Imperial Oil Ltd
Imperial Oil Ltd (IMO) is a Canadian integrated oil and gas company operating across upstream production (including oil sands), refining, chemicals and retail fuel marketing under the Esso/Imperial brand. The company’s performance is closely linked to global crude prices, refining margins and domestic policy such as carbon pricing. Its integrated model can provide diversification across the value chain, but the business remains capital intensive and exposed to commodity volatility, operational risks and evolving energy transition requirements. Investors commonly focus on cash flow, dividend history and capital expenditure plans when assessing Imperial Oil, while also monitoring regulatory and sustainability developments. Market capitalisation is approximately $42.37 billion based on the provided data. This summary is for general, educational purposes only and is not personalised investment advice; suitability depends on your individual circumstances and you should consult a regulated financial adviser before making decisions.
Why It's Moving
Imperial Oil Charts Ambitious 2026 Growth Path with Higher Production and Targeted Investments.
Imperial Oil unveiled its 2026 corporate guidance on December 15, forecasting upstream production of 441,000-460,000 boe/d driven by reliability gains at Kearl and Cold Lake, alongside $2-2.2 billion in capital spending to boost long-term profitability. This outlook underscores the company's focus on operational efficiency and shareholder returns amid a strong 2025 performance with 53% YTD gains.
- Production targets ramp up to 285,000-295,000 bbl/d at Kearl and 152,000-160,000 bbl/d at Cold Lake, signaling enhanced reliability and growth momentum.
- Capital expenditures of C$2-C$2.2 billion prioritize high-value projects like secondary bitumen recovery and infill drilling for sustained profitability.
- Robust 16% return on invested capital highlights effective allocation, positioning Imperial for industry-leading shareholder value.
Imperial Oil Charts Ambitious 2026 Growth Path with Higher Production and Targeted Investments.
Imperial Oil unveiled its 2026 corporate guidance on December 15, forecasting upstream production of 441,000-460,000 boe/d driven by reliability gains at Kearl and Cold Lake, alongside $2-2.2 billion in capital spending to boost long-term profitability. This outlook underscores the company's focus on operational efficiency and shareholder returns amid a strong 2025 performance with 53% YTD gains.
- Production targets ramp up to 285,000-295,000 bbl/d at Kearl and 152,000-160,000 bbl/d at Cold Lake, signaling enhanced reliability and growth momentum.
- Capital expenditures of C$2-C$2.2 billion prioritize high-value projects like secondary bitumen recovery and infill drilling for sustained profitability.
- Robust 16% return on invested capital highlights effective allocation, positioning Imperial for industry-leading shareholder value.
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding Imperial Oil's stock, indicating no strong expectations for price movement.
Financial Health
Imperial Oil is performing well with strong profits, cash flow, and revenue generation.
Dividend
Imperial Oil's dividend yield of 2.38% offers a modest return for dividend-seeking investors. If you invested $1000 you would be paid $23.80 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring IMO
Oil Price Shift Overview: OPEC+ Production Strategy
OPEC+'s decision to increase oil production is set to lower global prices, pressuring U.S. shale producers while defending its own market share. This scenario creates a potential investment opportunity in fuel-dependent sectors like transportation and manufacturing that stand to gain from reduced energy costs.
Published: September 9, 2025
Explore BasketCanada Domestic Champions Explained | Trade War Shield
Recent U.S. tariffs have caused a contraction in Canada's export-driven economy, creating a unique investment opportunity. This theme focuses on Canadian companies that serve the domestic market and are insulated from international trade disputes.
Published: August 30, 2025
Explore BasketNorth American Trade Normalization
Canada has lifted retaliatory tariffs on a wide range of U.S. products, a significant step toward normalizing trade relations. This creates a favorable investment landscape for American companies in sectors like apparel and consumer goods that export to Canada.
Published: August 24, 2025
Explore BasketRefining a New Opportunity: Venezuelan Crude Returns
Following a renewed U.S. license, Chevron has resumed oil shipments from Venezuela, creating a new supply of heavy crude for the market. This development presents a potential investment opportunity in U.S. refiners and logistics firms positioned to benefit from this strategic shift.
Published: August 18, 2025
Explore BasketVenezuelan Oil's Return to U.S. Refiners
Chevron has resumed shipping crude oil from Venezuela to the U.S., marking a significant policy shift and restoring a key supply chain. This creates a potential investment opportunity in U.S. refiners and energy logistics companies that are set to benefit from the influx of desirable heavy crude.
Published: August 17, 2025
Explore BasketIndigenous Equity In Canadian Energy
Cenovus Energy is pursuing a joint acquisition of MEG Energy in partnership with a coalition of Canadian Indigenous groups. This potential deal signals a new era of Indigenous co-ownership in the energy sector, creating opportunities for companies that support these evolving large-scale projects.
Published: August 13, 2025
Explore BasketCanada's New Energy Alliance
Cenovus Energy is partnering with Canadian Indigenous groups to acquire a stake in MEG Energy, signaling a new collaborative approach to resource development. This could create opportunities for companies integral to the Canadian oil sands infrastructure and operations.
Published: August 13, 2025
Explore BasketEnergy Markets On Edge: The Tariff Threat
President Trump's ultimatum to Russia, threatening tariffs on buyers of its oil, has sent shockwaves through energy markets. This creates a potential investment opportunity in non-Russian oil and gas companies poised to benefit from supply disruptions and higher prices.
Published: July 30, 2025
Explore BasketEnergy Consolidation Wave: The Supermajor Acquisition Catalyst
This carefully selected group of stocks represents companies positioned to benefit from the energy sector consolidation triggered by Chevron's $53 billion Hess acquisition. Our expert analysts have identified these opportunities across the energy value chain as potential targets or beneficiaries of this industry-transforming trend.
Published: July 21, 2025
Explore BasketUK Refinery Disruption
The shutdown of a major UK refinery has created an urgent need for fuel imports. Our analysts have carefully selected companies positioned to benefit from this supply gap, including European refiners and tanker operators ready to meet the increased demand.
Published: July 3, 2025
Explore BasketOil's Ascent
WTI crude oil prices have climbed to their highest levels since April, creating promising opportunities in the energy sector. These carefully selected stocks are positioned to benefit directly from sustained higher oil prices, giving you access to potential growth in this important market.
Published: July 1, 2025
Explore BasketEconomic Diversification Champions
Invest in the ambitious transformation of Gulf nations moving beyond oil dependency. These carefully selected companies are at the forefront of building new economic pillars in technology, finance, and infrastructure, backed by massive government investment programs.
Published: June 17, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Oil-price sensitivity
Company results often move with crude prices and refining margins; this can create opportunity but also volatility, so outcomes may vary.
Energy transition impact
Carbon pricing and net-zero policy shape costs and strategy; emissions management may create both short-term costs and long-term strategic options.
Integrated operations
A mix of upstream, refining and retail can provide resilience across cycles, but the business remains capital intensive and operationally complex.
Compare Imperial Oil with other stocks
Valero vs Imperial Oil
Valero vs Imperial Oil
Suncor vs Imperial Oil
Suncor vs Imperial Oil: a comparison
Baker Hughes vs Imperial Oil
Baker Hughes vs Imperial Oil
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
BP p.l.c.
BP p.l.c. is a global energy company that provides energy products and services.
Canadian Natural Resources Limited
Explores, produces, markets, and distributes oil and natural gas.
Antero Resources Corporation
Antero Resources Corporation is an independent oil and natural gas company engaged in the acquisition, exploration, and development of natural gas, natural gas liquids, and oil properties in the United States.
