Imperial Oil

IMO-T

TSE:IMO

21.70
0.28 (1.27%)
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-biggest integrated oil company. Exxon Mobil Corp. had a 69.6 percent ownership stake in the company as of December 31, 2012.
More at Wikipedia

Analysis and Opinions about IMO-T

Signal
Opinion
Expert
BUY
BUY
April 9, 2020
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.
Show full opinionHide full opinion
Imperial Oil (IMO-T)
April 9, 2020
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.
PAST TOP PICK
PAST TOP PICK
January 7, 2020
(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.
Show full opinionHide full opinion
Imperial Oil (IMO-T)
January 7, 2020
(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.
TOP PICK
TOP PICK
January 7, 2020
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)
Show full opinionHide full opinion
Imperial Oil (IMO-T)
January 7, 2020
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)
TOP PICK
TOP PICK
September 18, 2019
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)
Show full opinionHide full opinion
Imperial Oil (IMO-T)
September 18, 2019
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)
DON'T BUY
DON'T BUY
July 25, 2019
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.
Show full opinionHide full opinion
Imperial Oil (IMO-T)
July 25, 2019
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.
DON'T BUY
DON'T BUY
May 31, 2019
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.
Show full opinionHide full opinion
Imperial Oil (IMO-T)
May 31, 2019
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.
COMMENT
COMMENT
April 18, 2019
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.
Show full opinionHide full opinion
Imperial Oil (IMO-T)
April 18, 2019
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.
DON'T BUY
DON'T BUY
March 19, 2019
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.
Show full opinionHide full opinion
Imperial Oil (IMO-T)
March 19, 2019
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.
DON'T BUY
DON'T BUY
February 7, 2019
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.
Show full opinionHide full opinion
Imperial Oil (IMO-T)
February 7, 2019
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.
DON'T BUY
DON'T BUY
January 9, 2019
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.
Show full opinionHide full opinion
Imperial Oil (IMO-T)
January 9, 2019
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.
TOP PICK
TOP PICK
January 3, 2019
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)
Show full opinionHide full opinion
Imperial Oil (IMO-T)
January 3, 2019
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)
DON'T BUY
DON'T BUY
August 29, 2018

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%.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
August 29, 2018

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%.

DON'T BUY
DON'T BUY
July 16, 2018

He would not go near this one. It really has not made any money for people for a decade. He prefers SU-T.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
July 16, 2018

He would not go near this one. It really has not made any money for people for a decade. He prefers SU-T.

COMMENT
COMMENT
May 10, 2018

One of these stocks that if somebody owns it makes you wonder if they bought it in the first place to hold it or to trade. He likes to stress game plans.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
May 10, 2018

One of these stocks that if somebody owns it makes you wonder if they bought it in the first place to hold it or to trade. He likes to stress game plans.

COMMENT
COMMENT
May 1, 2018

A large amount of US exports are products. The refiners have crack spreads that are currently very favorable, which is why you’re seeing merger mania. Imperial Oil, Husky and others in this space are talking about significant profit growth in their Refining and Marketing business. Their net income this quarter was $516 million up from $333 the year before. If you look at the long-term chart, this stock hasn’t made money for investors. The dividend yield is not great. Compare it to Suncor. This hasn’t been an exciting place to be.

Show full opinionHide full opinion

A large amount of US exports are products. The refiners have crack spreads that are currently very favorable, which is why you’re seeing merger mania. Imperial Oil, Husky and others in this space are talking about significant profit growth in their Refining and Marketing business. Their net income this quarter was $516 million up from $333 the year before. If you look at the long-term chart, this stock hasn’t made money for investors. The dividend yield is not great. Compare it to Suncor. This hasn’t been an exciting place to be.

HOLD
HOLD
April 23, 2018

They got rid of some of their service stations to ATD.B-T. It is a big, solid company. It is down but there is nothing specific to them. He does not own any of the integrateds. If you want to get out, then wait and sell into strength.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
April 23, 2018

They got rid of some of their service stations to ATD.B-T. It is a big, solid company. It is down but there is nothing specific to them. He does not own any of the integrateds. If you want to get out, then wait and sell into strength.

DON'T BUY
DON'T BUY
April 3, 2018

Imperial is out of favour. It hasn’t made investors any money in a long time. In 2008 it was a $56 stock, now it is $33. It’s book value is $29.40, balance sheet is in strong shape, production is down. If you want to own something in the refinery or E&P space, which is Imperial’s mix, look at Suncor.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
April 3, 2018

Imperial is out of favour. It hasn’t made investors any money in a long time. In 2008 it was a $56 stock, now it is $33. It’s book value is $29.40, balance sheet is in strong shape, production is down. If you want to own something in the refinery or E&P space, which is Imperial’s mix, look at Suncor.

WEAK BUY
WEAK BUY
March 28, 2018

Exxon owns 69% of this. There have been some recent project cost overruns. There is nothing fundamentally wrong with this company. Pipeline issues may be influencing investor sentiment on how their production is going to get to market. At these levels he is looking at it harder.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
March 28, 2018

Exxon owns 69% of this. There have been some recent project cost overruns. There is nothing fundamentally wrong with this company. Pipeline issues may be influencing investor sentiment on how their production is going to get to market. At these levels he is looking at it harder.

SELL
SELL
March 19, 2018

This chart is showing lower highs and lower lows and is at a 5 year low. He thinks it is best to exit this one as it is showing no signs of a bottoming formation.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
March 19, 2018

This chart is showing lower highs and lower lows and is at a 5 year low. He thinks it is best to exit this one as it is showing no signs of a bottoming formation.

DON'T BUY
DON'T BUY
March 15, 2018

Not too warm on Imperial. Until the political environment in Canada (that is basically anti-energy) changes he wouldn’t invest in Canadian Energy. He would rather invest in energy companies outside of Canada.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
March 15, 2018

Not too warm on Imperial. Until the political environment in Canada (that is basically anti-energy) changes he wouldn’t invest in Canadian Energy. He would rather invest in energy companies outside of Canada.

PAST TOP PICK
PAST TOP PICK
March 14, 2018

(A Top Pick June 2/17 Down 8%). Going back 30 years, he has not seen valuations this low. Is capital simply moving away from this space? His model puts book value at $31.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
March 14, 2018

(A Top Pick June 2/17 Down 8%). Going back 30 years, he has not seen valuations this low. Is capital simply moving away from this space? His model puts book value at $31.

DON'T BUY
DON'T BUY
December 18, 2017

There is flat production. It was $58 in 2008 so in almost 10 years you have not had a return on this stock. He thinks we will get a production report increase this Wednesday. Frackers are running full out in the US to bring in more production. The industry is hedging to lock in prices. Speculators are as high as they have ever been. You should be careful in oily names.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
December 18, 2017

There is flat production. It was $58 in 2008 so in almost 10 years you have not had a return on this stock. He thinks we will get a production report increase this Wednesday. Frackers are running full out in the US to bring in more production. The industry is hedging to lock in prices. Speculators are as high as they have ever been. You should be careful in oily names.

PAST TOP PICK
PAST TOP PICK
December 5, 2017

(A Top Pick Jan 19/17. Down 9%.) Had picked this because it was fairly cheap and fairly solid, as well as having a hedge through having a downstream company. This didn’t work out.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
December 5, 2017

(A Top Pick Jan 19/17. Down 9%.) Had picked this because it was fairly cheap and fairly solid, as well as having a hedge through having a downstream company. This didn’t work out.

DON'T BUY
DON'T BUY
November 9, 2017

It has not made investors much money this year. Likely there will be a tax loss selling effect. He does not think there is a lot of return in it. SU-T would be much more appealing.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
November 9, 2017

It has not made investors much money this year. Likely there will be a tax loss selling effect. He does not think there is a lot of return in it. SU-T would be much more appealing.

WATCH
WATCH
September 25, 2017

IMO-T vs. XOM-N. Oil is not going to take off in a big way but he has been buying oil on weakness over the last while. However he is now thinking of reducing his weight in oil. Now is not the time to step in. He would tend to stick with Canadian because of currency risk. They are getting over bought.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
September 25, 2017

IMO-T vs. XOM-N. Oil is not going to take off in a big way but he has been buying oil on weakness over the last while. However he is now thinking of reducing his weight in oil. Now is not the time to step in. He would tend to stick with Canadian because of currency risk. They are getting over bought.

WEAK BUY
WEAK BUY
September 18, 2017

Lots of people like to own it because it is a big cap, but they don’t make a lot of money. It does not have the leverage to the upside like others. It is a conservative holding, it is stable. The stock does not reward shareholders very well and he prefers SU-T

Show full opinionHide full opinion
Imperial Oil (IMO-T)
September 18, 2017

Lots of people like to own it because it is a big cap, but they don’t make a lot of money. It does not have the leverage to the upside like others. It is a conservative holding, it is stable. The stock does not reward shareholders very well and he prefers SU-T

TOP PICK
TOP PICK
June 2, 2017

This is the cheapest it has been since 1995. Thinks it is worth $57.58, a 50% upside. This is one of Canada’s best run companies. Dividend yield of 1.7%. (Analysts’ price target is $45.00.)

Show full opinionHide full opinion
Imperial Oil (IMO-T)
June 2, 2017

This is the cheapest it has been since 1995. Thinks it is worth $57.58, a 50% upside. This is one of Canada’s best run companies. Dividend yield of 1.7%. (Analysts’ price target is $45.00.)

DON'T BUY
DON'T BUY
April 7, 2017

This has backed off. The high in 2014 was $56, and BV is around $30. He expects the stock to see lower levels.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
April 7, 2017

This has backed off. The high in 2014 was $56, and BV is around $30. He expects the stock to see lower levels.

COMMENT
COMMENT
February 10, 2017

Not favourably disposed to this as he would be to Suncor (SU-T), which seems to have a little more growth. This one is okay, but he doesn’t get excited over it.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
February 10, 2017

Not favourably disposed to this as he would be to Suncor (SU-T), which seems to have a little more growth. This one is okay, but he doesn’t get excited over it.

TOP PICK
TOP PICK
January 19, 2017

This is cheap. If you want diversification then he likes this one. They have this huge guardian angel in the form of Exxon Mobil. It has not had the big bounce that some of the oil companies have had. He thinks only good things can happen with this one.

Show full opinionHide full opinion
Imperial Oil (IMO-T)
January 19, 2017

This is cheap. If you want diversification then he likes this one. They have this huge guardian angel in the form of Exxon Mobil. It has not had the big bounce that some of the oil companies have had. He thinks only good things can happen with this one.

Showing 1 to 30 of 337 entries

Imperial Oil(IMO-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

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. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Brian Madden on 2020-04-09. 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 2020-08-07, Imperial Oil (IMO-T) stock closed at a price of $21.7.