earnings
confidence high
sentiment neutral
materiality 0.65
Imperial Q2 net income $949M, EPS $1.86; upstream production highest in 30+ years
IMPERIAL OIL LTD
2025-Q2 EPS reported
$4.38
revenue$23,749,000,000
- Net income of $949M ($1.86 diluted EPS) vs $1,133M ($2.11) in Q2 2024, down 16% YoY.
- Upstream production averaged 427,000 boe/d, highest Q2 in over 30 years; Kearl record 275,000 gross bbl/d.
- Cash from operations $1,465M; completed Canada's largest renewable diesel facility at Strathcona refinery.
- Renewed NCIB to repurchase up to 5% of shares; plans to accelerate and complete prior to year-end 2025.
- Declared Q3 dividend of $0.72/share; returned $367M to shareholders in Q2 via dividends.
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