The decrease in margin was driven by lower revenue. Combined production Oil equivalent production: 141.194 MMboe (135.415 MMboe in FY 2024) Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.お知らせ • Jan 30Imperial Oil Limited Declares Dividend for the First Quarter of 2026, Payable on April 1, 2026Imperial Oil Limited declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on April 1, 2026, to shareholders of record at the close of business on March 5, 2026. This first quarter 2026 dividend compares with the fourth quarter 2025 dividend of 72 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 31 consecutive years.Board Change • Dec 29High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Director Tanya Bryja was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 16Imperial Oil Limited Provides Production Guidance for the Year 2026Imperial Oil Limited provides production guidance for the year 2026. In the Upstream, production is forecasted to be between 441,000 and 460,000 gross oil equivalent barrels per day. In the Downstream, throughput is forecasted between 395,000 and 405,000 barrels per day with capacity utilization between 91% and 93%.お知らせ • Oct 31Imperial Oil Limited Declares Dividend for the Fourth Quarter of 2025 Payable on January 1, 2026Imperial Oil Limited declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on January 1, 2026, to shareholders of record at the close of business on December 3, 2025. This fourth quarter 2025 dividend compares with the third quarter 2025 dividend of 72 cents per share.お知らせ • Sep 30Imperial Announces Restructuring to Further Advance Its Well-Established Strategy of Increasing Cash Flow and Delivering Industry-Leading Shareholder ReturnsImperial announced plans to further improve its industry-leading performance by centralizing additional corporate and technical activities in global business and technology centres, realizing substantial efficiency and effectiveness benefits from scale, integration and technology. The restructuring is consistent with Imperial’s strategy to maximize value, using technology and leveraging the company’s relationship with ExxonMobil. With data availability and processing capabilities growing at an accelerating pace, the changes are designed to fully leverage globally available expertise to maximize the benefits of current technology and accelerate the cost-effective deployment of new technologies that drive value and enhance financial resilience. Imperial corporate guidance for 2025 is unchanged and the company is well positioned to meet or beat its medium-term production and unit cost targets for Kearl and Cold Lake. Additionally, as a result of the restructuring, the company anticipates it will achieve a reduction in annual expenses of $150 million by 2028. Larger benefits are expected over the longer-term as more fully leveraging the global scale and expertise of its major shareholder, ExxonMobil, will enable Imperial to further enhance cash flow growth by driving productivity improvements across its operations including higher production, reduced downtime, lower unit operating costs as well as project planning and execution excellence. The restructuring will use a rigorous transition process and is expected to reduce employee roles by approximately 20% by the end of 2027. As part of this change, Imperial will further consolidate activities to its operating sites, enhancing collaboration, operational focus and execution excellence. As a result of these changes, the company expects to record a one-time restructuring charge of approximately $330 million before-tax in the third quarter of 2025. Throughout this transition, the company’s focus on safety and operational excellence will not change. Imperial remains committed to responsibly producing the energy and products Canadians rely on and supporting the communities where it operates.お知らせ • Sep 17Imperial Oil Limited Announces Board ChangesImperial Oil Limited announced the appointment of Tanya Bryja to its board of directors effective September 16, 2025. Ms. Bryja is ExxonMobil’s Senior Vice President of Energy Products, based in Spring, Texas, where she leads the integrated, global energy products business, which includes fuels, aromatics, catalysts and technology licensing. She has more than 27 years of experience across a number of ExxonMobil downstream and corporate organizations, with assignments throughout the United States and in Belgium. Ms. Bryja received her Bachelor of Science degree in Chemical Engineering from Northwestern University in Evanston, Illinois in 1997 and began her career with ExxonMobil that same year. The company also announced the following updates to Imperial’s board of directors. David Cornhill, currently Lead Director, will be reaching the board’s mandatory age of retirement and has announced his intention to not stand for re-election at the 2026 annual meeting of shareholders. To facilitate an orderly transition of the Lead Director role, the company’s independent directors have selected current director Miranda Hubbs to succeed Mr. Cornhill as Lead Director effective October 1, 2025. Mr. Cornhill intends to continue to serve as an independent director until the 2026 annual meeting of shareholders.Upcoming Dividend • Aug 28Upcoming dividend of CA$0.72 per shareEligible shareholders must have bought the stock before 04 September 2025. Payment date: 01 October 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.0%).Declared Dividend • Aug 04Second quarter dividend of CA$0.72 announcedShareholders will receive a dividend of CA$0.72. Ex-date: 4th September 2025 Payment date: 1st October 2025 Dividend yield will be 2.6%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 2.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 03Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: CA$1.86 (down from CA$2.12 in 2Q 2024). Revenue: CA$11.2b (down 16% from 2Q 2024). Net income: CA$949.0m (down 16% from 2Q 2024). Profit margin: 8.4% (down from 8.5% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • Aug 01Imperial Oil Limited Declares Quarterly Dividend, Payable on October 1, 2025Imperial Oil Limited declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on October 1, 2025, to shareholders of record at the close of business on September 4, 2025. This third quarter 2025 dividend compares with the second quarter 2025 dividend of 72 cents per share.Board Change • Jun 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman, President & CEO John Whelan was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • May 28Upcoming dividend of CA$0.72 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 01 July 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (4.2%).Declared Dividend • May 05First quarter dividend of CA$0.72 announcedShareholders will receive a dividend of CA$0.72. Ex-date: 4th June 2025 Payment date: 1st July 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 04First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: CA$2.53 (up from CA$2.23 in 1Q 2024). Revenue: CA$12.5b (up 2.2% from 1Q 2024). Net income: CA$1.29b (up 7.8% from 1Q 2024). Profit margin: 10% (in line with 1Q 2024). Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year.お知らせ • May 02Imperial Oil Limited Declares Quarterly Dividend, Payable on July 1, 2025Imperial Oil Limited declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on July 1, 2025, to shareholders of record at the close of business on June 4, 2025.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$60.22, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Oil and Gas industry in the US. Total returns to shareholders of 27% over the past three years.お知らせ • Mar 01Imperial Oil Limited to Report Q4, 2025 Results on Jan 30, 2026Imperial Oil Limited announced that they will report Q4, 2025 results on Jan 30, 2026Upcoming Dividend • Feb 26Upcoming dividend of CA$0.72 per shareEligible shareholders must have bought the stock before 05 March 2025. Payment date: 01 April 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.0%).お知らせ • Feb 15+ 1 more updateImperial Oil Limited Announces CEO Changes, Effective May 8, 2025Imperial Oil Limited approved the appointment of J.R. (John) Whelan as president, effective April 1, 2025. Chairman, president and chief executive officer, B.W. (Brad) Corson, has declared his plans to retire from Imperial after 42 years of service and following an orderly transition. At the conclusion of the company’s annual meeting of shareholders on May 8, 2025, Mr. Whelan will assume the role of chairman, president and CEO of Imperial Oil Limited. Mr. Whelan, a native of St. John’s, Newfoundland and Labrador, holds a Bachelor of Engineering in Mechanical Engineering from Memorial University of Newfoundland. He began his career with ExxonMobil in 1988 in Drayton Valley, Alberta and has held various technical, project, operations, commercial and management positions in Canada, the United States and Norway. Mr. Whelan returned to Canada in 2013 and served as Imperial’s vice president of Upstream production. He was appointed Imperial’s senior vice president, Upstream in March 2017, leading the upstream organization through a period of record growth, including increased production and reliability at Kearl, the company’s oil sands mining operation. Mr. Whelan is currently ExxonMobil Upstream’s senior vice president, responsible for the company’s conventional and heavy oil global business line. In this role, Mr. Whelan leads global business units across the USA, Canada, Europe, Caspian, Middle East and Asia Pacific regions, successfully driving operational excellence with integrated strategy and portfolio development to deliver exceptional performance and continuous improvement across the full value chain. Mr. Corson was appointed chairman, president and chief executive officer of Imperial on January 1, 2020. A native of Woodstock, Illinois, Mr. Corson started his career with ExxonMobil in 1983 in New Orleans, Louisiana, and has held various technical, operations, commercial and managerial assignments around the world. Prior to his appointment to Imperial, he was vice president of Exxon Mobil Corporation responsible for overseeing ExxonMobil’s global upstream acquisition and divestment programs, including strategic acquisitions in the Permian Basin, Papua New Guinea, Mozambique and Brazil.お知らせ • Feb 04Imperial Oil Limited, Annual General Meeting, May 08, 2025Imperial Oil Limited, Annual General Meeting, May 08, 2025.Declared Dividend • Feb 03Fourth quarter dividend of CA$0.72 announcedShareholders will receive a dividend of CA$0.72. Ex-date: 5th March 2025 Payment date: 1st April 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 01Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: CA$9.05. Revenue: CA$51.5b (up 1.6% from FY 2023). Net income: CA$4.79b (down 2.0% from FY 2023). Profit margin: 9.3% (in line with FY 2023). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 3.2%. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Oil and Gas industry in the US.お知らせ • Jan 31Imperial Oil Limited Declares First Quarter 2025 Dividend, Payable on April 1, 2025Imperial Oil Limited declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on April 1, 2025, to shareholders of record at the close of business on March 5, 2025. This first quarter 2025 dividend compares with the fourth quarter 2024 dividend of 60 cents per share.お知らせ • Jan 10Sherri Evers, Currently Senior Vice President, Sustainability, Commercial Development and Product Solutions for Imperial to Become North America Lubes General Manager for Exxon Mobil Corporation, Effective March 1, 2025Imperial announced that Sherri Evers, currently Senior Vice President, Sustainability, Commercial Development and Product Solutions for Imperial, will become North America Lubes General Manager for Exxon Mobil Corporation, effective March 1, 2025. Ms. Evers holds a Bachelor of Commerce in Marketing and General Business from the University of Saskatchewan. She began her career with Imperial in 1998 in Edmonton, Alberta and held various assignments within the company’s downstream business. In 2012, Ms. Evers began a series of global assignments with Exxon Mobil Corporation related to product optimization, planning and supply network before returning to Canada as the Eastern Canada Fuels Manager for the Downstream in 2018. Ms. Evers was appointed Vice President, Commercial and Corporate Development in 2021 prior to appointment to her current role in 2023. An announcement on her replacement will be made at a future date.お知らせ • Dec 25+ 2 more updatesImperial Oil Limited to Report Q2, 2025 Results on Aug 01, 2025Imperial Oil Limited announced that they will report Q2, 2025 results on Aug 01, 2025お知らせ • Dec 13Imperial Oil Limited Provides Production Guidance for the Full Year 2025Imperial Oil Limited provided production guidance for the full year 2025. For the full year 2025, the company expects Upstream, production is forecasted to grow to between 433,000 and 456,000 gross oil equivalent barrels per day. In the Downstream, throughput is forecasted to be between 405,000 and 415,000 barrels per day with capacity utilization between 94% and 96%.Upcoming Dividend • Nov 26Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 03 December 2024. Payment date: 01 January 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.8%).Declared Dividend • Nov 04Third quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 3rd December 2024 Payment date: 1st January 2025 Dividend yield will be 2.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 01Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: CA$2.33 (down from CA$2.77 in 3Q 2023). Revenue: CA$13.3b (down 4.4% from 3Q 2023). Net income: CA$1.24b (down 23% from 3Q 2023). Profit margin: 9.3% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 24%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 28% per year.お知らせ • Nov 01Imperial Oil Limited Declares Fourth Quarter 2024 Dividend , Payable January 1, 2025Imperial Oil Limited declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on January 1, 2025, to shareholders of record at the close of business on December 3, 2024. This fourth quarter 2024 dividend compares with the third quarter 2024 dividend of 60 cents per share.お知らせ • Aug 06Imperial Oil Limited to Report Q4, 2024 Results on Jan 31, 2025Imperial Oil Limited announced that they will report Q4, 2024 results on Jan 31, 2025Declared Dividend • Aug 05Second quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 4th September 2024 Payment date: 1st October 2024 Dividend yield will be 2.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 3.0% over the next 3 years. However, it would need to fall by 75% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 04Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: CA$2.11 (up from CA$1.16 in 2Q 2023). Revenue: CA$13.4b (up 14% from 2Q 2023). Net income: CA$1.13b (up 68% from 2Q 2023). Profit margin: 8.5% (up from 5.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 26%. Earnings per share (EPS) exceeded analyst estimates by 5.9%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 36% per year.Upcoming Dividend • May 27Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (4.0%).お知らせ • Apr 30Imperial Announces Management ChangesImperial announced the appointment of Cheryl Gomez-Smith as Senior Vice President, Upstream, effective May 1, 2024. Ms. Gomez-Smith, currently Director of Safety and Risk, ExxonMobil Global Operations and Sustainability, succeeds Simon Younger, who has been appointed Lead Country Manager and General Manager Australia Conventional, ExxonMobil Upstream. Mr. Younger, a native of Australia, holds a Bachelor of Engineering in Mechanical Engineering from the University of Tasmania, Australia. He began his career with Esso Australia, an ExxonMobil affiliate, in 1997 as a rotating equipment engineer supporting both offshore and onshore assets. Mr. Younger has held a variety of roles in Australia, the United States, Nigeria and Canada. In 2019, Mr. Younger moved to Calgary, Alberta to become Vice President, Production for Imperial and was appointed Imperial’s Senior Vice President, Upstream on June 1, 2020. Ms. Gomez-Smith earned a Bachelor of Engineering in Mechanical Engineering from the University of Notre Dame in the United States, and an MBA from Tulane University of Louisiana. She began her career in 1990 as a facilities engineer in Midland, Texas and has held various technical and leadership roles of increasing responsibility in the United States, Qatar, Russia and Kazakhstan, where she served as Lead Country Manager. Ms. Gomez-Smith is currently the Director of Safety and Risk in ExxonMobil’s Global Operations and Sustainability organization in Houston, Texas, where she provides strategic leadership and oversight for ExxonMobil personnel and process safety.Declared Dividend • Apr 29First quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 3rd June 2024 Payment date: 1st July 2024 Dividend yield will be 2.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 28First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: CA$2.23. Revenue: CA$12.3b (up 1.9% from 1Q 2023). Net income: CA$1.20b (down 4.2% from 1Q 2023). Profit margin: 9.7% (in line with 1Q 2023). Revenue missed analyst estimates by 31%. Earnings per share (EPS) exceeded analyst estimates by 7.3%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Oil and Gas industry in the US.お知らせ • Apr 27Imperial Oil Limited Declares Quarterly Dividend for the Second Quarter of 2024, Payable on July 1, 2024Imperial Oil Limited declared quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on July 1, 2024, to shareholders of record at the close of business on June 3, 2024. This second quarter 2024 dividend compares with the first quarter 2024 dividend of 60 cents per share.Reported Earnings • Mar 05Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CA$8.51 (down from CA$11.47 in FY 2022). Revenue: CA$50.7b (down 15% from FY 2022). Net income: CA$4.89b (down 33% from FY 2022). Profit margin: 9.6% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Oil reserves Proven reserves: 2165 MMbbls Gas reserves Proven reserves: 61 Bcf Combined production Oil equivalent production: 131.522 MMboe (127.324 MMboe in FY 2022) Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 2.2%. Revenue is expected to decline by 14% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 01Imperial Oil Limited Announces Directorate ChangesM.R. (Matthew) Crocker has announced that he will not be standing for re-election as a director of Imperial Oil Limited at the April 30, 2024 annual meeting. Following the recommendation of the company’s nominations and corporate governance committee, on February 28, 2024, the board of directors nominated N.A. (Neil) Hansen as a nominee for director on the slate of nominees. Mr. Hansen is senior vice-president, energy products at ExxonMobil Product Solutions Company, a division of Exxon Mobil Corporation.Upcoming Dividend • Feb 23Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 01 March 2024. Payment date: 01 April 2024. Trailing yield: 2.9%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (4.4%).Declared Dividend • Feb 05Fourth quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 1st March 2024 Payment date: 1st April 2024 Dividend yield will be 3.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (23% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 03Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CA$8.51 (down from CA$11.47 in FY 2022). Revenue: CA$51.0b (down 14% from FY 2022). Net income: CA$4.89b (down 33% from FY 2022). Profit margin: 9.6% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 2.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 02Imperial Oil Limited Declares First Quarter 2024 Dividend, Payable on April 1, 2024Imperial Oil Limited declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on April 1, 2024, to shareholders of record at the close of business on March 4, 2024. This first quarter 2024 dividend compares with the fourth quarter 2023 dividend of 50 cents per share.お知らせ • Jan 17+ 4 more updatesImperial Oil Limited to Report Q1, 2024 Results on Apr 26, 2024Imperial Oil Limited announced that they will report Q1, 2024 results on Apr 26, 2024お知らせ • Dec 19Imperial Oil Limited Provides Production Guidance for the Full Year 2024Imperial Oil Limited provided production guidance for the full year 2024. For the full year 2024, the company expects Upstream production of 420,000 boe/d to 442,000 boe/d and Refinery throughput kbd of 385,000 - 400,000. Refinery utilization of 89% to 92%.Upcoming Dividend • Nov 23Upcoming dividend of CA$0.50 per share at 2.6% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 01 January 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (4.5%).Reported Earnings • Oct 29Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CA$2.77 (down from CA$3.25 in 3Q 2022). Revenue: CA$13.9b (down 7.6% from 3Q 2022). Net income: CA$1.60b (down 21% from 3Q 2022). Profit margin: 12% (down from 14% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 6.0%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 28+ 1 more updateImperial Oil Limited (TSX:IMO) announces an Equity Buyback for CAD 1,500 million worth of its shares.Imperial Oil Limited (TSX:IMO) announces a share repurchase program. Under the substantial issuer bid, the company will repurchase up to CAD 1,500 million worth of its shares. The shares repurchased will be cancelled. The bid is subject to obtaining the necessary exemptive relief under applicable securities laws in Canada and the United States. The offer will expire before the end on December 2023.お知らせ • Oct 17Imperial Oil Limited to Report Q3, 2023 Results on Oct 27, 2023Imperial Oil Limited announced that they will report Q3, 2023 results on Oct 27, 2023Upcoming Dividend • Aug 24Upcoming dividend of CA$0.50 per share at 2.7% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 01 October 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (4.4%).お知らせ • Jul 29Imperial Oil Limited Declares Third Quarter 2023 Dividend, Payable on October 1, 2023Imperial Oil Limited declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payable on October 1,2023, to shareholders of record at the close of business on September 1, 2023. This third quarter 2023 dividend compares with the second quarter 2023 dividend of 50 cents per share.Reported Earnings • Jul 29Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: CA$1.16 (down from CA$3.63 in 2Q 2022). Revenue: CA$11.8b (down 32% from 2Q 2022). Net income: CA$675.0m (down 72% from 2Q 2022). Profit margin: 5.7% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.3% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 18Imperial Oil Limited to Report Q2, 2023 Results on Jul 28, 2023Imperial Oil Limited announced that they will report Q2, 2023 results on Jul 28, 2023Buying Opportunity • Jul 06Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.4%. The fair value is estimated to be US$63.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 102%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to decline by 39% in the next 2 years.Upcoming Dividend • May 25Upcoming dividend of CA$0.50 per share at 3.1% yieldEligible shareholders must have bought the stock before 01 June 2023. Payment date: 01 July 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (4.8%).Reported Earnings • Apr 29First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: CA$2.14 (up from CA$1.75 in 1Q 2022). Revenue: CA$12.1b (down 4.2% from 1Q 2022). Net income: CA$1.25b (up 6.4% from 1Q 2022). Profit margin: 10% (up from 9.3% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 11Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be US$62.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 89%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is forecast to decline by 14% per annum over the same time period.Upcoming Dividend • Feb 23Upcoming dividend of CA$0.44 per share at 2.6% yieldEligible shareholders must have bought the stock before 02 March 2023. Payment date: 01 April 2023. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.7%).Buying Opportunity • Feb 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be US$64.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 89%. Revenue is forecast to grow by 9.9% in 2 years. Earnings is forecast to decline by 33% in the next 2 years.Reported Earnings • Feb 02Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CA$11.47 (up from CA$3.48 in FY 2021). Revenue: CA$59.7b (up 59% from FY 2021). Net income: CA$7.34b (up 196% from FY 2021). Profit margin: 12% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 6.2% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 01Imperial Oil Limited Declares Quarterly Dividend for the First Quarter 2023, Payable on April 1, 2023Imperial Oil Limited declared a quarterly dividend of 44 cents per share on the outstanding common shares of the company, payable on April 1, 2023, to shareholders of record at the close of business on March 3, 2023. This first quarter 2023 dividend compares with the fourth quarter 2022 dividend of 44 cents per share.Upcoming Dividend • Nov 24Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 01 December 2022. Payment date: 01 January 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.0%).Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Non-Independent Director Matthew Crocker was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Non-Independent Director Matthew Crocker was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: CA$3.25 (up from CA$1.30 in 3Q 2021). Revenue: CA$15.2b (up 49% from 3Q 2021). Net income: CA$2.03b (up 124% from 3Q 2021). Profit margin: 13% (up from 8.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 14Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be US$58.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 0.4% in the next 2 years.Board Change • Oct 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Non-Independent Director Matthew Crocker was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Aug 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be US$64.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 41% in 2 years. Earnings is forecast to grow by 6.2% in the next 2 years.Upcoming Dividend • Aug 25Upcoming dividend of CA$0.34 per shareEligible shareholders must have bought the stock before 01 September 2022. Payment date: 01 October 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.1%). Lower than average of industry peers (4.4%).Reported Earnings • Jul 29Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: CA$3.63 (up from CA$0.51 in 2Q 2021). Revenue: CA$17.3b (up 116% from 2Q 2021). Net income: CA$2.41b (up CA$2.04b from 2Q 2021). Profit margin: 14% (up from 4.6% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 38%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 14%, compared to a 25% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year.Upcoming Dividend • May 25Upcoming dividend of CA$0.34 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.1%). Lower than average of industry peers (3.9%).Recent Insider Transactions • May 11Insider recently sold US$1.0m worth of stockOn the 6th of May, Bruce Jolly sold around 20k shares on-market at roughly US$51.89 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.4m more than they bought in the last 12 months.Buying Opportunity • May 05Now 20% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be US$65.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 49% in the next 2 years.Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CA$1.75 (up from CA$0.53 in 1Q 2021). Revenue: CA$12.7b (up 81% from 1Q 2021). Net income: CA$1.17b (up 199% from 1Q 2021). Profit margin: 9.2% (up from 5.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 24%, compared to a 32% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Upcoming Dividend • Feb 23Upcoming dividend of CA$0.34 per shareEligible shareholders must have bought the stock before 02 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (3.6%). Lower than average of industry peers (4.2%).Reported Earnings • Feb 04Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CA$3.48 (up from CA$2.53 loss in FY 2020). Revenue: CA$37.6b (up 69% from FY 2020). Net income: CA$2.48b (up CA$4.34b from FY 2020). Profit margin: 6.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10.0%. Earnings per share (EPS) missed analyst estimates by 4.9%. Over the next year, revenue is expected to shrink by 1.6% compared to a 21% growth forecast for the oil industry in the US. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Upcoming Dividend • Nov 25Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 02 December 2021. Payment date: 01 January 2022. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (4.6%).Upcoming Dividend • Aug 26Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 02 September 2021. Payment date: 01 October 2021. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (5.1%).Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS CA$0.51 (vs CA$0.72 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$8.05b (up 120% from 2Q 2020). Net income: CA$366.0m (up CA$892.0m from 2Q 2020). Profit margin: 4.5% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Upcoming Dividend • May 26Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 01 July 2021. Trailing yield: 2.8%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (4.9%).株主還元IMOUS Oil and GasUS 市場7D-3.3%-2.0%1.2%1Y84.1%37.4%28.7%株主還元を見る業界別リターン: IMO過去 1 年間で37.4 % の収益を上げたUS Oil and Gas業界を上回りました。リターン対市場: IMO過去 1 年間で28.7 % の収益を上げたUS市場を上回りました。価格変動Is IMO's price volatile compared to industry and market?IMO volatilityIMO Average Weekly Movement3.7%Oil and Gas Industry Average Movement6.2%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%安定した株価: IMO 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: IMOの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト18805,000John Whelanwww.imperialoil.caインペリアル・オイル社はカナダで原油と天然ガスの探鉱、生産、販売を行っている。同社は3つのセグメントで事業を展開している：上流部門、下流部門、化学部門である。上流部門は原油、天然ガス、合成原油、ビチューメンの探鉱・生産を行っている。下流部門は、原油の輸送と精製、精製製品の混合、精製製品の流通・販売を行っている。また、製油所を所有・運営し、パイプライン、タンカー、鉄道、道路輸送により石油製品を市場に供給する流通システムを維持し、アルバータ州、マニトバ州、オンタリオ州で燃料ターミナル、天然ガス液化製品、製品パイプラインを所有・運営している；また、燃料、アスファルト、潤滑油などの石油製品を、産業・運輸顧客、独立系販売業者、再販業者、その他の精製業者、およびブランド化された燃料・潤滑油の再販業者を通じて農業、家庭用暖房、商業市場向けに販売している。化学部門は、脂肪族溶剤、可塑剤中間体、ポリエチレン樹脂を製造・販売し、精製グレードのプロピレンを販売している。石油化学製品も提供している。同社は1880年に設立され、カナダのカルガリーに本社を置く。エクソン モービル コーポレーションの子会社。もっと見るImperial Oil Limited 基礎のまとめImperial Oil の収益と売上を時価総額と比較するとどうか。IMO 基礎統計学時価総額US$62.60b収益（TTM）US$2.12b売上高(TTM)US$33.96b29.6xPER（株価収益率1.8xP/SレシオIMO は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計IMO 損益計算書（TTM）収益CA$46.87b売上原価CA$39.04b売上総利益CA$7.83bその他の費用CA$4.91b収益CA$2.92b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）6.04グロス・マージン16.71%純利益率6.23%有利子負債／自己資本比率15.2%IMO の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.9%現在の配当利回り52%配当性向IMO 配当は確実ですか？IMO 配当履歴とベンチマークを見るIMO 、いつまでに購入すれば配当金を受け取れますか？Imperial Oil 配当日配当落ち日Jun 04 2026配当支払日Jul 01 2026配当落ちまでの日数9 days配当支払日までの日数36 daysIMO 配当は確実ですか？IMO 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 09:15終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Imperial Oil Limited 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。31 アナリスト機関Harshit GuptaAccountability Research CorporationPatrick O'RourkeATB CormarkYim ChengBarclays28 その他のアナリストを表示
Reported Earnings • May 05First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: CA$1.94 (down from CA$2.53 in 1Q 2025). Revenue: CA$12.4b (flat on 1Q 2025). Net income: CA$940.0m (down 27% from 1Q 2025). Profit margin: 7.6% (down from 10% in 1Q 2025). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
お知らせ • May 03Imperial Oil Limited Declares Dividend for the Second Quarter of 2026, Payable on July 1, 2026Imperial Oil Limited declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on July 1, 2026, to shareholders of record at the close of business on June 4, 2026. This second quarter 2026 dividend compares with the first quarter 2026 dividend of 87 cents per share.
New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Apr 16Imperial Oil Limited to Report Q1, 2026 Results on May 01, 2026Imperial Oil Limited announced that they will report Q1, 2026 results Pre-Market on May 01, 2026
Upcoming Dividend • Feb 26Upcoming dividend of CA$0.87 per shareEligible shareholders must have bought the stock before 05 March 2026. Payment date: 01 April 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.5%).
Declared Dividend • Feb 04Fourth quarter dividend of CA$0.87 announcedShareholders will receive a dividend of CA$0.87. Ex-date: 5th March 2026 Payment date: 1st April 2026 Dividend yield will be 2.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 05First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: CA$1.94 (down from CA$2.53 in 1Q 2025). Revenue: CA$12.4b (flat on 1Q 2025). Net income: CA$940.0m (down 27% from 1Q 2025). Profit margin: 7.6% (down from 10% in 1Q 2025). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
お知らせ • May 03Imperial Oil Limited Declares Dividend for the Second Quarter of 2026, Payable on July 1, 2026Imperial Oil Limited declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on July 1, 2026, to shareholders of record at the close of business on June 4, 2026. This second quarter 2026 dividend compares with the first quarter 2026 dividend of 87 cents per share.
New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Apr 16Imperial Oil Limited to Report Q1, 2026 Results on May 01, 2026Imperial Oil Limited announced that they will report Q1, 2026 results Pre-Market on May 01, 2026
Upcoming Dividend • Feb 26Upcoming dividend of CA$0.87 per shareEligible shareholders must have bought the stock before 05 March 2026. Payment date: 01 April 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.5%).
Declared Dividend • Feb 04Fourth quarter dividend of CA$0.87 announcedShareholders will receive a dividend of CA$0.87. Ex-date: 5th March 2026 Payment date: 1st April 2026 Dividend yield will be 2.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 03Imperial Oil Limited, Annual General Meeting, May 04, 2026Imperial Oil Limited, Annual General Meeting, May 04, 2026.
Reported Earnings • Feb 01Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CA$6.50 (down from CA$9.05 in FY 2024). Revenue: CA$47.1b (down 8.6% from FY 2024). Net income: CA$3.27b (down 32% from FY 2024). Profit margin: 6.9% (down from 9.3% in FY 2024). The decrease in margin was driven by lower revenue. Combined production Oil equivalent production: 141.194 MMboe (135.415 MMboe in FY 2024) Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
お知らせ • Jan 30Imperial Oil Limited Declares Dividend for the First Quarter of 2026, Payable on April 1, 2026Imperial Oil Limited declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on April 1, 2026, to shareholders of record at the close of business on March 5, 2026. This first quarter 2026 dividend compares with the fourth quarter 2025 dividend of 72 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 31 consecutive years.
Board Change • Dec 29High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Director Tanya Bryja was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 16Imperial Oil Limited Provides Production Guidance for the Year 2026Imperial Oil Limited provides production guidance for the year 2026. In the Upstream, production is forecasted to be between 441,000 and 460,000 gross oil equivalent barrels per day. In the Downstream, throughput is forecasted between 395,000 and 405,000 barrels per day with capacity utilization between 91% and 93%.
お知らせ • Oct 31Imperial Oil Limited Declares Dividend for the Fourth Quarter of 2025 Payable on January 1, 2026Imperial Oil Limited declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on January 1, 2026, to shareholders of record at the close of business on December 3, 2025. This fourth quarter 2025 dividend compares with the third quarter 2025 dividend of 72 cents per share.
お知らせ • Sep 30Imperial Announces Restructuring to Further Advance Its Well-Established Strategy of Increasing Cash Flow and Delivering Industry-Leading Shareholder ReturnsImperial announced plans to further improve its industry-leading performance by centralizing additional corporate and technical activities in global business and technology centres, realizing substantial efficiency and effectiveness benefits from scale, integration and technology. The restructuring is consistent with Imperial’s strategy to maximize value, using technology and leveraging the company’s relationship with ExxonMobil. With data availability and processing capabilities growing at an accelerating pace, the changes are designed to fully leverage globally available expertise to maximize the benefits of current technology and accelerate the cost-effective deployment of new technologies that drive value and enhance financial resilience. Imperial corporate guidance for 2025 is unchanged and the company is well positioned to meet or beat its medium-term production and unit cost targets for Kearl and Cold Lake. Additionally, as a result of the restructuring, the company anticipates it will achieve a reduction in annual expenses of $150 million by 2028. Larger benefits are expected over the longer-term as more fully leveraging the global scale and expertise of its major shareholder, ExxonMobil, will enable Imperial to further enhance cash flow growth by driving productivity improvements across its operations including higher production, reduced downtime, lower unit operating costs as well as project planning and execution excellence. The restructuring will use a rigorous transition process and is expected to reduce employee roles by approximately 20% by the end of 2027. As part of this change, Imperial will further consolidate activities to its operating sites, enhancing collaboration, operational focus and execution excellence. As a result of these changes, the company expects to record a one-time restructuring charge of approximately $330 million before-tax in the third quarter of 2025. Throughout this transition, the company’s focus on safety and operational excellence will not change. Imperial remains committed to responsibly producing the energy and products Canadians rely on and supporting the communities where it operates.
お知らせ • Sep 17Imperial Oil Limited Announces Board ChangesImperial Oil Limited announced the appointment of Tanya Bryja to its board of directors effective September 16, 2025. Ms. Bryja is ExxonMobil’s Senior Vice President of Energy Products, based in Spring, Texas, where she leads the integrated, global energy products business, which includes fuels, aromatics, catalysts and technology licensing. She has more than 27 years of experience across a number of ExxonMobil downstream and corporate organizations, with assignments throughout the United States and in Belgium. Ms. Bryja received her Bachelor of Science degree in Chemical Engineering from Northwestern University in Evanston, Illinois in 1997 and began her career with ExxonMobil that same year. The company also announced the following updates to Imperial’s board of directors. David Cornhill, currently Lead Director, will be reaching the board’s mandatory age of retirement and has announced his intention to not stand for re-election at the 2026 annual meeting of shareholders. To facilitate an orderly transition of the Lead Director role, the company’s independent directors have selected current director Miranda Hubbs to succeed Mr. Cornhill as Lead Director effective October 1, 2025. Mr. Cornhill intends to continue to serve as an independent director until the 2026 annual meeting of shareholders.
Upcoming Dividend • Aug 28Upcoming dividend of CA$0.72 per shareEligible shareholders must have bought the stock before 04 September 2025. Payment date: 01 October 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.0%).
Declared Dividend • Aug 04Second quarter dividend of CA$0.72 announcedShareholders will receive a dividend of CA$0.72. Ex-date: 4th September 2025 Payment date: 1st October 2025 Dividend yield will be 2.6%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 2.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 03Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: CA$1.86 (down from CA$2.12 in 2Q 2024). Revenue: CA$11.2b (down 16% from 2Q 2024). Net income: CA$949.0m (down 16% from 2Q 2024). Profit margin: 8.4% (down from 8.5% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • Aug 01Imperial Oil Limited Declares Quarterly Dividend, Payable on October 1, 2025Imperial Oil Limited declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on October 1, 2025, to shareholders of record at the close of business on September 4, 2025. This third quarter 2025 dividend compares with the second quarter 2025 dividend of 72 cents per share.
Board Change • Jun 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman, President & CEO John Whelan was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • May 28Upcoming dividend of CA$0.72 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 01 July 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (4.2%).
Declared Dividend • May 05First quarter dividend of CA$0.72 announcedShareholders will receive a dividend of CA$0.72. Ex-date: 4th June 2025 Payment date: 1st July 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 04First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: CA$2.53 (up from CA$2.23 in 1Q 2024). Revenue: CA$12.5b (up 2.2% from 1Q 2024). Net income: CA$1.29b (up 7.8% from 1Q 2024). Profit margin: 10% (in line with 1Q 2024). Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year.
お知らせ • May 02Imperial Oil Limited Declares Quarterly Dividend, Payable on July 1, 2025Imperial Oil Limited declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on July 1, 2025, to shareholders of record at the close of business on June 4, 2025.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$60.22, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Oil and Gas industry in the US. Total returns to shareholders of 27% over the past three years.
お知らせ • Mar 01Imperial Oil Limited to Report Q4, 2025 Results on Jan 30, 2026Imperial Oil Limited announced that they will report Q4, 2025 results on Jan 30, 2026
Upcoming Dividend • Feb 26Upcoming dividend of CA$0.72 per shareEligible shareholders must have bought the stock before 05 March 2025. Payment date: 01 April 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.0%).
お知らせ • Feb 15+ 1 more updateImperial Oil Limited Announces CEO Changes, Effective May 8, 2025Imperial Oil Limited approved the appointment of J.R. (John) Whelan as president, effective April 1, 2025. Chairman, president and chief executive officer, B.W. (Brad) Corson, has declared his plans to retire from Imperial after 42 years of service and following an orderly transition. At the conclusion of the company’s annual meeting of shareholders on May 8, 2025, Mr. Whelan will assume the role of chairman, president and CEO of Imperial Oil Limited. Mr. Whelan, a native of St. John’s, Newfoundland and Labrador, holds a Bachelor of Engineering in Mechanical Engineering from Memorial University of Newfoundland. He began his career with ExxonMobil in 1988 in Drayton Valley, Alberta and has held various technical, project, operations, commercial and management positions in Canada, the United States and Norway. Mr. Whelan returned to Canada in 2013 and served as Imperial’s vice president of Upstream production. He was appointed Imperial’s senior vice president, Upstream in March 2017, leading the upstream organization through a period of record growth, including increased production and reliability at Kearl, the company’s oil sands mining operation. Mr. Whelan is currently ExxonMobil Upstream’s senior vice president, responsible for the company’s conventional and heavy oil global business line. In this role, Mr. Whelan leads global business units across the USA, Canada, Europe, Caspian, Middle East and Asia Pacific regions, successfully driving operational excellence with integrated strategy and portfolio development to deliver exceptional performance and continuous improvement across the full value chain. Mr. Corson was appointed chairman, president and chief executive officer of Imperial on January 1, 2020. A native of Woodstock, Illinois, Mr. Corson started his career with ExxonMobil in 1983 in New Orleans, Louisiana, and has held various technical, operations, commercial and managerial assignments around the world. Prior to his appointment to Imperial, he was vice president of Exxon Mobil Corporation responsible for overseeing ExxonMobil’s global upstream acquisition and divestment programs, including strategic acquisitions in the Permian Basin, Papua New Guinea, Mozambique and Brazil.
お知らせ • Feb 04Imperial Oil Limited, Annual General Meeting, May 08, 2025Imperial Oil Limited, Annual General Meeting, May 08, 2025.
Declared Dividend • Feb 03Fourth quarter dividend of CA$0.72 announcedShareholders will receive a dividend of CA$0.72. Ex-date: 5th March 2025 Payment date: 1st April 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 01Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: CA$9.05. Revenue: CA$51.5b (up 1.6% from FY 2023). Net income: CA$4.79b (down 2.0% from FY 2023). Profit margin: 9.3% (in line with FY 2023). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 3.2%. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Oil and Gas industry in the US.
お知らせ • Jan 31Imperial Oil Limited Declares First Quarter 2025 Dividend, Payable on April 1, 2025Imperial Oil Limited declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on April 1, 2025, to shareholders of record at the close of business on March 5, 2025. This first quarter 2025 dividend compares with the fourth quarter 2024 dividend of 60 cents per share.
お知らせ • Jan 10Sherri Evers, Currently Senior Vice President, Sustainability, Commercial Development and Product Solutions for Imperial to Become North America Lubes General Manager for Exxon Mobil Corporation, Effective March 1, 2025Imperial announced that Sherri Evers, currently Senior Vice President, Sustainability, Commercial Development and Product Solutions for Imperial, will become North America Lubes General Manager for Exxon Mobil Corporation, effective March 1, 2025. Ms. Evers holds a Bachelor of Commerce in Marketing and General Business from the University of Saskatchewan. She began her career with Imperial in 1998 in Edmonton, Alberta and held various assignments within the company’s downstream business. In 2012, Ms. Evers began a series of global assignments with Exxon Mobil Corporation related to product optimization, planning and supply network before returning to Canada as the Eastern Canada Fuels Manager for the Downstream in 2018. Ms. Evers was appointed Vice President, Commercial and Corporate Development in 2021 prior to appointment to her current role in 2023. An announcement on her replacement will be made at a future date.
お知らせ • Dec 25+ 2 more updatesImperial Oil Limited to Report Q2, 2025 Results on Aug 01, 2025Imperial Oil Limited announced that they will report Q2, 2025 results on Aug 01, 2025
お知らせ • Dec 13Imperial Oil Limited Provides Production Guidance for the Full Year 2025Imperial Oil Limited provided production guidance for the full year 2025. For the full year 2025, the company expects Upstream, production is forecasted to grow to between 433,000 and 456,000 gross oil equivalent barrels per day. In the Downstream, throughput is forecasted to be between 405,000 and 415,000 barrels per day with capacity utilization between 94% and 96%.
Upcoming Dividend • Nov 26Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 03 December 2024. Payment date: 01 January 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.8%).
Declared Dividend • Nov 04Third quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 3rd December 2024 Payment date: 1st January 2025 Dividend yield will be 2.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 01Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: CA$2.33 (down from CA$2.77 in 3Q 2023). Revenue: CA$13.3b (down 4.4% from 3Q 2023). Net income: CA$1.24b (down 23% from 3Q 2023). Profit margin: 9.3% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 24%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 28% per year.
お知らせ • Nov 01Imperial Oil Limited Declares Fourth Quarter 2024 Dividend , Payable January 1, 2025Imperial Oil Limited declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on January 1, 2025, to shareholders of record at the close of business on December 3, 2024. This fourth quarter 2024 dividend compares with the third quarter 2024 dividend of 60 cents per share.
お知らせ • Aug 06Imperial Oil Limited to Report Q4, 2024 Results on Jan 31, 2025Imperial Oil Limited announced that they will report Q4, 2024 results on Jan 31, 2025
Declared Dividend • Aug 05Second quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 4th September 2024 Payment date: 1st October 2024 Dividend yield will be 2.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 3.0% over the next 3 years. However, it would need to fall by 75% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 04Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: CA$2.11 (up from CA$1.16 in 2Q 2023). Revenue: CA$13.4b (up 14% from 2Q 2023). Net income: CA$1.13b (up 68% from 2Q 2023). Profit margin: 8.5% (up from 5.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 26%. Earnings per share (EPS) exceeded analyst estimates by 5.9%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 36% per year.
Upcoming Dividend • May 27Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (4.0%).
お知らせ • Apr 30Imperial Announces Management ChangesImperial announced the appointment of Cheryl Gomez-Smith as Senior Vice President, Upstream, effective May 1, 2024. Ms. Gomez-Smith, currently Director of Safety and Risk, ExxonMobil Global Operations and Sustainability, succeeds Simon Younger, who has been appointed Lead Country Manager and General Manager Australia Conventional, ExxonMobil Upstream. Mr. Younger, a native of Australia, holds a Bachelor of Engineering in Mechanical Engineering from the University of Tasmania, Australia. He began his career with Esso Australia, an ExxonMobil affiliate, in 1997 as a rotating equipment engineer supporting both offshore and onshore assets. Mr. Younger has held a variety of roles in Australia, the United States, Nigeria and Canada. In 2019, Mr. Younger moved to Calgary, Alberta to become Vice President, Production for Imperial and was appointed Imperial’s Senior Vice President, Upstream on June 1, 2020. Ms. Gomez-Smith earned a Bachelor of Engineering in Mechanical Engineering from the University of Notre Dame in the United States, and an MBA from Tulane University of Louisiana. She began her career in 1990 as a facilities engineer in Midland, Texas and has held various technical and leadership roles of increasing responsibility in the United States, Qatar, Russia and Kazakhstan, where she served as Lead Country Manager. Ms. Gomez-Smith is currently the Director of Safety and Risk in ExxonMobil’s Global Operations and Sustainability organization in Houston, Texas, where she provides strategic leadership and oversight for ExxonMobil personnel and process safety.
Declared Dividend • Apr 29First quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 3rd June 2024 Payment date: 1st July 2024 Dividend yield will be 2.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 28First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: CA$2.23. Revenue: CA$12.3b (up 1.9% from 1Q 2023). Net income: CA$1.20b (down 4.2% from 1Q 2023). Profit margin: 9.7% (in line with 1Q 2023). Revenue missed analyst estimates by 31%. Earnings per share (EPS) exceeded analyst estimates by 7.3%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Oil and Gas industry in the US.
お知らせ • Apr 27Imperial Oil Limited Declares Quarterly Dividend for the Second Quarter of 2024, Payable on July 1, 2024Imperial Oil Limited declared quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on July 1, 2024, to shareholders of record at the close of business on June 3, 2024. This second quarter 2024 dividend compares with the first quarter 2024 dividend of 60 cents per share.
Reported Earnings • Mar 05Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CA$8.51 (down from CA$11.47 in FY 2022). Revenue: CA$50.7b (down 15% from FY 2022). Net income: CA$4.89b (down 33% from FY 2022). Profit margin: 9.6% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Oil reserves Proven reserves: 2165 MMbbls Gas reserves Proven reserves: 61 Bcf Combined production Oil equivalent production: 131.522 MMboe (127.324 MMboe in FY 2022) Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 2.2%. Revenue is expected to decline by 14% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 01Imperial Oil Limited Announces Directorate ChangesM.R. (Matthew) Crocker has announced that he will not be standing for re-election as a director of Imperial Oil Limited at the April 30, 2024 annual meeting. Following the recommendation of the company’s nominations and corporate governance committee, on February 28, 2024, the board of directors nominated N.A. (Neil) Hansen as a nominee for director on the slate of nominees. Mr. Hansen is senior vice-president, energy products at ExxonMobil Product Solutions Company, a division of Exxon Mobil Corporation.
Upcoming Dividend • Feb 23Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 01 March 2024. Payment date: 01 April 2024. Trailing yield: 2.9%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (4.4%).
Declared Dividend • Feb 05Fourth quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 1st March 2024 Payment date: 1st April 2024 Dividend yield will be 3.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (23% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 03Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CA$8.51 (down from CA$11.47 in FY 2022). Revenue: CA$51.0b (down 14% from FY 2022). Net income: CA$4.89b (down 33% from FY 2022). Profit margin: 9.6% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 2.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 02Imperial Oil Limited Declares First Quarter 2024 Dividend, Payable on April 1, 2024Imperial Oil Limited declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on April 1, 2024, to shareholders of record at the close of business on March 4, 2024. This first quarter 2024 dividend compares with the fourth quarter 2023 dividend of 50 cents per share.
お知らせ • Jan 17+ 4 more updatesImperial Oil Limited to Report Q1, 2024 Results on Apr 26, 2024Imperial Oil Limited announced that they will report Q1, 2024 results on Apr 26, 2024
お知らせ • Dec 19Imperial Oil Limited Provides Production Guidance for the Full Year 2024Imperial Oil Limited provided production guidance for the full year 2024. For the full year 2024, the company expects Upstream production of 420,000 boe/d to 442,000 boe/d and Refinery throughput kbd of 385,000 - 400,000. Refinery utilization of 89% to 92%.
Upcoming Dividend • Nov 23Upcoming dividend of CA$0.50 per share at 2.6% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 01 January 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (4.5%).
Reported Earnings • Oct 29Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CA$2.77 (down from CA$3.25 in 3Q 2022). Revenue: CA$13.9b (down 7.6% from 3Q 2022). Net income: CA$1.60b (down 21% from 3Q 2022). Profit margin: 12% (down from 14% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 6.0%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 28+ 1 more updateImperial Oil Limited (TSX:IMO) announces an Equity Buyback for CAD 1,500 million worth of its shares.Imperial Oil Limited (TSX:IMO) announces a share repurchase program. Under the substantial issuer bid, the company will repurchase up to CAD 1,500 million worth of its shares. The shares repurchased will be cancelled. The bid is subject to obtaining the necessary exemptive relief under applicable securities laws in Canada and the United States. The offer will expire before the end on December 2023.
お知らせ • Oct 17Imperial Oil Limited to Report Q3, 2023 Results on Oct 27, 2023Imperial Oil Limited announced that they will report Q3, 2023 results on Oct 27, 2023
Upcoming Dividend • Aug 24Upcoming dividend of CA$0.50 per share at 2.7% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 01 October 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (4.4%).
お知らせ • Jul 29Imperial Oil Limited Declares Third Quarter 2023 Dividend, Payable on October 1, 2023Imperial Oil Limited declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payable on October 1,2023, to shareholders of record at the close of business on September 1, 2023. This third quarter 2023 dividend compares with the second quarter 2023 dividend of 50 cents per share.
Reported Earnings • Jul 29Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: CA$1.16 (down from CA$3.63 in 2Q 2022). Revenue: CA$11.8b (down 32% from 2Q 2022). Net income: CA$675.0m (down 72% from 2Q 2022). Profit margin: 5.7% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.3% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 18Imperial Oil Limited to Report Q2, 2023 Results on Jul 28, 2023Imperial Oil Limited announced that they will report Q2, 2023 results on Jul 28, 2023
Buying Opportunity • Jul 06Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.4%. The fair value is estimated to be US$63.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 102%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to decline by 39% in the next 2 years.
Upcoming Dividend • May 25Upcoming dividend of CA$0.50 per share at 3.1% yieldEligible shareholders must have bought the stock before 01 June 2023. Payment date: 01 July 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (4.8%).
Reported Earnings • Apr 29First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: CA$2.14 (up from CA$1.75 in 1Q 2022). Revenue: CA$12.1b (down 4.2% from 1Q 2022). Net income: CA$1.25b (up 6.4% from 1Q 2022). Profit margin: 10% (up from 9.3% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 11Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be US$62.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 89%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is forecast to decline by 14% per annum over the same time period.
Upcoming Dividend • Feb 23Upcoming dividend of CA$0.44 per share at 2.6% yieldEligible shareholders must have bought the stock before 02 March 2023. Payment date: 01 April 2023. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.7%).
Buying Opportunity • Feb 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be US$64.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 89%. Revenue is forecast to grow by 9.9% in 2 years. Earnings is forecast to decline by 33% in the next 2 years.
Reported Earnings • Feb 02Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CA$11.47 (up from CA$3.48 in FY 2021). Revenue: CA$59.7b (up 59% from FY 2021). Net income: CA$7.34b (up 196% from FY 2021). Profit margin: 12% (up from 6.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 6.2% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 01Imperial Oil Limited Declares Quarterly Dividend for the First Quarter 2023, Payable on April 1, 2023Imperial Oil Limited declared a quarterly dividend of 44 cents per share on the outstanding common shares of the company, payable on April 1, 2023, to shareholders of record at the close of business on March 3, 2023. This first quarter 2023 dividend compares with the fourth quarter 2022 dividend of 44 cents per share.
Upcoming Dividend • Nov 24Upcoming dividend of CA$0.44 per shareEligible shareholders must have bought the stock before 01 December 2022. Payment date: 01 January 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.0%).
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Non-Independent Director Matthew Crocker was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Non-Independent Director Matthew Crocker was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: CA$3.25 (up from CA$1.30 in 3Q 2021). Revenue: CA$15.2b (up 49% from 3Q 2021). Net income: CA$2.03b (up 124% from 3Q 2021). Profit margin: 13% (up from 8.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 14Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be US$58.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 0.4% in the next 2 years.
Board Change • Oct 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Non-Independent Director Matthew Crocker was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Aug 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be US$64.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 41% in 2 years. Earnings is forecast to grow by 6.2% in the next 2 years.
Upcoming Dividend • Aug 25Upcoming dividend of CA$0.34 per shareEligible shareholders must have bought the stock before 01 September 2022. Payment date: 01 October 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.1%). Lower than average of industry peers (4.4%).
Reported Earnings • Jul 29Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: CA$3.63 (up from CA$0.51 in 2Q 2021). Revenue: CA$17.3b (up 116% from 2Q 2021). Net income: CA$2.41b (up CA$2.04b from 2Q 2021). Profit margin: 14% (up from 4.6% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 38%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 14%, compared to a 25% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year.
Upcoming Dividend • May 25Upcoming dividend of CA$0.34 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.1%). Lower than average of industry peers (3.9%).
Recent Insider Transactions • May 11Insider recently sold US$1.0m worth of stockOn the 6th of May, Bruce Jolly sold around 20k shares on-market at roughly US$51.89 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.4m more than they bought in the last 12 months.
Buying Opportunity • May 05Now 20% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be US$65.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 49% in the next 2 years.
Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CA$1.75 (up from CA$0.53 in 1Q 2021). Revenue: CA$12.7b (up 81% from 1Q 2021). Net income: CA$1.17b (up 199% from 1Q 2021). Profit margin: 9.2% (up from 5.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 24%, compared to a 32% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Upcoming Dividend • Feb 23Upcoming dividend of CA$0.34 per shareEligible shareholders must have bought the stock before 02 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of American dividend payers (3.6%). Lower than average of industry peers (4.2%).
Reported Earnings • Feb 04Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CA$3.48 (up from CA$2.53 loss in FY 2020). Revenue: CA$37.6b (up 69% from FY 2020). Net income: CA$2.48b (up CA$4.34b from FY 2020). Profit margin: 6.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10.0%. Earnings per share (EPS) missed analyst estimates by 4.9%. Over the next year, revenue is expected to shrink by 1.6% compared to a 21% growth forecast for the oil industry in the US. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Upcoming Dividend • Nov 25Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 02 December 2021. Payment date: 01 January 2022. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (4.6%).
Upcoming Dividend • Aug 26Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 02 September 2021. Payment date: 01 October 2021. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (5.1%).
Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS CA$0.51 (vs CA$0.72 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$8.05b (up 120% from 2Q 2020). Net income: CA$366.0m (up CA$892.0m from 2Q 2020). Profit margin: 4.5% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • May 26Upcoming dividend of CA$0.27 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 01 July 2021. Trailing yield: 2.8%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (4.9%).
