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Recent Updates — IMO

July 31, 2026View Source ↗

On July 30, 2026, N.A. (Neil) Hansen resigned from Imperial Oil Limited's board of directors and its finance and safety and sustainability committees. Concurrently, the company appointed S.D. (Steven) Abrahams as a new director effective that same date. Mr. Abrahams serves as chief financial officer of ExxonMobil Product Solutions, a division of Exxon Mobil Corporation, and will not receive compensation for his board service due to his employment with Exxon Mobil. He will join the finance and safety and sustainability committees. Imperial Oil Limited operates in the oil and gas industry.

July 31, 2026View Source ↗

Imperial Oil Limited reported estimated second quarter 2026 net income of $2,190 million ($4.52 per diluted share), up from $949 million in the prior year period, driven by higher commodity prices and improved refining margins despite planned turnaround activities at its Strathcona refinery. Operating cash flows reached $2,704 million, while upstream production averaged 414,000 gross oil-equivalent barrels per day. The company declared a third quarter dividend of $0.87 CAD per share and renewed its normal course issuer bid to repurchase up to five percent of outstanding shares, with plans to accelerate purchases to complete the program before year-end. Imperial Oil Limited is an integrated energy company engaged in crude oil production, refining, petrochemical manufacturing, and fuels marketing.

July 31, 2026View Source ↗

On July 31, 2026, Imperial Oil Limited announced that its board of directors declared a quarterly cash dividend of $0.87 per common share for the third quarter of 2026. The dividend is payable on October 1, 2026, to shareholders of record at the close of business on September 4, 2026. This amount matches the second quarter 2026 dividend and continues a streak of annual dividend increases for 31 consecutive years. Imperial Oil Limited operates in the petroleum industry as Canada's largest refiner, crude oil producer, petrochemical manufacturer, and fuels marketer.

June 23, 2026View Source ↗

On June 23, 2026, Imperial Oil Limited announced it received final acceptance from the Toronto Stock Exchange for a normal course issuer bid. The company may repurchase up to 5% of its 483,592,715 outstanding common shares, representing a maximum of 24,179,635 shares, over the next 12 months. Imperial Oil operates in the energy industry, focusing on the exploration, production, and refining of petroleum and natural gas.