IMO 📈 Imperial Oil - Overview

Imperial Oil Limited is a Canadian energy company that operates a diverse range of businesses, including exploration, production, and sale of crude oil and natural gas. With a history dating back to 1880, the company has established itself as a major player in the Canadian energy industry. Its operations are organized into three main segments: Upstream, Downstream, and Chemical. The Upstream segment is responsible for exploring and producing crude oil, natural gas, synthetic crude oil, and bitumen, which are the raw materials used to produce a wide range of petroleum products.

The Downstream segment is involved in the transportation and refining of crude oil, as well as the blending, distribution, and marketing of refined products. This segment owns and operates a network of pipelines, refineries, and fuel terminals, which enable the company to transport crude oil to refineries and distribute petroleum products to markets across Canada. Imperial Oil's refineries produce a range of products, including gasoline, diesel fuel, jet fuel, and lubricants, which are sold under the Esso and Mobil brand names. The company's distribution system is designed to ensure that its products reach customers efficiently, whether they are industrial users, transportation companies, or individual consumers.

In addition to its Upstream and Downstream operations, Imperial Oil also has a Chemical segment that manufactures and markets a range of petrochemical products. These include benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin, which are used in a variety of industrial applications. The company also markets refinery grade propylene, which is used in the production of plastics and other materials. With its integrated operations and diversified product portfolio, Imperial Oil is well-positioned to meet the energy needs of Canadian consumers and businesses, while also generating value for its shareholders.

As a subsidiary of Exxon Mobil Corporation, one of the world's largest energy companies, Imperial Oil benefits from its parent company's global expertise and resources. The company is headquartered in Calgary, Canada, and is listed on the Toronto Stock Exchange under the ticker symbol IMO. With a strong track record of operational performance and a commitment to safety, environmental responsibility, and community engagement, Imperial Oil is a major contributor to the Canadian energy industry. Its web presence can be found at https://www.imperialoil.ca, and its stock is classified as a common stock with the ISIN code CA4530384086, belonging to the Integrated Oil & Gas sub-industry.