(IMO) Imperial Oil - Overview

Sector: Energy | Industry: Oil & Gas Integrated | Exchange: NYSE MKT (USA) | Market Cap: 61.951m USD | Total Return: 69.3% in 12m

Crude Oil, Natural Gas, Refined Fuels, Petrochemicals
Total Rating 53
Safety 71
Buy Signal -0.11
Oil & Gas Integrated
Industry Rotation: -2.9
Market Cap: 62.0B
Avg Turnover: 67.2M
Risk 3d forecast
Volatility32.7%
VaR 5th Pctl6.04%
VaR vs Median12.2%
Reward TTM
Sharpe Ratio1.94
Rel. Str. IBD74.4
Rel. Str. Peer Group50
Character TTM
Beta0.636
Beta Downside0.741
Hurst Exponent0.577
Drawdowns 3y
Max DD22.95%
CAGR/Max DD1.69
CAGR/Mean DD6.74
EPS (Earnings per Share) EPS (Earnings per Share) of IMO over the last years for every Quarter: "2021-03": 0.53, "2021-06": 0.5, "2021-09": 1.28, "2021-12": 1.18, "2022-03": 1.75, "2022-06": 3.63, "2022-09": 2.91, "2022-12": 2.86, "2023-03": 2.13, "2023-06": 1.15, "2023-09": 2.76, "2023-12": 2.47, "2024-03": 2.23, "2024-06": 2.11, "2024-09": 2.33, "2024-12": 2.37, "2025-03": 2.52, "2025-06": 1.86, "2025-09": 1.07, "2025-12": 1.97, "2026-03": 1.94,
EPS CAGR: -6.92%
EPS Trend: -63.5%
Last SUE: -1.19
Qual. Beats: -1
Revenue Revenue of IMO over the last years for every Quarter: 2021-03: 6992, 2021-06: 8007, 2021-09: 10214, 2021-12: 12295, 2022-03: 12657, 2022-06: 17285, 2022-09: 15071, 2022-12: 14400, 2023-03: 12057, 2023-06: 11764, 2023-09: 13873, 2023-12: 13202, 2024-03: 12249, 2024-06: 13348, 2024-09: 13215, 2024-12: 12702, 2025-03: 12466, 2025-06: 11208, 2025-09: 11614, 2025-12: 11280, 2026-03: 12446,
Rev. CAGR: -4.27%
Rev. Trend: -84.6%
Last SUE: -0.28
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

Confidence

Description: IMO Imperial Oil

Imperial Oil Limited is a Calgary-based integrated energy company and a majority-owned subsidiary of Exxon Mobil Corporation. It operates across three primary segments: Upstream, Downstream, and Chemical. The company’s activities include the exploration and production of bitumen, synthetic crude oil, and natural gas, as well as the refining, distribution, and marketing of petroleum products under the Esso and Mobil brands.

As an integrated oil and gas provider, Imperial Oil captures value across the entire supply chain, from extraction to retail fuel sales. The company maintains an extensive logistics network, including pipelines, rail, and terminals, to transport refined products like asphalt, lubricants, and polyethylene resins to industrial and consumer markets. This diversified business model helps mitigate the impact of commodity price volatility by balancing upstream production profits with downstream refining margins.

Investors can evaluate the company’s long-term valuation trends and dividend history on ValueRay.

Headlines to Watch Out For
  • Western Canada Select price spread impacts upstream bitumen production margins
  • Integrated downstream refinery utilization rates drive consistent quarterly cash flow generation
  • Capital allocation strategy prioritizes aggressive share buybacks and dividend growth
  • Oil sands production efficiency determines long-term unit cost competitiveness
  • Regulatory shifts in Canadian carbon pricing influence upstream operating expenses
Piotroski VR-10 (Strict) 6.0
Net Income: 2.92b TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -4.55 > 1.0
NWC/Revenue: 6.50% < 20% (prev 6.50%; Δ 0.00% < -1%)
CFO/TA 0.09 > 3% & CFO 5.94b > Net Income 2.92b
Net Debt (6.41b) to EBITDA (6.36b): 1.01 < 3
Current Ratio: 1.23 > 1.5 & < 3
Outstanding Shares: last quarter (484.8m) vs 12m ago -4.98% < -2%
Gross Margin: 16.49% > 18% (prev 0.18%; Δ 1.63k% > 0.5%)
Asset Turnover: 86.78% > 50% (prev 117.9%; Δ -31.09% > 0%)
Interest Coverage Ratio: 122.2 > 6 (EBITDA TTM 6.36b / Interest Expense TTM 31.0m)
Altman Z'' 3.41
A: 0.05 (Total Current Assets 16.1b - Total Current Liabilities 13.0b) / Total Assets 63.4b
B: 0.48 (Retained Earnings 30.5b / Total Assets 63.4b)
C: 0.07 (EBIT TTM 3.79b / Avg Total Assets 53.6b)
D: 1.00 (Book Value of Equity 31.7b / Total Liabilities 31.7b)
Altman-Z'' = 3.41 = A
Beneish M -4.00
DSRI: 2.05 (Receivables 10.7b/5.77b, Revenue 46.5b/51.7b)
GMI: 1.09 (GM 16.49% / 18.05%)
AQI: -9.11 (AQ_t -0.58 / AQ_t-1 0.06)
SGI: 0.90 (Revenue 46.5b / 51.7b)
TATA: -0.05 (NI 2.92b - CFO 5.94b) / TA 63.4b)
Beneish M = -8.19 (Cap -4..+1) = AAA
What is the price of IMO shares?

As of May 31, 2026, the stock is trading at USD 118.72 with a total of 680,603 shares traded.
Over the past week, the price has changed by -11.32%, over one month by -9.10%, over three months by +1.75% and over the past year by +69.32%.

Is IMO a buy, sell or hold?

Imperial Oil has received a consensus analysts rating of 3.22. Therefore, it is recommended to hold IMO.

  • StrongBuy: 3
  • Buy: 2
  • Hold: 10
  • Sell: 2
  • StrongSell: 1

What are the forecasts/targets for the IMO price?
Analysts Target Price 109.8 -7.6%
Imperial Oil (IMO) - Fundamental Data Overview as of 30 May 2026
Market Cap USD = 62.0b (62.0b USD * 1.0 USD.USD)
Market Cap CAD = 85.4b (62.0b USD * 1.3781 USD.CAD)
P/E Trailing = 29.178
P/E Forward = 12.9534
P/S = 1.3218
P/B = 3.657
P/EG = 5.1807
Revenue TTM = 46.5b CAD
EBIT TTM = 3.79b CAD
EBITDA TTM = 6.36b CAD
Long Term Debt = 3.45b CAD (from longTermDebt, last quarter)
Short Term Debt = 26.5m CAD (from shortTermDebt, last quarter)
Debt = 7.85b CAD (from shortLongTermDebtTotal, last quarter) + Leases 673.0m
Net Debt = 6.41b CAD (calculated: Debt 7.85b - CCE 1.44b)
Enterprise Value = 91.8b CAD (85.4b + Debt 7.85b - CCE 1.44b)
Interest Coverage Ratio = 122.2 (Ebit TTM 3.79b / Interest Expense TTM 31.0m)
EV/FCF = 23.81x (Enterprise Value 91.8b / FCF TTM 3.85b)
FCF Yield = 4.20% (FCF TTM 3.85b / Enterprise Value 91.8b)
FCF Margin = 8.28% (FCF TTM 3.85b / Revenue TTM 46.5b)
Net Margin = 6.27% (Net Income TTM 2.92b / Revenue TTM 46.5b)
Gross Margin = 16.49% ((Revenue TTM 46.5b - Cost of Revenue TTM 38.9b) / Revenue TTM)
Gross Margin QoQ = 20.18% (prev 17.04%)
Tobins Q-Ratio = 1.45 (Enterprise Value 91.8b / Total Assets 63.4b)
Interest Expense / Debt = 0.40% (Interest Expense 31.0m / Debt 7.85b)
Taxrate = 23.70% (292.0m / 1.23b)
NOPAT = 2.89b (EBIT 3.79b * (1 - 23.70%))
Current Ratio = 1.23 (Total Current Assets 16.1b / Total Current Liabilities 13.0b)
Debt / Equity = 0.25 (Debt 7.85b / totalStockholderEquity, last quarter 31.7b)
Debt / EBITDA = 1.01 (Net Debt 6.41b / EBITDA 6.36b)
Debt / FCF = 1.66 (Net Debt 6.41b / FCF TTM 3.85b)
Total Stockholder Equity = 24.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.45% (Net Income 2.92b / Total Assets 63.4b)
RoE = 12.17% (Net Income TTM 2.92b / Total Stockholder Equity 24.0b)
RoCE = 13.81% (EBIT 3.79b / Capital Employed (Equity 24.0b + L.T.Debt 3.45b))
RoIC = 5.74% (NOPAT 2.89b / Invested Capital 50.4b)
WACC = 7.55% (E(85.4b)/V(93.2b) * Re(8.22%) + D(7.85b)/V(93.2b) * Rd(0.40%) * (1-Tc(0.24)))
Discount Rate = 8.22% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.11 | Cagr: -5.74%
[DCF] Terminal Value 73.10% ; FCFF base≈4.18b ; Y1≈3.66b ; Y5≈2.96b
[DCF] Fair Price = 85.01 (EV 47.5b - Net Debt 6.41b = Equity 41.1b / Shares 483.6m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -63.47 | EPS CAGR: -6.92% | SUE: -1.19 | # QB: -1
Revenue Correlation: -84.59 | Revenue CAGR: -4.27% | SUE: -0.28 | # QB: 0
EPS current Quarter (2026-06-30): EPS=4.13 | Chg30d=+13.05% | Revisions=+25% | Analysts=5
EPS next Quarter (2026-09-30): EPS=3.91 | Chg30d=+16.01% | Revisions=+50% | Analysts=5
EPS current Year (2026-12-31): EPS=13.60 | Chg30d=+19.39% | Revisions=+40% | GrowthEPS=+59.5% | GrowthRev=+31.1%
EPS next Year (2027-12-31): EPS=10.45 | Chg30d=+4.53% | Revisions=+20% | GrowthEPS=-23.2% | GrowthRev=-5.0%
[Analyst] Revisions Ratio: +50%