Imperial to cut prices in NWT community after low river prevented resupply by barges [Yahoo! Finance Canada]
Imperial Oil Limited (IMO)
NASDAQ:AMEX Investor Relations:
imperialoil.ca/en-ca/company/investors
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Source: Yahoo! Finance Canada
Imperial says in a Facebook post it will cut the air transportation portion that's included in its wholesale price in Norman Wells for diesel fuel, or heating oil, from $3.38 per litre to $1.69 per litre, starting Tuesday. The air transportation increase, it further states, will be implemented over a longer period. It says Imperial is closely monitoring how much fuel needs to be airlifted to the Norman Wells area to prevent runouts until the winter road season begins and supplies can be replenished. Gasoline and heating fuel prices approached $5 a litre at the start of this month. Norman Wells' town council declared a local emergency on humanitarian grounds last week as some of its 700 residents said they were facing monthly fuel bills coming to more than $5,000. "The wholesale price increase that Imperial has applied is strictly to cover the air transportation costs. There is no Imperial profit margin included on the wholesale price. Imperial does not set prices at the ret
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IMO
Earnings
- 11/1/24 - Beat
IMO
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form 10-Q
- 11/1/24 - Form 8-K
- IMO's page on the SEC website