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Stock impact report

Imperial Oil: We Like It, But Think It's A Little Over Its Skis [Seeking Alpha]

Imperial Oil Limited (IMO) 
NASDAQ:AMEX Investor Relations: imperialoil.ca/en-ca/company/investors
Company Research Source: Seeking Alpha
IMO benefits from a pristine balance sheet, low production costs, and robust dividend growth, but the current valuation appears rich after a 50% rally. Key catalysts include Enhanced Bitumen Recovery Technology and potential for further dividend increases, though risks remain from oil price volatility and WCS discount. Maintain a Hold rating on IMO due to elevated valuation; prefer to wait for a pullback before considering new positions. mmphoto/DigitalVision via Getty Images Introduction Imperial Oil Limited ( NYSE: IMO ) reported mixed Q2 results in early August, and investors seem to have looked past that and bid the shares about 10% higher since. A nice beat on EPS (-$0.18) was followed by a More on my IG service The Daily Drilling Report This article was written by Fluidsdoc is an international oil industry veteran with 40 years of experience having worked on six continents and in over twenty countries around the world. He is an expert in the upstream oilpatch Show less Read more
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