- IMO +1.05%
Imperial Oil Limited (NYSEAMERICAN:IMO) is included among the 15 Best Stocks to Buy for Medium Term.
RBC Lifts Imperial Oil (IMO) Price Target to C$118, Maintains Sector Perform On November 5, RBC Capital raised its price target on Imperial Oil Limited (NYSEAMERICAN:IMO) to C$118 from C$117 while maintaining a Sector Perform rating.
In its third quarter 2025 results, the company announced a restructuring aimed at supporting its long-standing strategy of boosting cash flow and delivering leading shareholder returns. Imperial reported strong downstream performance, with refinery capacity utilization reaching 98%.
Imperial Oil Limited (NYSEAMERICAN:IMO) posted revenue of C$12.05 billion, a drop of more than 9% from a year earlier. Cash flow from operating activities came in at C$1.798 billion, up from C$1.487 billion in the third quarter of 2024. The company also highlighted that production averaged 316,000 barrels per day, marking “its highest quarterly production in the asset’s history,” and noted that the new Leming SAGD development at Cold Lake is close to delivering first output.
Imperial Oil Limited (NYSEAMERICAN:IMO) is a Canadian integrated energy company involved in upstream oil and natural gas production as well as downstream refining and petroleum product marketing.
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