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Director Neil Hansen resigns; Steven Abrahams appointed to Imperial Oil board
Neil Hansen resigned as director and from finance and safety/sustainability committees effective July 30, 2026.
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Imperial Oil Q2 net income surges to $2.19B from $949M; plans to accelerate share buybacks
Net income of $2,190M ($4.52 diluted EPS) vs $949M ($1.86) in Q2 2025; cash from ops $2,704M.
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Imperial Oil declares Q3 2026 dividend of $0.87 per share, unchanged from Q2
Quarterly dividend of $0.87 per share, payable October 1, 2026, to holders of record September 4, 2026.
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Imperial Oil schedules Q2 2026 earnings call for July 31
Earnings call on July 31, 2026 at 9 a.m. MT following Q2 earnings release.
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Imperial Oil receives TSX approval to repurchase up to 5% of shares over 12 months
NCIB allows repurchase of up to 24,179,635 common shares (5% of 483,592,715 outstanding as of June 15, 2026).
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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.
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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.
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Imperial declares Q2 2026 dividend of $0.87/share, unchanged from Q1
Quarterly cash dividend of $0.87 per common share declared.
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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%.
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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.
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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.
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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).
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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.
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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.
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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.
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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.
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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).
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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.
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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.
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Imperial Oil appoints Tanya Bryja to board; David Cornhill to retire, Miranda Hubbs named lead director
Tanya Bryja appointed to board effective Sept 16, 2025; she is ExxonMobil SVP of Energy Products.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Imperial Oil outlines growth strategy at 2025 Investor Day, targets lower costs and higher production
2024 net income $4.8B, cash from ops $6.0B, shareholder returns $3.9B ($1.2B dividends, $2.7B buybacks).
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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.
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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.
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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.
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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.
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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).
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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.
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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.
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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.
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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.
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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.
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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.
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Imperial Oil schedules Q3 2024 earnings call for November 1
Earnings call set for Friday, November 1, 2024 at 9:00 a.m. MT.
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Imperial Oil amends bylaws for uncertificated shares and electronic dividends
Board amended By-Law No. 1 on Sept 17, 2024, effective immediately.
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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.
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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%.
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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.
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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).
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Imperial Oil CEO updates Canadian committee on emission reduction progress and $720M renewable diesel project
CEO Brad Corson presented to the Standing Committee on Environment and Sustainable Development on June 6, 2024.
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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.
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Imperial Oil elects all seven director nominees; shareholder climate proposal defeated
91.21% of outstanding shares represented at April 30 annual meeting.
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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.