Imperial Oil Q1 net income $1.195B ($2.23/sh); Kearl record first-quarter production

IMPERIAL OIL LTD

2024-Q1 EPS reported $2.23 revenue$12,283,000,000

Net income $1,195M ($2.23 diluted EPS), down from $1,248M in Q1 2023 but EPS up $0.10.
Kearl total gross production 277,000 bbl/d (Imperial share 196,000) – highest ever Q1.
Upstream production 421,000 gross boe/d; Cold Lake 142,000; Syncrude 73,000.
Downstream throughput 407,000 bbl/d, capacity utilization 94%; Nanticoke record Q1.
Dividend declared $0.60/share; returned $278M to shareholders; 30 consecutive years of growth.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

IMPERIAL OIL LTD reported the fiscal quarter ended March 31, 2024 results: net income $1,195 million, EPS $2.23 per share on a diluted basis.

Period: the fiscal quarter ended March 31, 2024
Net income: $1,195 million
EPS: $2.23 per share on a diluted basis
Result: reported results

Exact text from the filing

Imperial announces first quarter 2024 financial and operating results • Quarterly net income of $1,195 million

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Source: SEC EDGAR

accession 0000049938-24-000017

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