Imperial Oil

IMO-T

TSE:IMO

21.51
0.58 (2.63%)
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
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 16 to 30 of 337 entries