Imperial Oil Q4 Profit Soars, Tops Estimates; Declares Dividend

RTTNews | 885 days ago
Stocktwits
Imperial Oil Q4 Profit Soars, Tops Estimates; Declares Dividend

(RTTNews) - Imperial Oil Ltd. (IMO, IMO.TO) reported on Tuesday that fourth-quarter net income soared to C$1.73 billion or C$2.86 per share from C$813 million or C$1.18 per share in the prior-year quarter.

Total revenues and other income for the quarter increased to C$14.45 billion from C$12.31 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of C$2.56 per share on revenues of C$15.92 billion for the quarter. Analysts' estimates typically exclude special items.

The company's production averaged 441,000 gross oil-equivalent barrels per day in the quarter, down from 445,000 barrels per day in the same period last year.

Separately, the company declared a quarterly dividend of 44 cents per share on the outstanding common shares of the company, payable on April 1, 2023, to shareholders of record at the close of business on March 3, 2023.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: IMO IMO.TO
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Imperial Oil Q3 Profit Soars; Boosts Dividend 29%

Imperial Oil Q3 Profit Soars; Boosts Dividend 29%

Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that third-quarter net income soared to C$2.03 billion or C$3.24 per share from C$908 million or C$1.29 per share in the prior-year quarter.
RTTNews | 980 days ago
Imperial Oil Q2 Profit Soars

Imperial Oil Q2 Profit Soars

Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that second-quarter net income soared to C$2.41 billion or C$3.63 per share from C$366 million or C$0.50 per share in the prior-year quarter.
RTTNews | 1071 days ago
DAX Down Over 0.5% Amid Trade Deals Uncertainty

DAX Down Over 0.5% Amid Trade Deals Uncertainty

German stocks are down in negative territory on Friday, weighed down by data showing a sharp drop in factory orders, and uncertainty over U.S. trade deals ahead of the July 9 deadline.
RTTNews | 4 minutes ago
UK Car Sales Expand On Strong Electric Car Demand: SMMT

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UK car sales expanded for the second straight month and marked the best June since 2019 with strong growth in battery electric car demand, data from the Society of Motor Manufacturers & Traders showed on Friday. New car market grew 6.7 percent from a year ago to 191,316 units in June. This was the best June since 2019, helping lift first half performance 3.5 percent above the same period last yea
RTTNews | 1h 34min ago
Antipodean Currencies Slide As European Shares Traded Lower

Antipodean Currencies Slide As European Shares Traded Lower

The Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as European stocks traded lower, with trading volumes likely to remain thin amid the Independence Day holiday in the United States.
RTTNews | 1h 36min ago
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