
Imperial Oil (IMO) Stock Forecast & Price Target
Imperial Oil (IMO) Analyst Ratings
Bulls say
Imperial Oil Ltd has demonstrated strong financial performance, with a 20% increase in its quarterly dividend to $0.72 per share, reflecting a commitment to returning value to shareholders. The company achieved an impressive average upgrader utilization rate of 97% in 2024, up from 94% in 2023, supported by enhanced operational efficiencies from its bi-directional pipelines. Additionally, Imperial Oil's enterprise value surged by 18%, amounting to $54.6 billion by June 30, 2025, indicating robust market confidence and growth potential.
Bears say
The financial outlook for Imperial Oil Ltd is negatively impacted by its significant share repurchase activity, which, while reducing the common share count by approximately 31%, suggests limited growth potential in terms of shareholder base expansion. The company's low capital investment of $2 billion in relation to its upstream production of about 445,000 boe/d reflects a lack of aggressive growth initiatives, particularly in light of the natural decline rate of approximately 7% in their Cold Lake operations. Additionally, the substantial tripling of dividends to $2.88 per share, despite the increased yield, may indicate a prioritization of immediate returns over sustainable long-term investment in growth and innovation.
This aggregate rating is based on analysts' research of Imperial Oil and is not a guaranteed prediction by Public.com or investment advice.
Imperial Oil (IMO) Analyst Forecast & Price Prediction
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