| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
IMO Stock Overview
Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada.
Imperial Oil Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$50.60 |
| 52 Week High | CA$52.95 |
| 52 Week Low | CA$24.01 |
| Beta | 2.13 |
| 1 Month Change | 12.35% |
| 3 Month Change | 13.25% |
| 1 Year Change | 97.58% |
| 3 Year Change | 36.79% |
| 5 Year Change | 16.22% |
| Change since IPO | 604.68% |
Recent News & Updates
We Think Imperial Oil (TSE:IMO) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Imperial Oil Limited's (TSE:IMO) Intrinsic Value Is Potentially 37% Above Its Share Price
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Imperial Oil Limited...
Investors Will Want Imperial Oil's (TSE:IMO) Growth In ROCE To Persist
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Imperial Oil (TSE:IMO) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Shareholder Returns
| IMO | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -0.7% | -3.1% | -2.9% |
| 1Y | 97.6% | 51.8% | 15.9% |
Return vs Industry: IMO exceeded the Canadian Oil and Gas industry which returned 51.8% over the past year.
Return vs Market: IMO exceeded the Canadian Market which returned 15.9% over the past year.
Price Volatility
| IMO volatility | |
|---|---|
| IMO Average Weekly Movement | 4.9% |
| Oil and Gas Industry Average Movement | 9.8% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: IMO is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IMO's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1880 | 5,800 | Brad Corson | https://www.imperialoil.ca |
Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. It operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen.
Imperial Oil Fundamentals Summary
| IMO fundamental statistics | |
|---|---|
| Market Cap | CA$35.05b |
| Earnings (TTM) | CA$520.00m |
| Revenue (TTM) | CA$31.23b |
67.4x
P/E Ratio1.1x
P/S RatioIs IMO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IMO income statement (TTM) | |
|---|---|
| Revenue | CA$31.23b |
| Cost of Revenue | CA$26.24b |
| Gross Profit | CA$4.99b |
| Expenses | CA$4.47b |
| Earnings | CA$520.00m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 01, 2022
| Earnings per share (EPS) | 0.75 |
| Gross Margin | 15.99% |
| Net Profit Margin | 1.67% |
| Debt/Equity Ratio | 21.5% |
How did IMO perform over the long term?
See historical performance and comparisonDividends
2.1%
Current Dividend Yield136%
Payout RatioValuation
Is Imperial Oil undervalued compared to its fair value and its price relative to the market?
30.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IMO (CA$50.6) is trading below our estimate of fair value (CA$72.39)
Significantly Below Fair Value: IMO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IMO is poor value based on its PE Ratio (67.4x) compared to the Canadian Oil and Gas industry average (7.9x).
PE vs Market: IMO is poor value based on its PE Ratio (67.4x) compared to the Canadian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: IMO is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: IMO is good value based on its PB Ratio (1.7x) compared to the CA Oil and Gas industry average (2.1x).
Future Growth
How is Imperial Oil forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
42.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMO's forecast earnings growth (42% per year) is above the savings rate (1.6%).
Earnings vs Market: IMO's earnings (42% per year) are forecast to grow faster than the Canadian market (10.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IMO's revenue (10.6% per year) is forecast to grow faster than the Canadian market (5.6% per year).
High Growth Revenue: IMO's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IMO's Return on Equity is forecast to be low in 3 years time (12.9%).
Past Performance
How has Imperial Oil performed over the past 5 years?
-31.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMO has a large one-off loss of CA$1.5B impacting its September 30 2021 financial results.
Growing Profit Margin: IMO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: IMO's earnings have declined by 31.9% per year over the past 5 years.
Accelerating Growth: IMO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IMO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (159%).
Return on Equity
High ROE: IMO's Return on Equity (2.5%) is considered low.
Financial Health
How is Imperial Oil's financial position?
Financial Position Analysis
Short Term Liabilities: IMO's short term assets (CA$7.9B) exceed its short term liabilities (CA$5.9B).
Long Term Liabilities: IMO's short term assets (CA$7.9B) do not cover its long term liabilities (CA$13.7B).
Debt to Equity History and Analysis
Debt Level: IMO's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: IMO's debt to equity ratio has reduced from 27.8% to 21.5% over the past 5 years.
Debt Coverage: IMO's debt is well covered by operating cash flow (91%).
Interest Coverage: IMO's interest payments on its debt are well covered by EBIT (147.3x coverage).
Balance Sheet
Dividend
What is Imperial Oil current dividend yield, its reliability and sustainability?
2.13%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IMO's dividend (2.13%) is higher than the bottom 25% of dividend payers in the Canadian market (1.61%).
High Dividend: IMO's dividend (2.13%) is low compared to the top 25% of dividend payers in the Canadian market (4.79%).
Stability and Growth of Payments
Stable Dividend: IMO's dividends per share have been stable in the past 10 years.
Growing Dividend: IMO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (136.3%), IMO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IMO's dividends in 3 years are forecast to be well covered by earnings (19.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Brad Corson (59 yo)
2.33yrs
Tenure
CA$4,499,800
Compensation
Mr. Bradley William Corson, also known as Brad, BS, has been Chairman & Chief Executive Officer at Imperial Oil Limited from January 1, 2020 and its President and Director since September 17, 2019. He had...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD3.59M) is below average for companies of similar size in the Canadian market ($USD5.93M).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IMO's management team is considered experienced (2 years average tenure).
Board Members
Experienced Board: IMO's board of directors are considered experienced (4.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IMO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Imperial Oil Limited's employee growth, exchange listings and data sources
Key Information
- Name: Imperial Oil Limited
- Ticker: IMO
- Exchange: TSX
- Founded: 1880
- Industry: Integrated Oil and Gas
- Sector: Energy
- Implied Market Cap: CA$35.054b
- Shares outstanding: 692.76m
- Website: https://www.imperialoil.ca
Number of Employees
Location
- Imperial Oil Limited
- 505 Quarry Park Boulevard S.E.
- Calgary
- Alberta
- T2C 5N1
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 23:14 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.