Imperial Q3 net income $1,601M ($2.76 EPS); record Kearl output; plans $1.5B buyback

IMPERIAL OIL LTD

2023-Q3 EPS reported $6.04 revenue$37,860,000,000

Q3 net income $1,601M vs $2,031M in Q3 2022; diluted EPS $2.76 vs $3.24.
Kearl total gross production record 295,000 bpd; all 81 haul trucks converted to autonomous.
Cash flow from ops $2,359M; returned $1,634M to shareholders ($292M dividends + $1,342M buybacks).
Completed NCIB program in Oct; announced $1.5B substantial issuer bid to repurchase shares.
Cold Lake GRP1 project on track for year-end start-up; Q4 dividend unchanged at $0.50/share.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

IMPERIAL OIL LTD reported the fiscal quarter ended September 30, 2023 results: net income Net income of $1,601 million, EPS $2.76 per share on a diluted basis.

Period: the fiscal quarter ended September 30, 2023
Net income: Net income of $1,601 million
EPS: $2.76 per share on a diluted basis
Result: reported results

Exact text from the filing

On October 27, 2023, Imperial Oil Limited (the "company" or “Imperial”) by means of a press release disclosed information relating to the company's financial condition and results of operations for the fiscal quarter ended September 30, 2023.

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9 earnings releases filed in the last 30 days. Browse all earnings releases →

IMPERIAL OIL LTD filing history →

Source: SEC EDGAR

accession 0000049938-23-000069

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