Highest-materiality recent filing
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 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 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 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 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.
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 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 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 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 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 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 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 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 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).
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 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