Imperial announces second quarter 2019 financial and operating results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Imperial Oil (IMO) Reports Q2 EPS of Cdn$1.57
August 2, 2019 7:57 AM EDTImperial Oil (NYSE: IMO) reported Q2 EPS of Cdn$1.57, versus Cdn$0.24 reported last year.
Second quarter highlights
Net income of $1,212 million or $1.57 per share on a diluted basis, up from net income of $196 million or $0.24 per share in the second quarter of 2018. Second quarter 2019 results include a favourable impact, largely non-cash, of $662 million associated with the recently enacted Alberta corporate income tax rate decrease.Cash generated from operating activities was $1,026 million, up from $859 million in the second quarter of 2018.Capital and exploration expenditures totalled $429 million, compared with $284 million in the... More