TSX:IMOOil and Gas
Imperial Oil Balances Record Output Renewable Diesel And Rising Investor Rewards
Imperial Oil (TSX:IMO) reported its highest annual production in more than 30 years.
The company began production at its Strathcona renewable diesel facility.
Imperial Oil implemented substantial capital returns, including a record dividend increase.
These steps came alongside operational issues such as an accelerated shutdown at Norman Wells and large one time charges.
For you as an investor, this mix of record output and new renewable diesel production puts Imperial Oil (TSX:IMO) at the...