secwatch.observer — SEC 8-K summary
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Issuer:     IMPERIAL OIL LTD (IMO)
CIK:        0000049938
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000049938-23-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Imperial Oil Q1 net income $1.248B ($2.13/sh), up 6% YoY; dividend raised 14%
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- Net income $1,248M, diluted EPS $2.13 vs $1.75 YoY; cash from ops (ex-working cap) $1,554M.
- Record Kearl Q1 gross production 259,000 bbl/d (Imperial share 184,000); total upstream 413,000 boe/d.
- Q2 dividend increased 14% to $0.50/share from $0.44; $266M returned to shareholders in Q1.
- Downstream throughput 417,000 bbl/d, capacity utilization 96%; petroleum product sales 455,000 bbl/d.
- Capital expenditures $429M (+45% YoY); Pathways Alliance CCS enters design stage; 400 km CO2 pipeline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49938/000004993823000030/0000049938-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49938/000004993823000030/imo-20230428.htm
  HTML page:      https://secwatch.observer/filing/0000049938-23-000030

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