- Imperial Oil’s first quarter earnings per share (EPS) were reported at C$2.23, beating the estimated C$2.10.
- This latest EPS is a significant improvement from last year’s C$2.13.
- Total revenues and other income rose to C$12.28 billion, marking a 1.3% increase year-on-year.
- However, the revenues fell slightly short of the estimated C$12.4 billion.
- The average production was reported at 421,000 boe/d, showing a 1.9% increase from the previous year.
- The refinery throughput, on the other hand, decreased by 2.4% year-on-year to 407,000 b/d, which is less than the estimated 411,329.
- The company’s capital expenditure for this quarter amounted to C$496 million.
- Imperial Oil received 5 buys, 13 holds, and 0 sells in the latest reviews.
A look at Imperial Oil Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Imperial Oil Ltd., a company focused on producing and refining natural gas and petroleum products in Canada, seems to have a promising long-term outlook based on its Smartkarma Smart Scores. With an impressive Growth score of 5 and a high Momentum score of 5, Imperial Oil is showing strong potential for expansion and upward movement in the future. This indicates that the company is well-positioned for growth and has positive market momentum.
Although Imperial Oil has solid scores in Growth and Momentum, its Value, Dividend, and Resilience scores are slightly lower at 3. This suggests that while the company may not be undervalued, it still presents a decent investment opportunity with consistent dividends and a resilient business model. Overall, with a mix of strong growth prospects and market momentum, Imperial Oil appears to be a company worth keeping an eye on for investors seeking long-term opportunities in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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