- Imperial Oil reported fourth-quarter earnings per share (EPS) of C$2.37, which exceeded analysts’ estimates of C$2.10, but slightly dropped compared to C$2.47 in the previous year.
- Total revenues and other income for the quarter amounted to C$12.61 billion, reflecting a 3.8% decrease from the previous year, yet surpassing the estimate of C$12.09 billion.
- The company’s average production increased by 1.8% year-over-year, reaching 460,000 barrels of oil equivalent per day (boe/d).
- Refinery throughput also saw an increase, rising by 1% to 411,000 barrels per day (b/d), slightly surpassing the estimated 408,178 b/d.
- Capital expenditure for the quarter was recorded at C$423 million.
- The company’s stock ratings include three buys, fourteen holds, and two sells.
A look at Imperial Oil Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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, as well as manufacturing petrochemicals, has received promising Smart Scores across various key factors. With a top-tier growth score of 5, Imperial Oil showcases high potential for expansion and development in the long term. This signifies a positive outlook for the company’s future growth prospects.
Additionally, Imperial Oil’s strong momentum score of 4 suggests that the company has been performing well relative to its peers recently. This momentum can indicate positive market sentiment and potential opportunities for continued success. Although some areas such as value and dividend scores are rated at 3, the overall outlook for Imperial Oil appears optimistic, supported by its solid growth and momentum scores.
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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