Imperial (IMO.TO,IMO) reported first quarter net income of C$1.20 billion or C$2.23 per share, compared to C$1.25 billion or C$2.13 per share, last year. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of C$2.03, for the quarter. Analysts' estimates typically exclude special items.
Revenues and other income was C$12.28 billion compared to C$12.12 billion, prior year. Analysts on average had estimated C$17.44 billion in revenue.
Production averaged 421,000 gross oil-equivalent barrels per day, up from 413,000 gross oil-equivalent barrels per day in the same period of 2023.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.