IMO - Imperial Oil - Stock Price & Dividends

Imperial Oil Limited is a leading Canadian energy company that explores, produces, and sells crude oil and natural gas across the country. With a rich history dating back to 1880, the company operates through three core segments: Upstream, Downstream, and Chemical.

In the Upstream segment, Imperial Oil focuses on exploring and producing crude oil, natural gas, synthetic crude oil, and bitumen. This involves identifying and extracting hydrocarbon resources from the ground, often in partnership with other energy companies.

The Downstream segment is responsible for transporting and refining crude oil, blending refined products, and distributing and marketing these products to a wide range of customers. This includes operating refineries, maintaining a vast distribution network, and marketing petroleum products under the well-known Esso and Mobil brand names. The company's distribution system is extensive, using pipelines, tankers, rail, and road transport to move petroleum products to market. Imperial Oil also owns and operates fuel terminals, natural gas liquids, and products pipelines in several provinces, including Alberta, Manitoba, and Ontario.

In addition to serving individual consumers, Imperial Oil supplies petroleum products to industrial and transportation customers, independent marketers, resellers, and other refiners. The company's products include fuel, asphalt, and lubricants, which are sold through branded fuel and lubricant resellers to the agriculture, residential heating, and commercial markets.

The Chemical segment of Imperial Oil manufactures and markets a range of petrochemical products, including benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin. The company also markets refinery grade propylene, a key feedstock for the production of plastics and other chemicals.

As a subsidiary of Exxon Mobil Corporation, Imperial Oil benefits from the global resources and expertise of one of the world's largest energy companies. Headquartered in Calgary, Canada, Imperial Oil is committed to responsible and sustainable operations, with a focus on safety, environmental stewardship, and community engagement. For more information, visit the company's website at https://www.imperialoil.ca.