Executive Summary
Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. More Details
Rewards
Risk Analysis
Dividend of 5.19% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Adequate balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Imperial Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IMO's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.7%
IMO
-1.2%
CA Oil and Gas
-0.9%
CA Market
1 Year Return
-48.9%
IMO
-33.6%
CA Oil and Gas
-4.2%
CA Market
Return vs Industry: IMO underperformed the Canadian Oil and Gas industry which returned -33.6% over the past year.
Return vs Market: IMO underperformed the Canadian Market which returned -4.2% over the past year.
Shareholder returns
| IMO | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | -1.2% | -0.9% |
| 30 Day | -3.4% | -4.3% | 1.2% |
| 90 Day | -24.5% | -12.2% | 1.4% |
| 1 Year | -47.1%-48.9% | -29.9%-33.6% | -0.7%-4.2% |
| 3 Year | -53.8%-57.1% | -34.6%-42.7% | 6.6%-3.8% |
| 5 Year | -57.0%-61.3% | -28.9%-41.3% | 34.2%13.5% |
Price Volatility Vs. Market
How volatile is Imperial Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
If You Had Bought Imperial Oil's (TSE:IMO) Shares Five Years Ago You Would Be Down 66%1 month ago | Simply Wall St
Don't Buy Imperial Oil Limited (TSE:IMO) For Its Next Dividend Without Doing These Checks2 months ago | Simply Wall St
Health Check: How Prudently Does Imperial Oil (TSE:IMO) Use Debt?Valuation
Is Imperial Oil undervalued compared to its fair value and its price relative to the market?
0.54x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: IMO (CA$16.97) is trading above our estimate of fair value (CA$9.35)
Significantly Below Fair Value: IMO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IMO is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: IMO is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IMO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IMO is good value based on its PB Ratio (0.5x) compared to the CA Oil and Gas industry average (0.8x).
Next Steps
Future Growth
How is Imperial Oil forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
153.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: IMO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IMO's is expected to become profitable in the next 3 years.
Revenue vs Market: IMO's revenue (7.9% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: IMO's revenue (7.9% 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 (1.5%).
Next Steps
Past Performance
How has Imperial Oil performed over the past 5 years?
5.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMO is currently unprofitable.
Growing Profit Margin: IMO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IMO is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% per year.
Accelerating Growth: Unable to compare IMO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IMO is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.9%).
Return on Equity
High ROE: IMO has a negative Return on Equity (-0.082%), as it is currently unprofitable.
Next Steps
Financial Health
How is Imperial Oil's financial position?
Financial Position Analysis
Short Term Liabilities: IMO's short term assets (CA$4.1B) exceed its short term liabilities (CA$3.4B).
Long Term Liabilities: IMO's short term assets (CA$4.1B) do not cover its long term liabilities (CA$13.2B).
Debt to Equity History and Analysis
Debt Level: IMO's debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: IMO's debt to equity ratio has reduced from 34.3% to 20.4% over the past 5 years.
Debt Coverage: IMO's debt is well covered by operating cash flow (42.9%).
Interest Coverage: Insufficient data to determine if IMO's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Imperial Oil current dividend yield, its reliability and sustainability?
5.19%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IMO's dividend (5.19%) is higher than the bottom 25% of dividend payers in the Canadian market (1.69%).
High Dividend: IMO's dividend (5.19%) is low compared to the top 25% of dividend payers in the Canadian market (5.78%).
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: IMO is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: IMO's dividends in 3 years are not forecast to be well covered by earnings (147% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Brad Corson (58 yo)
0.75
Tenure
CA$3,961,913
Compensation
Mr. Bradley William Corson, also known as Brad, BS, serves as Chairman & CEO at Imperial Oil Limited from January 1, 2020. He serves as President and Director at Imperial Oil Limited since September 17, 20 ...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD3.02M) is about average for companies of similar size in the Canadian market ($USD4.00M).
Compensation vs Earnings: Insufficient data to compare Brad's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 0.75yr | CA$3.96m | no data | |
| Senior VP of Finance & Administration | 2.42yrs | CA$1.95m | no data | |
| Senior Vice President of Commercial & Corporate Development | 3.75yrs | CA$1.37m | 0.00046% CA$ 55.7k | |
| Manager of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Corporate Secretary | 0.25yr | no data | 0.00054% CA$ 65.4k | |
| Vice-President of Human Resources | 7.75yrs | no data | 0.0036% CA$ 437.3k | |
| Senior Vice President of Upstream | 0.33yr | no data | no data | |
| Treasurer | no data | no data | 0.00036% CA$ 43.6k | |
| Assistant Secretary | no data | no data | no data | |
| Assistant Corporate Secretary | 15.75yrs | no data | no data |
2.4yrs
Average Tenure
57yo
Average Age
Experienced Management: IMO's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 0.75yr | CA$3.96m | no data | |
| Independent Nonemployee Director | 10.5yrs | CA$241.95k | 0.0075% CA$ 907.2k | |
| Independent Nonemployee Director | 15.5yrs | CA$244.20k | 0.00014% CA$ 17.0k | |
| Independent Nonemployee Director | 12.42yrs | CA$247.80k | no data | |
| Independent Nonemployee Director | 2.92yrs | CA$212.85k | 0.0017% CA$ 205.9k | |
| Independent Nonemployee Director | 2.25yrs | CA$211.29k | no data | |
| Non-Independent Director | 1.92yrs | no data | no data |
2.9yrs
Average Tenure
66yo
Average Age
Experienced Board: IMO's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 company bio, 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
- Market Cap: CA$12.112b
- Shares outstanding: 734.08m
- Website: https://www.imperialoil.ca
Number of Employees
Location
- Imperial Oil Limited
- 505 Quarry Park Boulevard S.E.
- Calgary
- Alberta
- T2C 5N1
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IMO | AMEX (NYSE MKT LLC) | Yes | Common Shares | US | USD | Jan 1976 |
| IMO | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jan 1976 |
| IMP | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 1976 |
Biography
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 pro ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/21 00:30 |
| End of Day Share Price | 2020/10/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.