Imperial Oil (IMO) Reports Q3 EPS of Cdn$0.00 on Revenues of Cdn$5.96B

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Go back to Imperial Oil (IMO) Reports Q3 EPS of Cdn$0.00 on Revenues of Cdn$5.96B

Imperial announces third quarter 2020 financial and operating results

October 30, 2020 7:55 AM EDT

 

CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSX, NYSEAM: IMO):

Net earnings of $3 million in the quarter, up significantly from the second quarter Exceeding previously announced capital and expense reduction targets Year-to-date production and manufacturing expenses $813 million below the same period of 2019 Full-year 2020 capital expenditures now expected to be about $900 million Cash flow generated from operating activities of $875 million Cash balance of $817 million at the end of the quarter, up $584 million from the second quarter Maintained quarterly dividend at 22 cents per share

 

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