secwatch.observer — SEC 8-K summary
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Issuer:     IMPERIAL OIL LTD (IMO)
CIK:        0000049938
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0000049938-26-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49938/000004993826000015/0000049938-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49938/000004993826000015/imo-20260501.htm
  HTML page:      https://secwatch.observer/filing/0000049938-26-000015

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