Q2 EPS Estimates for Imperial Oil Lowered by Zacks Research

Imperial Oil Limited (NYSEAMERICAN:IMO) (TSE:IMO) – Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for shares of Imperial Oil in a report released on Monday, December 16th. Zacks Research analyst R. Department now anticipates that the energy company will post earnings per share of $1.46 for the quarter, down from their previous forecast of $1.52. The consensus estimate for Imperial Oil’s current full-year earnings is $6.22 per share.

Several other brokerages have also issued reports on IMO. JPMorgan Chase & Co. lowered shares of Imperial Oil from a “neutral” rating to an “underweight” rating in a research report on Thursday. StockNews.com downgraded shares of Imperial Oil from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. Finally, Scotiabank reiterated a “sector perform” rating and issued a $110.00 target price on shares of Imperial Oil in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $109.00.

Imperial Oil Trading Down 2.7 %

Shares of IMO stock opened at $62.51 on Thursday. The firm has a market capitalization of $32.04 billion, a P/E ratio of 9.32 and a beta of 1.42. Imperial Oil has a 52-week low of $54.58 and a 52-week high of $80.17. The company has a current ratio of 1.44, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17.

Imperial Oil Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Tuesday, December 3rd will be paid a $0.4304 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $1.72 annualized dividend and a dividend yield of 2.75%. Imperial Oil’s payout ratio is presently 26.38%.

Institutional Investors Weigh In On Imperial Oil

A number of large investors have recently made changes to their positions in the business. RFP Financial Group LLC bought a new stake in Imperial Oil during the 2nd quarter valued at approximately $25,000. BNP Paribas Financial Markets purchased a new position in shares of Imperial Oil in the 3rd quarter valued at approximately $28,000. Grove Bank & Trust boosted its position in shares of Imperial Oil by 438.0% during the third quarter. Grove Bank & Trust now owns 538 shares of the energy company’s stock valued at $38,000 after purchasing an additional 438 shares in the last quarter. Allworth Financial LP grew its stake in Imperial Oil by 21.0% in the third quarter. Allworth Financial LP now owns 1,347 shares of the energy company’s stock worth $95,000 after purchasing an additional 234 shares during the period. Finally, Oakworth Capital Inc. bought a new position in Imperial Oil in the third quarter worth $101,000. 20.74% of the stock is currently owned by institutional investors.

About Imperial Oil

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.