
Imperial Oil (IMO) Stock Forecast & Price Target
Imperial Oil (IMO) Analyst Ratings
Bulls say
Imperial Oil Ltd has demonstrated a robust financial performance, highlighted by a significant 20% increase in its quarterly dividend to $0.72 per share, reinforcing its commitment to delivering value to shareholders. The company's enterprise value surged by 18%, reaching $54.6 billion by mid-2025, reflecting strong investor confidence and solid market positioning. Increased upgrader utilization, averaging 97% in 2024, has positively impacted operations, aided by enhanced efficiency from bi-directional pipelines, thereby contributing to a favorable outlook for the company's financial health.
Bears say
Imperial Oil has experienced a significant reduction in its common share count, decreasing by approximately 31% since the end of 2020, supported by $5.5 billion in share repurchases, while simultaneously tripling its dividend to $2.88 per share. Nonetheless, the company’s low capital investment of $2 billion in the current year raises concerns, particularly when juxtaposed with its upstream production of about 445,000 boe/d, which features a natural decline rate of approximately 7%. These factors, along with excess steam capacity in its Cold Lake operations, suggest potential challenges in sustaining production levels and addressing longer-term growth, underpinning a negative outlook on the stock.
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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