Imperial Oil Issues C$1.9-C$2.1 Billion Capex Guidance for 2025 [Yahoo! Finance]
Imperial Oil Limited (IMO)
NASDAQ:AMEX Investor Relations:
imperialoil.ca/en-ca/company/investors
Company Research
Source: Yahoo! Finance
Imperial Oil Limited IMO released its corporate guidance outlook on Dec. 12 with a prime focus on profitable volume growth and increased cash flow. The Canadian integrated energy company forecasted its capital and exploration expenditures of C$1.9 to C$2.1 billion, with a balanced investment toward its upstream and downstream operations. IMO's Upstream Projections A significant portion of the capital investment is planned to be directed toward upstream operations to enhance production volumes. The investments will be directed toward key projects like Kearl, where investment in technology will boost bitumen recovery and enhance the mine progression work; the Leming redevelopment project, where completion of the project using innovative steam-assisted gravity drainage technology will have far-reaching effects beyond 2026; and the Grand Rapids project at Cold Lake, which is going to deliver its first full year contribution. The anticipated investments in the above-mentioned projec
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News
- CEO buys as Imperial Oil stock tumbles on capex plans and export tax risk [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Thursday's Insider Report: CEO makes a US$680,000 purchase in this large-cap energy stock [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Imperial provides 2025 corporate guidance outlookBusiness Wire
- Oil is not the problem; burning oil is the problem [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Should You Buy Canadian Natural Stock Amid Current Valuation or Hold? [Yahoo! Finance]Yahoo! Finance
IMO
Earnings
- 11/1/24 - Beat
IMO
Sec Filings
- 12/12/24 - Form 8-K
- 11/27/24 - Form 8-K
- 11/12/24 - Form SC
- IMO's page on the SEC website