ExxonMobil (XOM) net income rises from Q2

Imperial announces intention to launch substantial issuer bid for up to $1,500,000,000

CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today that the Board of Directors, on the recommendation of a special committee of independent directors, has authorized a substantial issuer bid (the Offer) pursuant to which the company will offer to purchase for cancellation up to $1,500,000,000 of its common shares (the Shares). The company anticipates that the terms and pricing will be determined, and the Offer will commence, during the next two weeks and will be completed before the end of December 2023. All amounts are in Canadian dollars.

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Imperial declares fourth quarter 2023 dividend

CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payable on January 1, 2024, to shareholders of record at the close of business on December 1,... More

Imperial announces third quarter 2023 financial and operating results

Quarterly net income of $1,601 million and cash flow from operating activities of $2,359 million Upstream production of 423,000 gross oil-equivalent barrels per day Highest ever quarterly production at Kearl of 295,000 total gross oil-equivalent barrels per day (209,000 barrels Imperial's share) Strong Downstream operating performance with refinery capacity utilization of 96% Completed accelerated normal course issuer bid program in October, returning more than $2.3 billion in total to shareholders through the entire program Announced intention to initiate a substantial issuer bid to purchase up to $1.5 billion of its common shares Declared fourth quarter dividend of 50... More

ExxonMobil Announces Third-Quarter 2023 Results

Generated strong third-quarter earnings of $9.1 billion, or $2.25 per share, reflecting reliable operating performance of an advantaged portfolio Produced $16.0 billion of operating cash flow and increased cash balance by $3.4 billion Delivered the best-ever third-quarter global refinery throughput1 at 4.2 million barrels per day Returned $8.1 billion to shareholders in the quarter and increased fourth-quarter dividend to $0.95 per share Announced agreement to merge with Pioneer Natural Resources, a combination that will increase U.S. Permian production, enhance energy security and accelerate Pioneer's path to net zero

SPRING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation... More