Imperial Oil (NYSEAMERICAN:IMO – Get Free Report) (TSE:IMO) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Monday.
Imperial Oil Trading Up 0.7 %
NYSEAMERICAN:IMO traded up $0.46 during mid-day trading on Monday, hitting $71.16. The company had a trading volume of 263,246 shares, compared to its average volume of 417,330. Imperial Oil has a 1 year low of $44.46 and a 1 year high of $74.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.26 and a quick ratio of 0.96. The firm has a market capitalization of $38.13 billion, a PE ratio of 11.15 and a beta of 1.48.
Imperial Oil (NYSEAMERICAN:IMO – Get Free Report) (TSE:IMO) last announced its earnings results on Friday, April 26th. The energy company reported $1.65 EPS for the quarter, beating the consensus estimate of $1.55 by $0.10. The business had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $11.61 billion. Imperial Oil had a return on equity of 20.71% and a net margin of 9.46%. Research analysts predict that Imperial Oil will post 6.07 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Imperial Oil
About Imperial Oil
Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.
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