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

Imperial Oil to market Norman Wells assets

Imperial has announced its intention to market its interests in the Norman Wells operation in the Northwest Territories. A definitive decision to sell the assets has not been made. Imperial recognizes the significance of this marketing effort and potential sale for people in the area and is in dial... Monday, September 12, 2016

Imperial Oil returns to normal operations at Kearl

Imperial today announced the safe return to normal operations at the Kearl oil sands site. The company will continue to closely monitor developments with the fires in the Regional Municipality of Wood Buffalo. The safety of our employees remains our top priority. Kearl's physical plant was not dama... Monday, June 6, 2016

Imperial Oil restarts limited operations at Kearl oil sands site

Imperial today confirmed it has restarted limited operations at its Kearl oil sands site. Recognizing the uncertainty of the fire situation in the Regional Municipality of Wood Buffalo, full restoration of operations will depend on a number of factors. Imperial's first priority continues to be the ... Friday, May 20, 2016

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

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