Zacks Research Predicts Reduced Earnings for Imperial Oil

Imperial Oil Limited (NYSEAMERICAN:IMO) (TSE:IMO) – Analysts at Zacks Research cut their Q2 2026 EPS estimates for shares of Imperial Oil in a research report issued on Monday, December 16th. Zacks Research analyst R. Department now forecasts that the energy company will post earnings per share of $1.46 for the quarter, down from their previous forecast of $1.52. The consensus estimate for Imperial Oil’s current full-year earnings is $6.22 per share.

IMO has been the topic of several other research reports. StockNews.com lowered Imperial Oil from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Scotiabank reissued a “sector perform” rating and set a $110.00 price target on shares of Imperial Oil in a report on Wednesday, September 25th. Finally, JPMorgan Chase & Co. cut shares of Imperial Oil from a “neutral” rating to an “underweight” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $109.00.

Imperial Oil Stock Down 1.2 %

Imperial Oil stock opened at $61.73 on Thursday. The stock has a market cap of $31.64 billion, a P/E ratio of 9.20 and a beta of 1.42. Imperial Oil has a 52 week low of $54.58 and a 52 week high of $80.17. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.44 and a quick ratio of 1.23.

Institutional Investors Weigh In On Imperial Oil

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. RFP Financial Group LLC purchased a new position in Imperial Oil during the 2nd quarter valued at about $25,000. BNP Paribas Financial Markets acquired a new stake in shares of Imperial Oil during the third quarter worth about $28,000. Grove Bank & Trust boosted its stake in shares of Imperial Oil by 438.0% in the third quarter. Grove Bank & Trust now owns 538 shares of the energy company’s stock valued at $38,000 after purchasing an additional 438 shares during the period. Allworth Financial LP grew its holdings in shares of Imperial Oil by 21.0% in the third quarter. Allworth Financial LP now owns 1,347 shares of the energy company’s stock valued at $95,000 after purchasing an additional 234 shares in the last quarter. Finally, Oakworth Capital Inc. purchased a new stake in Imperial Oil during the 3rd quarter worth approximately $101,000. Hedge funds and other institutional investors own 20.74% of the company’s stock.

Imperial Oil Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Tuesday, December 3rd will be given a dividend of $0.4304 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $1.72 dividend on an annualized basis and a yield of 2.79%. Imperial Oil’s payout ratio is presently 26.38%.

Imperial Oil Company Profile

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.