A major Canadian integrated oil company, Imperial Oil digs bitumen and synthetic crude from the oil sands (Kearl, Cold Lake, Syncrude), runs three refineries, and sells fuels at thousands of Esso- and Mobil-branded stations across Canada. Founded in 1880 in London, Ontario, by a group of 16 refiners, it took its name from its first tanker, the Imperial. Its Esso brand is literally pronounced "S-O," a nod to its roots as part of Standard Oil, with ExxonMobil now the majority owner.
Imperial Oil declares Q3 2026 dividend of 87 cents per share
The dividend is payable on October 1, 2026, to shareholders of record at the close of business on September 4, 2026.
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On July 31, 2026, Imperial Oil Limited announced a quarterly cash dividend of 87 cents per share on its outstanding common shares for the third quarter of 2026.
The dividend amount is unchanged from the second quarter 2026 dividend of 87 cents per share.
The company has paid dividends every year for over a century and has increased its annual dividend payment for 31 consecutive years.
The disclosure was made under Item 7.01 Regulation FD and the press release is attached as Exhibit 99.1.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Imperial Oil reports Q2 2026 net income of $2,190 million, up from $949 million in Q2 2025
Upstream production averaged 414,000 gross oil-equivalent barrels per day in Q2 2026, down from 427,000 in Q2 2025.
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Net income for Q2 2026 was $2,190 million, or $4.52 per diluted share, compared to $949 million, or $1.86 per diluted share, in Q2 2025.
Cash flows from operating activities were $2,704 million in Q2 2026, up from $1,465 million in Q2 2025.
Downstream refinery capacity utilization was 76% in Q2 2026, down from 87% in Q2 2025, due to planned turnaround at Strathcona.
Imperial updated 2026 refinery throughput guidance to 370,000-380,000 barrels per day and utilization to 85%-88%, and plans to accelerate NCIB share repurchases to complete before year end.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Imperial Oil schedules Q2 2026 earnings call for July 31 at 9 a.m. MT
The call will follow the release of the company's second quarter earnings that morning and will be accessible by webcast.
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Imperial Oil Limited announced a second quarter earnings call on July 15, 2026, to be held at 9:00 a.m. MT on July 31, 2026.
John Whelan, chairman, president and CEO, and Peter Shaw, VP of investor relations, will host the call, with Whelan making brief remarks before taking analyst questions.
The press release was furnished as Exhibit 99.1 to the Form 8-K under Item 7.01 Regulation FD Disclosure.
The webcast will be available for one year on Imperial's website, with fallback disclosure via SEDAR+ if EDGAR filing issues occur.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Imperial Oil receives TSX approval for NCIB to repurchase up to 24,179,635 shares
Imperial Oil Limited announced on June 23, 2026, that the Toronto Stock Exchange accepted its normal course issuer bid to repurchase up to 5% of its 483,592,715 outstanding common shares, or a maximum of 24,179,635 shares, over 12 months.
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The new buyback program begins June 29, 2026, and ends on June 28, 2027, or earlier if the maximum is purchased.
ExxonMobil, Imperial's majority shareholder, intends to sell shares under the NCIB to maintain its approximately 69.6% ownership stake.
The daily purchase limit for non-ExxonMobil shares is 211,756 shares, based on 25% of average daily trading volume.
The prior NCIB, completed December 17, 2025, saw Imperial buy 25,452,248 shares at an average cost of $124.93 per share, totaling about $3,180 million.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Imperial Oil CEO presents 2025 results and strategy at annual meeting
Imperial Oil reported 2025 net income of $3.3B, cash from operations of $6.7B, free cash flow of $4.8B, and $4.6B returned to shareholders.
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The company achieved record production of 438 koebd, with Kearl at 280 kbd and Cold Lake at 151 kbd, and refining throughput of 402 kbd at 93% utilization.
Imperial started up Canada's largest renewable diesel facility at Strathcona and advanced the Enhanced Bitumen Recovery Technology (EBRT) pilot.
The company announced restructuring plans to centralize activities in global business and technology centres, targeting efficiency gains.
The presentation was furnished under Item 7.01 Regulation FD and included forward-looking statements subject to risks and uncertainties.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits