Imperial Oil (IMO) Reports Q4 EPS of Cdn$1.18

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Imperial announces 2021 financial and operating results

February 1, 2022 7:55 AM EST

Fourth quarter net income of $813 million with cash flow from operating activities of $1,632 million and free cash flow¹ of $1,233 million Highest annual Upstream production in over 30 years, underpinned by record annual Kearl production and continued strong production performance at Cold Lake Continued fuel demand recovery with full-year Downstream refinery capacity utilization of 89 percent Highest full-year Chemical earnings in over 30 years Record shareholder returns of nearly $3 billion in 2021 through dividend payments and share repurchases under the companys normal course issuer bid program Quarterly dividend increased by 26 percent from 27 cents to 34... More