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Stock impact report

Where Will Imperial Oil Stock Be in 1 Year? [Yahoo! Finance Canada]

Imperial Oil Limited (IMO) 
NASDAQ:AMEX Investor Relations: imperialoil.ca/en-ca/company/investors
Valued at a market cap of $57 billion, Imperial Oil TSX:IMO ) is among the largest energy companies in Canada. In the last 20 years, IMO stock has returned more than 500% to shareholders in dividend-adjusted gains, outpacing the TSX Index , which is up 417% since October 2004. Let's see if the TSX energy stock can continue to deliver outsized gains to shareholders in 2024 and beyond. Is Imperial Oil stock a good buy right now? Imperial Oil is engaged in the exploration, production, and sales of crude oil and natural gas in Canada. It has three primary business segments that include: Upstream – It explores and produces crude oil, natural gas, synthetic oil, and bitumen. Downstream – It is involved in the transportation and refining of crude oil, as well as the blending and marketing of these products. Chemicals – The segment manufactures and markets petrochemicals, benzene, solvents, and other products. In Q2 2024, Imperial Oil reported a net income of $1.1 billion, up $ Show less Read more
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