---
schema_version: "secwatch.filing_event.v1"
accession: "0000049938-25-000026"
form_type: "8-K"
ticker: "IMO"
cik: "0000049938"
company_name: "IMPERIAL OIL LTD"
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T23:16:33.348124+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Imperial Oil Q1 net income $1.288B, diluted EPS $2.52; CEO Corson retiring, Whelan to take over

## Summary
- 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.

## SEC filing metadata
- accession: 0000049938-25-000026
- form_type: 8-K
- ticker: IMO
- cik: 0000049938
- company_name: IMPERIAL OIL LTD
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49938/000004993825000026/0000049938-25-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49938/000004993825000026/imo-20250502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049938-25-000026
- JSON: https://secwatch.observer/filing/0000049938-25-000026.json
- Plain text: https://secwatch.observer/filing/0000049938-25-000026.txt

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