Imperial Oil
About: Imperial Oil Ltd is one of Canada's largest integrated oil companies. It is active in all phases of the petroleum industry in Canada, including the exploration for, and production and sale of, crude oil and natural gas. It is a major producer of crude oil, the largest petroleum refiner, a leading marketer of petroleum products, and a major producer of petrochemicals. The company also pursues lower-emission business opportunities including carbon capture and storage, hydrogen and lower-emission fuels. The company's operations are conducted in three main segments: Upstream, Downstream, and Chemical. The majority of revenue is from the downstream segment. The Downstream segment is organized and operates to refine crude oil into petroleum products and to distribute and market these products.
Employees: 5,300
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 4 (+3) [Q3]
1% more funds holding
Funds holding: 288 [Q2] → 291 (+3) [Q3]
9% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 33
4% more capital invested
Capital invested by funds: $8.21B [Q2] → $8.55B (+$336M) [Q3]
3% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 100
0.18% more ownership
Funds ownership: 22.45% [Q2] → 22.64% (+0.18%) [Q3]
47% less call options, than puts
Call options by funds: $30.6M | Put options by funds: $58.1M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Scotiabank Jason Bouvier 0% 1-year accuracy 0 / 1 met price target | 46%upside $110 | Sector Perform Downgraded | 25 Sept 2024 |
Financial journalist opinion
Based on 9 articles about IMO published over the past 30 days