
Imperial Oil (IMO) Stock Forecast & Price Target
Imperial Oil (IMO) Analyst Ratings
Bulls say
Imperial Oil Ltd has demonstrated a robust financial performance, with a stable common share count of 509 million shares and a significant 20% increase in its quarterly dividend, now at $0.72 per share. Additionally, the company has achieved enhanced upgrader utilization, averaging 97% in 2024 compared to 94% in 2023, supported by bi-directional pipelines that optimize feedstock flows. Furthermore, the enterprise value has risen impressively by 18%, reaching $54.6 billion as of June 30, 2025, reflecting strong market confidence and operational efficiency.
Bears say
Imperial Oil Ltd has experienced a significant reduction in its common share count by approximately 31% since the end of 2020, supported by $5.5 billion in share repurchases, while its dividend has notably tripled to $2.88 per share, reflecting an improvement in shareholder returns. However, the company's low capital investment of $2 billion this year, despite operating upstream production of about 445,000 boe/d with a decline rate of 7%, raises concerns about its long-term production sustainability and growth potential. The reliance on share buybacks and dividends may indicate that Imperial Oil is not effectively reinvesting in its core operational segments, potentially compromising its future revenue generation capabilities.
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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