Imperial Oil Q4 Profit Soars, Tops Estimates; Declares Dividend

RTTNews | 820 days ago
Stocktwits
Imperial Oil Q4 Profit Soars, Tops Estimates; Declares Dividend

(RTTNews) - Imperial Oil Ltd. (IMO, IMO.TO) reported on Tuesday that fourth-quarter net income soared to C$1.73 billion or C$2.86 per share from C$813 million or C$1.18 per share in the prior-year quarter.

Total revenues and other income for the quarter increased to C$14.45 billion from C$12.31 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of C$2.56 per share on revenues of C$15.92 billion for the quarter. Analysts' estimates typically exclude special items.

The company's production averaged 441,000 gross oil-equivalent barrels per day in the quarter, down from 445,000 barrels per day in the same period last year.

Separately, the company declared a quarterly dividend of 44 cents per share on the outstanding common shares of the company, payable on April 1, 2023, to shareholders of record at the close of business on March 3, 2023.

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 | 915 days ago
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 | 1006 days ago
Little Movement Seen For Japan Stock Market

Little Movement Seen For Japan Stock Market

The Japanese stock market has finished higher in five straight sessions, rallying almost 1,850 points or 5 percent along the way. The Nikkei 225 now sits just beneath the 36,050-point plateau and it's likely to hold steady in that neighborhood again on Thursday.
RTTNews | 38 minutes ago
Japan Rate Decision On Tap For Thursday

Japan Rate Decision On Tap For Thursday

The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
RTTNews | 1h 38min ago
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