Imperial Oil (NYSE: IMO) reported Q3 EPS of $0.94, versus $0.40 reported last year. Revenue for the quarter came in at $9.73 billion versus the consensus estimate of $9.24 billion.

“Our refining network, access to logistics and ability to process price-advantaged crudes, both heavy and increasingly light, have been key factors in downstream performance year-to-date,” said Rich Kruger, chairman, president and chief executive officer. “Looking ahead, in the current challenging upstream price environment, we are uniquely positioned to benefit from widening light crude differentials.”

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