02.08.2025 00:52:03
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Imperial Oil (IMO) Q2 Revenue Jumps 26%
Imperial Oil (NYSEMKT:IMO), a leading Canadian integrated energy company known for its oil sands, refining, and marketing operations, announced its Q2 2025 results on August 1, 2025. The company achieved historic upstream production but reported lower overall profits due to weaker commodity prices. Revenue (GAAP) was $11.2 billion, beating analyst estimates of $8.91 billion (GAAP) by a wide margin. Earnings per share (GAAP) reached $1.86, surpassing the $1.19 expected GAAP EPS figure, while Net income (GAAP) stood at $949 million. Although year-over-year profit and revenue (GAAP) declined, The quarter was defined by remarkable operational gains, successful project launches, and outperformance versus market estimates, with GAAP EPS of $1.86 and GAAP revenue of $11,232 million both exceeding analyst expectations. Source: Analyst estimates for the quarter provided by FactSet. Imperial Oil operates as an integrated energy company in Canada. Its main business spans oil sands extraction, conventional crude and natural gas production, petroleum refining, and retail fuel marketing. Prominent assets include the Kearl and Cold Lake oil sands, as well as the Syncrude joint arrangement, which processes bitumen into synthetic crude oil.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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