Imperial Oil Limited (IMO)

Over the past six months, Imperial Oil Ltd. experienced several stock events. The company released its Q3 2025 and Q4 2025 earnings, reporting strong financial performance for Q4 2025 with significant cash flow and record annual production. Imperial Oil declared a dividend increase of $0.15 per share, the largest nominal dividend increase in its history. The company returned $4.6 billion to shareholders in 2025 through dividends and share repurchases, completing an accelerated normal course issuer bid program. J.P. Morgan maintained a "sell" rating on Imperial Oil but raised its target price. The share price increased by 39.08% from January 13, 2025, to January 13, 2026.

Demand for heating oil and natural gas typically increases during colder months, while gasoline demand often rises during the summer driving season. Jet fuel demand is tied to air travel, which can have seasonal peaks. Asphalt demand is generally higher during warmer, drier months. Demand for lubricants and petrochemicals might be influenced by industrial activity cycles. The company's integrated business model helps to mitigate some of the volatility associated with individual product seasonality.

Imperial Oil Limited, also known as Imperial Esso, is Canada's second-largest integrated oil company. It operates across the entire petroleum value chain, including exploration, production, refining, and marketing of crude oil, natural gas, and petrochemical products. The company's business is divided into Upstream, Downstream, and Chemical segments. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen, including operations like the Kearl Oil Sands and a 25% ownership of Syncrude. The Downstream segment focuses on transportation, refining, and marketing of petroleum products through refineries, pipelines, and approximately 2,400 Esso and Mobil-branded sites. The Chemical segment manufactures and markets petrochemicals and produces renewable diesel at the Strathcona refinery. The company's sector is Energy, and its industry is Integrated Oil & Gas.

Imperial Oil Ltd.'s operations are primarily concentrated in Canada, with upstream production largely derived from the Alberta oil sands and the Norman Wells oil field. The company owns and operates fuel terminals, natural gas liquids, and product pipelines in Alberta, Manitoba, and Ontario. Imperial Oil is headquartered in Calgary, Alberta.

Imperial Oil produces and markets fuels, lubricants, and chemical products under the Esso and Mobil brands. In the past year, Imperial Oil has engaged in community and sustainability-focused initiatives, including investments in hockey and STEM education, and support for the "All In for Youth" tutoring program. The company is working to reduce environmental impacts and has started up Canada's largest renewable diesel facility. Imperial Oil maintains a focus on safety and operational excellence. In 2021, Imperial Oil was ranked 34th out of 120 mining, oil, and gas corporations in the Arctic Environmental Responsibility Index.

Imperial Oil Limited is majority-owned by ExxonMobil, which holds a 69.6% ownership stake. Exxon Mobil Corp owns the most shares of Imperial Oil (IMO), with 67.74% of the holding. Major institutional owners and shareholders include Fmr Llc, First Eagle Investment Management, LLC, Royal Bank Of Canada, Vanguard Group Inc, and TD Asset Management Inc. Approximately 10.70% of the company's stock is owned by Institutional Investors, 67.74% by Insiders, and 4.25% by Public Companies and Individual Investors. Retail investors hold about 17.31% of Imperial Oil (IMO) stock.