---
schema_version: "secwatch.filing_event.v1"
accession: "0000049938-26-000015"
form_type: "8-K"
ticker: "IMO"
cik: "0000049938"
company_name: "IMPERIAL OIL LTD"
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:26:01.721435+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Imperial Oil Q1 net income $940M, EPS $1.94; Downstream capacity utilization 88%

## Summary
- Net income $940M ($1.94 diluted EPS) vs $1,288M ($2.52) in Q1 2025, down 27%.
- Cash from ops $756M; cash from ops excl working capital $1,239M, down from $1,760M YoY.
- Upstream production 419,000 boe/d (flat YoY); Kearl gross 259,000 b/d, Cold Lake 155,000.
- Downstream throughput 384,000 b/d, capacity utilization 88% (91% Q1 2025); impacted by unplanned downtime.
- Returned $350M to shareholders via dividends; declared Q2 dividend $0.87/share; NCIB renewal planned June 2026.

## SEC filing metadata
- accession: 0000049938-26-000015
- form_type: 8-K
- ticker: IMO
- cik: 0000049938
- company_name: IMPERIAL OIL LTD
- filed_at: 2026-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/49938/000004993826000015/0000049938-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49938/000004993826000015/imo-20260501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049938-26-000015
- JSON: https://secwatch.observer/filing/0000049938-26-000015.json
- Plain text: https://secwatch.observer/filing/0000049938-26-000015.txt

## Key facts
- Earnings Releases
  IMPERIAL OIL LTD reported the fiscal quarter ended March 31, 2026 results: net income $940 million, EPS $1.94.
  - Period: the fiscal quarter ended March 31, 2026
  - Net income: $940 million
  - EPS: $1.94
  - Result: reported results
  source text: Imperial reported estimated net income in the first quarter of $940 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/49938/000004993826000015/0000049938-26-000015-index.htm

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