Tue, Feb. 2, 9:09 AM
- Imperial Oil (NYSEMKT:IMO): Q4 EPS of $0.12 misses by $0.23.
- Revenue of $6.23B (-22.4% Y/Y) misses by $810M.
Mon, Feb. 1, 5:30 PM
Oct. 30, 2015, 9:51 AM
- Imperial Oil (NYSEMKT:IMO): Q3 EPS of $0.56 beats by $0.06.
- Revenue of $7.2B (-25.5% Y/Y) beats by $450M.
Oct. 29, 2015, 5:30 PM| Oct. 29, 2015, 5:30 PM | 19 Comments
Oct. 31, 2014, 8:39 AM
- Canadian Oil Sands (OTCQX:COSWF) reports Q3 net profit fell 65% Y/Y to C$0.18/share, citing lower revenue and foreign exchange-related losses.
- Q3 sales volume rose to 87,787 bbl/day, up4% Y/Y, but average crude prices fell to C$102.58/bbl from C$112.55 a year earlier, and operating expenses rose to to C$47.73/bbl, up from $46.15.
- Cuts its annual maximum output target to 100M barrels of oil, down from a previous 104M barrels and an initial forecast of up to 110M barrels.
- Canadian Oil Sands owns a 37% stake in its main operating asset, Syncrude, with six other companies owning the remainder, including lead operator Exxon Mobil (NYSE:XOM) unit Imperial Oil (NYSEMKT:IMO) and Suncor Energy (NYSE:SU).
Jan. 30, 2014, 10:33 AM
- Imperial Oil (IMO -1.3%) says Q4 earnings fell 2% to C$1.24/share vs. analyst consensus estimate C$0.92, while revenues rose to $8.3B from $7.8B in the year-ago quarter.
- Total oil and natural gas production fell 1.8% Y/Y, with nat gas production falling around the world and oil output slipping in half the regions where 70%-owner Exxon Mobil operates.
- IMO says its Kearl oil-sands expansion project remains on target for startup in 2015; the project is expected to produce 110K bbl/day, of which 78K is the company’s share.
Oct. 31, 2013, 10:29 AM
- Imperial Oil (IMO -0.4%) reports Q3 EPS of $0.76 vs. $0.98 analyst consensus and $1.22 in the year-ago quarter; the decrease is blamed primarily on significantly lower refining margins.
- Total revenue was $8.6B, up from $8.3B a year earlier but less than the $9.5B consensus.
- Production averaged 288K boe/day vs. 285K a year ago, with production from the Kearl start-up and Celtic acquisition more than offsetting planned maintenance at Syncrude and natural decline at conventional properties.
- Net income from downstream operations fell to $46M from $490M a year ago; upstream operations earned $604M, up from $598M a year earlier.
Nov. 1, 2012, 4:40 PM
Imperial Oil (IMO +4.1%) rose today after reporting Q3 profit and sales that exceeded analysts’ estimates on strong refining unit earnings. Net income jumped 21% to $1.04B, or $1.22/share, from $859M, or $1.01, a year earlier; sales rose 4.9% to $8.34B. Q3 was “stronger than expected,” BMO Capital says, with per-share refining results more than twice the firm's forecast.| Nov. 1, 2012, 4:40 PM