---
schema_version: "secwatch.filing_event.v1"
accession: "0000049938-23-000069"
form_type: "8-K"
ticker: "IMO"
cik: "0000049938"
company_name: "IMPERIAL OIL LTD"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:28:37.948942+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000049938-23-000069
- form_type: 8-K
- ticker: IMO
- cik: 0000049938
- company_name: IMPERIAL OIL LTD
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49938/000004993823000069/0000049938-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49938/000004993823000069/imo-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049938-23-000069
- JSON: https://secwatch.observer/filing/0000049938-23-000069.json
- Plain text: https://secwatch.observer/filing/0000049938-23-000069.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/49938/000004993823000069/0000049938-23-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
