Cameco vs Imperial Oil

This page compares Cameco and Imperial Oil, examining their business models, financial performance, and market context to help readers understand how the two energy companies operate within the industry. The comparison uses neutral language and accessible explanations for a general audience. Educational content, not financial advice.

This page compares Cameco and Imperial Oil, examining their business models, financial performance, and market context to help readers understand how the two energy companies operate within the indust...

Comparison Snapshot

Key Financial Metrics

CCJ

Metric

IMO

$38.71B

Market Cap

$57.98B

3.61%

Potential Profit

-56.23%

Buy

Analyst Rating

Hold

Why It's Moving

Cameco Dips After Q4 Earnings and 2026 Outlook Spark Mixed Reactions

Q4 2025 earnings drove a more than 3% stock drop, with shares closing at $112.90 on February 13, underperforming broader market gains as traders weighed the implications.
Full-year 2025 revenue hit $3.482 billion alongside $590 million in net earnings, fueled by uranium sales, fuel services, and Westinghouse equity gains that bolster long-term nuclear energy positioning.
2026 guidance reflects cautious demand forecasts from analysts like Stifel Canada, trimming EPS estimates and amplifying focus on committed 230 million pounds of long-term uranium contracts.

Sentiment:

⚖️Neutral

IMO Stock Warning: Analysts Flag -55% Downside Risk Amid Profit-Taking Pullback

Profit-taking hit after strong 11.2% weekly rally from February 2-9, signaling overextension and inviting analyst scrutiny on sustainability.
TSE: IMO closed at 163.06, up 2.88% on February 13 with solid volume of 341,741 shares, yet pulling back amid sector headwinds.
Energy peers face macro oil volatility, amplifying downside risks as analysts highlight potential 55% drop tied to weakening demand signals.

Sentiment:

🐻Bearish

Cameco Dips After Q4 Earnings and 2026 Outlook Spark Mixed Reactions

Q4 2025 earnings drove a more than 3% stock drop, with shares closing at $112.90 on February 13, underperforming broader market gains as traders weighed the implications.
Full-year 2025 revenue hit $3.482 billion alongside $590 million in net earnings, fueled by uranium sales, fuel services, and Westinghouse equity gains that bolster long-term nuclear energy positioning.
2026 guidance reflects cautious demand forecasts from analysts like Stifel Canada, trimming EPS estimates and amplifying focus on committed 230 million pounds of long-term uranium contracts.

Sentiment:

⚖️Neutral

IMO Stock Warning: Analysts Flag -55% Downside Risk Amid Profit-Taking Pullback

Profit-taking hit after strong 11.2% weekly rally from February 2-9, signaling overextension and inviting analyst scrutiny on sustainability.
TSE: IMO closed at 163.06, up 2.88% on February 13 with solid volume of 341,741 shares, yet pulling back amid sector headwinds.
Energy peers face macro oil volatility, amplifying downside risks as analysts highlight potential 55% drop tied to weakening demand signals.

Sentiment:

🐻Bearish

Investment Analysis

Cameco

CCJ

Pros

Cameco has strong financial performance in 2025 with resilience driven by uranium mining, fuel services, and Westinghouse nuclear segments.
The company benefits from disciplined long-term contracting and strategic partnerships that add future value in the expanding nuclear sector.
Analysts have a strong buy consensus with an average price target suggesting over 20% stock price appreciation within the next year.

Considerations

Current price forecasts indicate potential near-term price declines around 13-17% before any upside, showing notable volatility.
Cameco's high price-to-earnings ratio suggests the stock is valued richly compared to energy peers, potentially limiting further upside.
The stock exhibits relatively high volatility and a neutral market sentiment amid prevailing sector uncertainties.

Imperial Oil

IMO

Pros

Imperial Oil is part of the stable Canadian energy sector and has helped limit broader market declines recently.
The company has a substantial market capitalization providing financial strength and operational scale in oil and gas.
Imperial Oil's business benefits from ongoing demand for hydrocarbons and efforts to improve operational efficiency.

Considerations

Imperial Oil’s valuation, with a below-14 PE ratio, reflects limited growth expectations relative to nuclear and other energy firms.
Its performance is sensitive to oil price fluctuations and regulatory risks related to environmental policies.
As a traditional oil and gas company, Imperial Oil faces headwinds from the global energy transition and evolving market dynamics.

Related Market Insights

Nuclear Power's Funding Gambit: Why SMRs Could Reshape Energy Investing

Rolls-Royce SMR funding signals a nuclear energy investment boom. Explore opportunities across the uranium supply chain, from mining to advanced reactors, with Nemo.