Imperial Oil

Description

Imperial Oil has been a major contributor to the growth of the petroleum industry and to Canada's economic and social development for more than 120 years. Today the company is well positioned to participate in some of the industry's most promising growth developments.

Imperial's landmark discovery at Leduc, AB, was instrumental in the creation of the modern Canadian petroleum industry. The company also pioneered development of the oil sands of Alberta, both through its leadership role in the creation of Syncrude and development of large-scale in-situ bitumen recovery at Cold Lake.

Through such initiatives, Imperial has grown to become one of the largest producers of crude oil in Canada and a major producer of natural gas, as well as the largest refiner and marketer of petroleum products and a significant presence in the petrochemical industry.

The company currently produces about six percent of total Canadian primary energy supply.

The majority shareholder is Exxon Mobil Corporation, which holds 69.6 per cent of Imperial's shares.

The company's stock trading symbol is IMO. The company's shares are listed on the Toronto Stock Exchange and admitted to unlisted trading on the American Stock Exchange.


Latest Imperial Oil News

Mechanical issue impacts Kearl production

Imperial Oil confirm a precautionary shutdown of its Kearl operations due to the early detection of a vibration issue with the plant's ore-crusher unit. Replacement parts, to address the issue, are being installed and production is expected to resume in the next several weeks. The Kearl initial... Tuesday, November 11, 2014

Imperial announces estimated third quarter financial and operating results

Third quarter Nine months (millions of dollars, unless noted) 2014 2013 % 2014 2013 % Net income (U.S. GAAP) 936 647 45 3,114 1,772 76 Net income per common share - assuming dilution (dollars) 1.10 0.76 45 3.66 2.08 76 ... Monday, November 3, 2014

Imperial Oil successfully completes Kearl turnaround

Imperial Oil Limited today announced the completion of a major planned maintenance turnaround at its Kearl facilities. "We would like to wholeheartedly congratulate and thank our contractors and employees for completing this major turnaround without a lost-time safety incident," said John... Wednesday, October 1, 2014

Imperial announces estimated second quarter financial and operating results

Second quarter Six months (millions of dollars, unless noted) 2014 2013 % 2014 2013 % Net income (U.S. GAAP) 1,232 327 277 2,178 1,125 94 Net income per common share - assuming dilution (do... Friday, August 1, 2014

Top 100 Canadian Oil & Gas Companies

CanOils is pleased to announce the release of its new free report, Canada’s Top 100 Oil & Gas Companies, which has been compiled using Q1 2014 oil and gas production results from all TSX and TSX-V listed Canadian oil and gas companies in the CanOils database. The full report can be downloaded ... Wednesday, June 11, 2014

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