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Stock impact report

Imperial Oil: Evaluation After Its Earnings Report [Seeking Alpha]

Imperial Oil Limited (IMO) 
NASDAQ:AMEX Investor Relations: imperialoil.ca/en-ca/company/investors
Company Research Source: Seeking Alpha
IMO resolved weather-related operational issues, achieving its second-best monthly Kearl output in December and a 30-year high annual production rate. Despite a 21% dividend increase and strong management, valuation is stretched at 20.5x forward P/E versus sector median. Potential headwinds include the Norman Wells closure and risk from increased Venezuelan oil supply impacting Canadian crude prices. zhengzaishuru/iStock via Getty Images Imperial Oil ( IMO ) reported its fourth-quarter and full-year results on Friday. In contrast to Exxon Mobil ( XOM ) and Chevron ( CVX ), whose stocks appreciated after their earnings release on the same day, the This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Show less Read more
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