IMPERIAL OIL LTD (IMO) Form 10-Q — Nov 2, 2026
Imperial Oil's Q3 2026 net income surged to C$2,454 million (C$5.13 basic EPS) from C$539 million a year earlier, on revenues of C$16,179 million versus C$11,994 million. The jump was driven by markedly higher crude prices — WTI averaged US$85.68 versus US$64.97 — lifting bitumen realizations by C$23.94 per barrel and synthetic crude realizations by C$33.71 per barrel. Operationally the quarter was softer on volumes: Kearl production fell to 200 kbd from 224 kbd, Cold Lake to 139 kbd, and refinery utilization dropped to 88% from 98% on planned turnarounds, unplanned downtime, and a third-party pipeline outage.
Key figures
- Eps
- 5.13
- Revenue
- 16179000000
- Net Income
- 2454000000
- Total Debt
- 3965000000
- Revenue Yoy
- Q3 revenues C$16,179M vs C$11,994M in Q3 2025 (~+35%)
- Total Assets
- 49291000000
- Cash Position
- 2893000000
- Shares Outstanding
- 472011797
- Ncib max shares
- 24179635
- Wcs usd per bbl
- 71.9
- Wti usd per bbl
- 85.68
- Wti wcs spread usd
- 13.78
- Diluted eps q3 2025
- 1.07
- Diluted eps q3 2026
- 5.11
- Kearl production kbd
- 200
- Nine month eps diluted
- 11.55
- Syncrude production kbd
- 70
- Cold lake production kbd
- 139
- Q3 share repurchases cad m
- 2086
- Nine month net income cad m
- 5584
- Exxonmobil ownership percent
- 69.6
- Q3 operating cash flow cad m
- 3228
- Refinery utilization percent
- 88
- Q3 shares repurchased millions
- 11.6
- Bitumen realization cad per bbl
- 92.16
- Q3 dividend declared per share cad
- 0.87
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.