earnings
confidence high
sentiment positive
materiality 0.65
Imperial Oil Q1 net income $1.288B, diluted EPS $2.52; CEO Corson retiring, Whelan to take over
IMPERIAL OIL LTD
2025-Q1 EPS reported
$2.52
revenue$12,517,000,000
- Net income $1.288B ($2.52 diluted EPS), up from $1.195B ($2.23) YoY.
- Kearl production 256k gross bbl/d (Imperial's share 181k), down from 277k; Cold Lake 154k bbl/d, up from 142k.
- CEO succession: Brad Corson retiring, John Whelan to become chairman & CEO May 8, 2025.
- Q2 dividend $0.72/share (vs $0.60 paid in Q1); intends to renew NCIB in June 2025.
- Operating cash flow $1.527B, excl. working capital $1.760B; capex $398M, down 20% YoY.