Imperial Oil Q4 Profit Declines, But Tops Estimates; Declares Dividend

RTTNews | vor 454 Tagen
Stocktwits
Imperial Oil Q4 Profit Declines, But Tops Estimates; Declares Dividend

(RTTNews) - Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that fourth-quarter net income declined to C$1.37 billion or C$2.47 per share from C$1.73 billion or C$2.86 per share in the prior-year quarter.

Total revenues and other income for the quarter decreased to C$13.11 billion from C$14.45 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of C$2.09 per share on revenues of C$14.96 billion for the quarter. Analysts' estimates typically exclude special items.

The company's production averaged 452,000 gross oil-equivalent barrels per day in the quarter, down from 441,000 barrels per day in the same period last year.

Separately, the company declared a 20 percent higher quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on April 1, 2024, to shareholders of record at the close of business on March 4, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: IMO IMO.TO
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Imperial Oil Q3 Profit Soars; Boosts Dividend 29%

Imperial Oil Q3 Profit Soars; Boosts Dividend 29%

Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that third-quarter net income soared to C$2.03 billion or C$3.24 per share from C$908 million or C$1.29 per share in the prior-year quarter.
RTTNews | vor 916 Tagen
Imperial Oil Q2 Profit Soars

Imperial Oil Q2 Profit Soars

Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that second-quarter net income soared to C$2.41 billion or C$3.63 per share from C$366 million or C$0.50 per share in the prior-year quarter.
RTTNews | vor 1007 Tagen
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are mostly higher on Friday, following the positive cues from Wall Street overnight, amid optimism about possible trade deals, with US President Donald Trump saying he has "potential" trade deals with India, South Korea and Japan as well as expressed optimism about a resolution with China. Traders are also booking some profits following the recent upside in the markets.
RTTNews | vor 10 Minuten
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares look set to open a tad higher on Friday as markets resume trading after a holiday on Thursday for Maharashtra Day.
RTTNews | vor 30 Minuten
Thai Bourse May Reclaim 1,200-Point Level

Thai Bourse May Reclaim 1,200-Point Level

Ahead of Thursday's Labor Day holiday, the Thai stock market had moved higher in four straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau and it's expected to tick higher again on Friday.
RTTNews | vor 1Std 3 Minuten
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

Ahead of Thursday's Labor Day holiday, the Indonesia stock market had moved higher in four straight sessions, advancing almost 160 points or 2.5 percent along the way. The Jakarta Composite Index now rests just beneath the 6,770-point plateau and it's tipped to open in the green again on Friday.
RTTNews | vor 1Std 33 Minuten
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