Imperial Oil (IMO) Reports Q1 EPS of C$0.53

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Imperial announces first quarter 2021 financial and operating results

April 30, 2021 7:55 AM EDT

 

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

Net income of $392 million in the first quarter of 2021 Cash flows from operating activities of over $1 billion in the first quarter Improved financial performance across all business segments compared to the fourth quarter Highest first quarter Upstream production in 30 years, driven by record gross production at Kearl Imperial reinstates significant share purchase program with plans to purchase up to four percent of outstanding common shares by June 28, 2021 Quarterly dividend raised by almost 23% from 22 cents to 27 cents per... More