Tags » Imperial Oil Ltd

Imperial Oil Ltd upgraded, poised to return cash

Imperial Oil Ltd. was upgraded to neutral from underperform as a result of its improving cash flow profile.

Brian Bagnell at Macquarie Capital, who also raised his price target on the stock to $45 from $41, estimates Imperial could generate $3.6 billion in cash flow on $1.2 billion in spending and $500 million from its current dividend. 125 more words

Trading Desk

Imperial Oil profit edges above $1 billion in third quarter, thanks to sale of gas stations

Imperial Oil says the sale of its gas stations helped the company achieve a $1-billion quarterly profit for the first time in more than two years. 160 more words

Energy

Imperial Oil profit edges above $1 billion in third quarter, thanks to sale of gas stations

Imperial Oil says the sale of its gas stations helped the company achieve a $1-billion quarterly profit for the first time in more than two years. 159 more words

Energy

Yedlin: Two energy futures at play in Canada

Two tales of Canada’s energy future are being spun across the country.

One is realistic and recognizes oil and natural gas will remain important components in the global economy. 1,079 more words

Energy

Irving Oil chairman confident Energy East pipeline 'will happen'

By Michael Tutton

The chairman of Irving Oil confidently predicted Thursday the proposed Energy East Pipeline still being examined by federal regulators “will happen,” though he thinks the process is taking too long. 642 more words

Energy

Varcoe: Divisions within oilpatch widen over Trudeau's carbon pricing gambit

The heads of two Canadian oil giants stood on the stage at the Global Business Forum in Banff last week and made a pitch for a carbon tax. 937 more words

Politics

Oilsands producers face the risk of 'forced transition' as batteries gain momentum

Canada’s oilsands industry is in a race with other forms of crude production and emerging technologies such as electric cars to remain a relevant energy source in the coming decades, according to consultancy Deloitte LLP. 287 more words

Energy