B.W. (Brad) Corson
he has resigned from the chairman and chief executive officer positions effective at the conclusion of the 2025 Annual Meeting
Highest-materiality recent filing
Imperial Oil elects all seven director nominees at May 4 annual meeting
All seven director nominees were elected with overwhelming support at the annual meeting.
Imperial Oil CEO presents annual meeting update; no material new details disclosed
CEO John Whelan gave presentation at May 4, 2026 annual general meeting on operations and major projects.
Imperial declares Q2 2026 dividend of $0.87/share, unchanged from Q1
Quarterly cash dividend of $0.87 per common share declared.
Imperial Oil Q1 net income $940M, EPS $1.94; Downstream capacity utilization 88%
Net income $940M ($1.94 diluted EPS) vs $1,288M ($2.52) in Q1 2025, down 27%.
Imperial Oil schedules Q1 2026 earnings call for May 1 at 9:00 a.m. MT
Earnings call on May 1, 2026 at 9:00 a.m. MT after Q1 results release.
Imperial Oil declares Q1 2026 dividend of $0.87, up from $0.72 in Q4 2025
Quarterly dividend of 87 cents per share declared, payable April 1, 2026; record date March 5.
Imperial Q4 net income $492M; dividend raised 20% to $0.87; record annual production
Q4 GAAP net income $492M ($1.00 diluted EPS) vs $1,225M ($2.37) YoY; adjusted net income $968M ($1.97 EPS).
Imperial Oil schedules Q4 2025 earnings call for Jan 30 at 9 a.m. MT
Call to follow Q4 earnings release on Jan 30, 2026; CEO John Whelan to speak.
Imperial Oil 2026 guidance: CapEx $2.0-2.2B, upstream 441-460k boe/d
Capital and exploration expenditures forecasted at $2.0-2.2B, focusing on Kearl, Cold Lake, and Syncrude.
Imperial Oil awards new CEO John Whelan C$1.33M bonus and 95,400 RSUs
Cash bonus of $1,328,537 awarded Nov 25, 2025, payable Dec 4, 2025.
Imperial Oil declares Q4 2025 dividend of $0.72/share, unchanged QoQ
Quarterly dividend of $0.72 per share declared, payable January 1, 2026 to shareholders of record December 3, 2025.
Imperial Q3 GAAP net $539M (-56% YoY); adjusted net $1,094M; record upstream production 462k boe/d
Net income $539M ($1.07/diluted share) vs $1,237M in Q3 2024; adjusted net $1,094M ($2.17/diluted share).
Imperial Oil schedules Q3 2025 earnings call for October 31
Earnings call on Friday, October 31 at 9:00 a.m. MT following Q3 earnings release.
Imperial Oil restructures to centralize activities, targets $150M annual savings by 2028
Expects $150M annual expense savings by 2028; employee roles to reduce ~20% by end of 2027.
Tanya Bryja appointed to board effective Sept 16, 2025; she is ExxonMobil SVP of Energy Products.
Imperial Oil declares Q3 2025 dividend of $0.72 per share, unchanged from Q2
Quarterly dividend of $0.72 per share declared, payable October 1, 2025.
Imperial Q2 net income $949M, EPS $1.86; upstream production highest in 30+ years
Net income of $949M ($1.86 diluted EPS) vs $1,133M ($2.11) in Q2 2024, down 16% YoY.
Imperial Oil schedules Q2 2025 earnings call for August 1 at 9 a.m. MT
Earnings call will follow Q2 2025 earnings release on August 1 at 9 a.m. MT.
Imperial Oil renews NCIB to repurchase up to 5% of shares over next 12 months
NCIB allows repurchase of up to 25,452,248 shares (5% of 509,044,963 outstanding) from June 29, 2025 to June 28, 2026.
Imperial Oil CEO presents operational update at AGM; no specific financial figures disclosed
CEO Brad Corson presented at virtual annual general meeting on May 8, 2025.
Imperial Oil shareholders elect all 7 directors; Hansen & Hubbs each face >35M against votes
All seven nominees elected; D.W. Cornhill, S.R. Driscoll, J.N. Floren, G.J. Goldberg, N.A. Hansen, M.C. Hubbs, J.R. Whelan.
Imperial declares Q2 2025 dividend of $0.72/share, unchanged from Q1
Q2 2025 cash dividend of $0.72 per share, payable July 1, 2025 to holders of record June 4, 2025.
Imperial Oil Q1 net income $1.288B, diluted EPS $2.52; CEO Corson retiring, Whelan to take over
Net income $1.288B ($2.52 diluted EPS), up from $1.195B ($2.23) YoY.
2024 net income $4.8B, cash from ops $6.0B, shareholder returns $3.9B ($1.2B dividends, $2.7B buybacks).
Imperial Oil schedules Q1 2025 earnings call for May 2 at 9 a.m. MT
Earnings call scheduled for Friday, May 2, 2025 at 9:00 a.m. MT following Q1 earnings release that morning.
Imperial Oil schedules 2025 Investor Day for April 17
Investor Day on Thursday, April 17, 2025 at 9:00 a.m. EST, accessible by webcast.
Imperial Oil CEO Brad Corson to retire; John Whelan named successor
Brad Corson retiring after 42 years; steps down as president Apr 1, CEO/chairman at May 8 meeting.
Imperial Oil raises quarterly dividend to $0.72 from $0.60, payable April 1
Quarterly dividend declared: $0.72 per share, up from $0.60 in Q4 2024.
Imperial Oil Q4 net income $1,225M; raises dividend 20% to $0.72; Kearl production records
Q4 net income $1,225M ($2.37 diluted EPS), down from $1,365M a year ago; full-year net income $4,790M ($9.03 diluted EPS).
Imperial Oil sets Q4 2024 earnings call for January 31, 2025 at 9 a.m. MT
Call follows Q4 2024 earnings release on January 31; hosted by CEO Brad Corson and IR VP Peter Shaw.
Imperial Oil Senior VP Sherri Evers departing for Exxon Mobil role effective March 1, 2025
Sherri Evers, SVP Sustainability, Commercial Development & Product Solutions, leaves Imperial on March 1, 2025.
Imperial Oil issues 2025 guidance: upstream production 433–456 kboe/d, capex $1.9–2.1B
Upstream production forecast 433k-456k boe/d; Kearl 280k-290k b/d, Cold Lake 150k-160k b/d.
Imperial Oil announces Dec 12, 2024 2025 guidance outlook call
Imperial will host 2025 corporate guidance outlook call on Dec 12, 2024 at 9 a.m. MT.
Imperial Oil declares Q4 2024 quarterly dividend of $0.60 per share, flat QoQ
Quarterly dividend of $0.60 per share declared for Q4 2024.
Imperial Oil Q3 net income $1.237B ($2.33/sh); upstream production record highest in 30+ years
Net income of $1,237M vs $1,601M in Q3 2023; EPS $2.33 diluted, down from $2.76.
Imperial Oil schedules Q3 2024 earnings call for November 1
Earnings call set for Friday, November 1, 2024 at 9:00 a.m. MT.
Imperial Oil amends bylaws for uncertificated shares and electronic dividends
Board amended By-Law No. 1 on Sept 17, 2024, effective immediately.
Imperial declares Q3 2024 dividend of $0.60 per share, unchanged from Q2
Quarterly dividend of $0.60 per share declared, payable October 1, 2024.
Imperial Q2 net income $1,133M ($2.11 EPS), up 68% YoY; record Q2 upstream production
Net income of $1,133M ($2.11 diluted EPS) vs $675M ($1.15) in Q2 2023, up 68%.
Imperial schedules Q2 2024 earnings call for August 2 at 9 a.m. MT
Earnings call to follow Q2 results release on August 2, 2024, at 9 a.m. MT.
Imperial Oil renews NCIB to repurchase up to 5% of shares (26.8M shares) over 12 months
Program runs June 29, 2024 to June 28, 2025; maximum 26,791,840 shares (5% of 535,836,803 outstanding).
CEO Brad Corson presented to the Standing Committee on Environment and Sustainable Development on June 6, 2024.
Imperial achieves first oil from Grand Rapids; 40% lower emissions, 15,000 bpd
First oil from Grand Rapids SA-SAGD project at Cold Lake using solvent-assisted technology.
Imperial Oil elects all seven director nominees; shareholder climate proposal defeated
91.21% of outstanding shares represented at April 30 annual meeting.
Imperial Oil Treasurer Bruce Jolly to retire July 1, 2024; Jim Burgess to succeed.
Bruce Jolly, Treasurer, retires effective July 1, 2024, after 33 years of service.
Imperial Oil CEO presents AGM slides with operations update; no specific figures disclosed in filing
CEO Brad Corson presented at the April 30, 2024 annual general meeting covering strategic plans, growth initiatives, and outlook.
Imperial Oil appoints Cheryl Gomez-Smith as Senior VP, Upstream effective May 1, 2024
Cheryl Gomez-Smith succeeds Simon Younger as Senior VP, Upstream.
Imperial Oil declares Q2 2024 dividend of $0.60/share, unchanged from Q1
Quarterly cash dividend of $0.60 per share declared for Q2 2024 on common shares.
Imperial Oil Q1 net income $1.195B ($2.23/sh); Kearl record first-quarter production
Net income $1,195M ($2.23 diluted EPS), down from $1,248M in Q1 2023 but EPS up $0.10.
he has resigned from the chairman and chief executive officer positions effective at the conclusion of the 2025 Annual Meeting
the board appointed Mr. Whelan (i) as president of the company effective April 1, 2025
as chief executive officer of the company effective at the conclusion of the 2025 Annual Meeting
provided that he is elected as a director at the 2025 Annual Meeting, as chairman of the board effective at the conclusion of such meeting
Imperial Oil Limited announced today the departure of S.L. (Sherri) Evers, currently Senior Vice President, Sustainability, Commercial Development and Product Solutions for Imperial, who has been appointed to become the North America Lubes General Manager for Exxon Mobil Corporation, effective March 1, 2025.
B.A. (Bruce) Jolly, currently Treasurer, has declared his intention to retire on July 1, 2024, after 33 years of service.
Bruce will be succeeded by J. (Jim) Burgess, currently Global Process Manager – Financial Close, Consolidation and External Reporting, Global Business Solutions.
succeeds S.P. (Simon) Younger, who has been appointed Lead Country Manager and General Manager Australia Conventional, ExxonMobil Upstream.
Imperial Oil Limited announced today the appointment of C.L. (Cheryl) Gomez-Smith as Senior Vice President, Upstream, effective May 1, 2024.
Max materiality 0.85 · Median 0.35 · Most common event other_material