Buy, Sell or Hold: Imperial Oil (IMO-T) — Stock Predictions at Stockchase

TSE:IMO

42.74

0.13 (0.31%) 1d

Showing 1 to 15 of 340 entries

PAST TOP PICK

(A Top Pick Jan 07/20, Down 17%) COVID-19 crushed this. It was trading at book value a year ago. He still likes it even though it has been painful. He is sticking with it.

integrated oils

DON'T BUY

Investors are more comfortable with their oil sands operation and yet it is discounted in the stock. There is no compelling reason to own it. The valuation is also not overly compelling. There are other names.

integrated oils

DON'T BUY

A large cap energy producer that he used to cover. The Canadian political landscape is an impediment. They need more takeaway capacity. The current supply-demand balance is too high. Inventory is high and the balance is out of equilibrium.

integrated oils

BUY

If you want to wade back into the oil patch this is probably the one with the strongest balance sheet. The advantage is the long life of the oil sands as they don’t need to explore for new oil. Most of the barrels in their reserves will be sold at higher prices. They also have downstream integration. It is a relatively safe play in the oil patch.

integrated oils

PAST TOP PICK

(A Top Pick Jan 03/19, Up 4%) They have done virtually nothing in the past year. It's indicative of the whole energy sector. It's now trading at its book value, which hasn't happened since 1995 during the oil fears. He suspects oil will go higher, though it might not soar. If it goes up, companies like this that are cheap could do better than what anybody expects. Risks are very minimal since it's bottomed out already.

integrated oils

TOP PICK

Oil is up $3 with a possible war in the middle east. The stock is at a terrific value. Good upside potential. If everything works out well, it could have a huge upside in a recovery. (Analysts’ price target is $36.53)

integrated oils

TOP PICK

He likes the dividend. You have to go back to 1992 before you find it trading so cheap to book value. It has 15-20% upside over the next year. In uncertain times, good companies like this bring comfort. Yield 2.41% (Analysts’ price target is $38.90)

integrated oils

DON'T BUY

Stock hasn't done anything in the last while. It moves with the price of oil. Doesn't have the beta of others, so doesn't provide the juice for capital gains. And other companies have a better dividend. Only 20% debt. Book value is $31.48. Not a big fan of the integrated companies.

integrated oils

DON'T BUY

A black cloud hovering over Canadian oil sector and until this clears up, he would avoid. Yield is low on this name. He would look at a company that pays a higher dividend and has more capital appreciation potential.

integrated oils

COMMENT

What's the importance of target price increases? Targets are not important to him in the oil sector, because oil is in a cloud. Oil needs to see more takeovers. IMO is well-run and solid, but the oil space is in a trouble time.

integrated oils

DON'T BUY

The outlook and performance of the integrateds have done better than the oil producers. IMO yesterday postponed their Aspen Project for a year. IMO is fully valued now and he prefers CNQ or Suncor.

integrated oils

DON'T BUY

He would be looking for a turn relative to its group and relative to the market and neither of those two are happening. It has been having a difficult time generating a total return over the years. There are better places.

integrated oils

DON'T BUY

Produce oil upstream and refine it. Stock under pressure since 2014, as most oil companies. Financially strong. Insulated from weak or declining oil prices, as they're integrated. Not enamoured with their asset base or their management, as they are with Suncor. Want to be careful with your exposure to the oil patch. Pipeline shortage and WTI discount are issues. Integrated companies like this are better than pure-play.

integrated oils

TOP PICK

Trading at its book value. It is as cheap as it has been since 1991. Whatever the bad news all is in the price. Buy it and shut up. Estimetaed P/E 12X (Analysts’ price target is $44.37)

integrated oils

DON'T BUY

He doesn't own any oil now and is not bullish. Instead, renewable energy and e-cars will take a lot out of oil down the road. Pays a dividend of nearly 2%.

integrated oils

Showing 1 to 15 of 340 entries

Imperial Oil(IMO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Imperial Oil is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Imperial Oil(IMO-T) Frequently Asked Questions

What is Imperial Oil stock symbol?

Imperial Oil is a Canadian stock, trading under the symbol IMO-T on the Toronto Stock Exchange (IMO-CT). It is usually referred to as TSX:IMO or IMO-T

Is Imperial Oil a buy or a sell?

In the last year, 2 stock analysts published opinions about IMO-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Imperial Oil.

Is Imperial Oil a good investment or a top pick?

Imperial Oil was recommended as a Top Pick by on . Read the latest stock experts ratings for Imperial Oil.

Why is Imperial Oil stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Imperial Oil worth watching?

2 stock analysts on Stockchase covered Imperial Oil In the last year. It is a trending stock that is worth watching.

What is Imperial Oil stock price?

On 2021-10-19, Imperial Oil (IMO-T) stock closed at a price of $42.74.

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