imperial oil
Toronto symbol IMO, is Canada’s largest integrated oil company. It also operates over 1,900 retail gas stations under the “Esso” banner. ExxonMobil owns 69.6% of Imperial’s stock.
Imperial Oil is one of Canada’s largest and oldest energy companies, operating across the full oil and gas value chain—from exploring and producing crude oil and natural gas to refining fuels and marketing products under well-known brands like Esso and Mobil. Headquartered in Calgary, the company plays a major role in Canada’s energy sector, including significant involvement in oil sands development, petrochemicals, and transportation fuels, and it is majority-owned by ExxonMobil.
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IMPERIAL OIL LTD. $37.27 (Toronto symbol IMO; Shares outstanding: 792.7 million; Market cap: $29.5 billion; TSINetwork Rating: Average; Dividend yield: 2.0%; www.imperialoil.ca) formed a 50/50 joint venture in 2013 with U.S.-based ExxonMobil (New York symbol XOM) to build a liquefied natural gas (LNG) facility near Price Rupert, B.C....
IMPERIAL OIL LTD. $35 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 792.7 million; Market cap: $27.7 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.2%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor (No....
The blue chips represent the highest value. The best blue chip companies offer both capital gains growth potential and regular dividend income.
IMPERIAL OIL LTD. $39.57 (Toronto symbol IMO; Shares outstanding: 795.8 million; Market cap: $30.4 billion; TSINetwork Rating: Average; Dividend yield: 1.9%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor (No....
When choosing oil stocks to invest in, we recommend income-seeking investors stick with big integrated producers like Suncor Energy and Imperial Oil.
Integrated producers have “upstream” oil and gas exploration and production assets, as well as “downstream” refining and marketing operations.
Refineries transform crude oil into useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils....
Integrated producers have “upstream” oil and gas exploration and production assets, as well as “downstream” refining and marketing operations.
Refineries transform crude oil into useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils....
SUNCOR ENERGY INC. $43 (Toronto symbol SU; Cyclical-Growth Payer Portfolio, Resources sector; Shares outstanding: 1.6 billion; Market cap: $68.8 billion; Dividend yield: 3.3%; Dividend Sustainability Rating: Above Average; www.suncor.com) is Canada’s largest integrated oil company, with major projects in the Alberta oil sands....
ENBRIDGE INC. $43 (www.enbridge.com) continues to sell some of its less-important assets to help pay down the debt it took on to buy Spectra Energy in February 2017. That firm operates crude oil and natural gas pipelines in the U.S. and Canada....
IMPERIAL OIL LTD. $43.70 (Toronto symbol IMO; Shares o/s: 802.7 million; Market cap: $34.8 billion; TSINetwork Rating: Average; Dividend yield: 1.7%; www.imperialoil.ca) has already seen the benefits of recent expansions at its Kearl oil sands property....
Imperial Oil has already seen the benefits of recent expansions at its Kearl oil sands property. The company is also doing a good job of controlling its operating costs.
Still, its focus on Canada adds risk. Specifically, a lack of new pipeline capacity continues to depress prices for Canadian producers compared to the crude prices for producers in the U.S....
Still, its focus on Canada adds risk. Specifically, a lack of new pipeline capacity continues to depress prices for Canadian producers compared to the crude prices for producers in the U.S....