)
Visual
test
Imperial Oil
Imperial Oil (IMO) investor relations material
Imperial Oil Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary30 Jan, 2026
Executive summary
Generated over CAD 1.9 billion ($1,918 million) in Q4 cash flow from operations and CAD 6.7 billion ($6,708 million) for the full year 2025.
Returned CAD 2.1 billion ($2,072 million) to shareholders in Q4 and CAD 4.6 billion ($4,581 million) for the year, including dividends and share buybacks.
Declared a Q1 2026 dividend of CAD 0.87 per share, a 20%+ increase and the largest in company history.
Achieved record annual upstream production of 438,000 gross oil-equivalent barrels per day, the highest in over 30 years.
Quarterly net income was $492 million; adjusted net income (excluding identified items) was $968 million.
Financial highlights
Q4 net income was $492 million; adjusted net income was $968 million, down year-over-year due to lower upstream realizations.
Q4 cash flows from operating activities were $1,918 million; normalized cash flow (excluding working capital and one-time items) was $1,585 million.
Q4 capital expenditures totaled $651 million, up from $423 million year-over-year; full-year CapEx was $2,027 million.
Q4 EPS was $1.00 (diluted), down from $2.37; adjusted EPS was $1.97.
Q4 free cash flow was $1,357 million; full-year free cash flow was $4,816 million.
Outlook and guidance
Confident in 2026 production guidance for Kearl (285,000–295,000 bpd) and path to 300,000+ bpd.
Cold Lake Mahihkan SA-SAGD project to start in 2029, targeting 30,000 bpd peak.
Leming SAGD project at Cold Lake ramping up to a peak of 9,000 bpd.
Norman Wells production cessation accelerated to end of Q3 2026 as asset reaches end of economic life.
Restructuring plan on track, targeting CAD 150 million in annual savings by 2028.
Future impact of Norman Wells cessation?
Strategy to lower upstream unit cash costs?
Downstream growth drivers beyond retail sites?
Kearl: Mitigate future extreme weather impacts?
Inventory optimization: Expected annual savings?
Mahihkan SA-SAGD: How does it leverage learnings?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebTUPRS
Net income rose to TRY 29.5 billion, with strong cash position and major dividend payout. - 6 FebCPT
2025 results beat guidance; Sun Belt focus, asset sales, and share buybacks drive 2026 strategy. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and strategic spin-offs for future growth. - 6 FebCRIH1 2025 saw a return to profit, record revenues, and strong cash from major space projects.
- 6 FebSCW
Q2 2025 revenue up 120% y/y, driven by record Asian contract and backlog growth. - 6 FebSCWRevenue up 89% y/y, record backlog, and new strategy for European optical payload leadership.
- 6 FebSCWQ2 2024 revenue up 115% y/y, backlog nearly doubled, driven by major space contracts.
- 6 FebSCWSpace segment drives 29% revenue growth, strong backlog and contracts support 2025 outlook.
- 6 FebSCW73% revenue growth, record backlog, and major space contracts drive expansion and investment.
- 6 FebPENG
All proposals passed, with no questions raised and results to be filed on Form 8-K.
Next Imperial Oil earnings date
Q1 20261 May, 2026
Imperial Oil
Next Imperial Oil earnings date
Q1 20261 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Imperial Oil Limited is an integrated energy company engaged in the exploration, production, and sale of crude oil, natural gas, and petroleum products. The company also operates refining and marketing businesses, producing fuels, lubricants, and petrochemicals for industrial and consumer use. It serves both domestic and international markets. The company is headquartered in Calgary, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage