earnings
confidence high
sentiment neutral
materiality 0.85
Imperial Q3 GAAP net $539M (-56% YoY); adjusted net $1,094M; record upstream production 462k boe/d
IMPERIAL OIL LTD
2025-Q3 EPS reported
$5.46
revenue$35,798,000,000
- Net income $539M ($1.07/diluted share) vs $1,237M in Q3 2024; adjusted net $1,094M ($2.17/diluted share).
- Kearl record gross production 316k bpd (+7% YoY); total upstream output 462k boe/d, highest in over 30 years.
- Refinery utilization 98%; throughput 425k bpd, up from 389k in Q3 2024 on lower turnaround impacts.
- Restructuring charge $330M pretax ($249M after-tax); non-cash impairment of Calgary campus $406M pretax ($306M after-tax).
- Returned $1,835M to shareholders: $366M dividends, $1,469M buybacks; accelerated NCIB expected to complete before year-end.