Imperial Oil Ltd. (IMO,IMO.TO) reported on Friday that third-quarter net income plunged to C$539 million or C$1.07 per share from C$1.24 billion or C$2.33 per share in the prior-year quarter.
Excluding special items, adjusted net income was $1.09 billion, compared to $1.24 billion last year.
Total revenues and other income for the quarter decreased to C$12.05 billion from C$13.26 billion in the same quarter last year.
On average, analysts polled expected the company to report earnings of C$1.89 per share on revenues of C$12.66 billion for the quarter. Analysts' estimates typically exclude special items.
Separately, the company declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on January 1, 2026, to shareholders of record at the close of business on December 3, 2025.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
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.