What is the revenue and EPS growth rate for Imperial Oil year over year?

What is Imperial Oil's latest dividend and current dividend yield?

What does Imperial Oil do and what are its main business segments?

What were the key takeaways from Imperial Oil's earnings call?

What factors drove the changes in Imperial Oil's revenue and profit?

Did Imperial Oil beat or miss consensus estimates last quarter?

What guidance did Imperial Oil's management provide for the next earnings period?

What were the key takeaways from Imperial Oil’s earnings call?

- **Record Production & Cash Flow:** Q3 2025 crude production at 462,000 boe/d (new company record), with $1.8 billion in cash flow from operations.
- **Restructuring Impact:** $330 million one-time charge vs. $150 million annual savings by 2028; Calgary campus sold for $406 million non-cash impairment.
- **Operational Excellence:** Kearl unit costs down 20% YoY to $15.13/bbl; Sarnia turnaround completed 10 days early, 15% under budget.
- **Strategic Growth:** Aspen EBRT pilot on track for 2027; 165,000 bpd Cold Lake target reaffirmed with Mohican SA-SAGD in 2029.

**【CEO Opening Remarks】**
- Reported strong financial performance with $1.8 billion in cash flow from operations and $1.9 billion in cash on hand.
- Announced restructuring plan with a one-time charge of $330 million (pre-tax) and expected annual expense reduction of $150 million by 2028.
- Highlighted record crude production and 98% refinery utilization, with planned turnarounds completed ahead of schedule.

**【CFO Financial Update】**
- Net income of $539 million, excluding restructuring and impairment charges, compared to $1.094 billion in Q3 2024.
- Recorded a $406 million (pre-tax) impairment charge for Calgary campus sale and leaseback.
- Generated $1.798 billion in operating cash flow, with $1.5 billion returned to shareholders via dividends and buybacks.

**【Operational Highlights】**
- **Upstream:**
  - Kearl set quarterly record at 316,000 bpd, with unit cash costs down $4/bbl to $15.13/bbl.
  - Cold Lake production at 150,000 bpd, with unit costs at $13.38/bbl.
  - Syncrude completed COCR turnaround ahead of schedule, supporting 78,000 bpd.
- **Downstream:**
  - Refinery throughput at 425,000 bpd (98% utilization), with Sarnia turnaround completed under budget.
  - Chemicals segment earned $21 million, consistent with Q2 2025.

**【Q&A Highlights】**
- **Kearl Efficiency:** Team credited to $15/bbl unit costs through ore selectivity, hydrotransport upgrades, and reliability gains.
- **Restructuring Timeline:** Workforce reduction (above-field roles) to be completed by end-2027; Calgary campus sale expected Q4 2025.
- **In-Situ Projects:** Aspen EBRT pilot on track for early 2027 startup; Mohican SA-SAGD targeting 30,000 bpd by 2029.
- **Share Buybacks:** Accelerated NCIB to complete by year-end; next buyback program renewal in late Q2 2026.

Imperial Oil Ltd (IMO) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

IMO

IMO fundamentals

You can ask Aime