Imperial announces fourth quarter 2020 financial and operating results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall St ends higher as stocks reclaim some shine
- Broadcom forecasts quarterly sales below estimates amid rising custom AI chip competition
- Snowflake soars 20% on earnings beat and raised guidance
- Oil settles 1% higher, as US-Iran strikes threaten supplies
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Crude Inventory Fell 4.5M Barrels Last Week - EIA
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- TScan cuts 75% of workforce, pivots to solid tumor cell therapy
Imperial Oil (IMO) Reports Q4 Loss of Cdn$1.56 on Revenues of Cdn$6.03B
February 2, 2021 7:58 AM ESTImperial Oil (NYSE: IMO) reported Q4 EPS of (Cdn$1.56), versus Cdn$0.36 reported last year. Revenue for the quarter came in at Cdn$6.03 billion, versus Cdn$8.12 billion reported last year.
Fourth quarter highlights
Net loss of $1,146 million or $1.56 per share on a diluted basis, compared to net income of $271 million or $0.36 per share in the fourth quarter of 2019. Results in the current quarter include a non-cash impairment charge of $1,171 million related to the company's decision not to develop a significant portion of its unconventional portfolio that was announced in November 2020.Cash flow generated from... More