---
schema_version: "secwatch.filing_event.v1"
accession: "0000049938-24-000062"
form_type: "8-K"
ticker: "IMO"
cik: "0000049938"
company_name: "IMPERIAL OIL LTD"
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T07:07:26.210540+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Imperial Oil Q3 net income $1.237B ($2.33/sh); upstream production record highest in 30+ years

## Summary
- Net income of $1,237M vs $1,601M in Q3 2023; EPS $2.33 diluted, down from $2.76.
- Upstream production 447k boe/d (highest Q3 in 30+ yrs); Kearl 295k boe/d matches record; Cold Lake 147k boe/d with Grand Rapids averaging 20k boe/d in Sept.
- Downstream throughput 389k bpd at 90% utilization; Nanticoke and Strathcona turnarounds completed ahead of plan and below budget.
- Returned $1,528M to shareholders: $322M dividends + $1,206M accelerated share repurchases; Q4 dividend declared $0.60/sh.
- Grand Rapids (first commercial solvent-assisted SAGD) ramping strong; Leming SAGD redevelopment startup expected in 2025 at ~9k bpd.

## SEC filing metadata
- accession: 0000049938-24-000062
- form_type: 8-K
- ticker: IMO
- cik: 0000049938
- company_name: IMPERIAL OIL LTD
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49938/000004993824000062/0000049938-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49938/000004993824000062/imo-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049938-24-000062
- JSON: https://secwatch.observer/filing/0000049938-24-000062.json
- Plain text: https://secwatch.observer/filing/0000049938-24-000062.txt

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