Streaming Delayed Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(IMO) Community Analysis from
April 19, 2014
David Van Knapp had a post at Seeking Alpha citing research that blows up the 4% rule, suggesting 2.8% might be the new 4%. The shift, if accurate, has to do with the current state of bond market...(read more)
(Energy and Capital, 11/30/12)
Once Exxon Mobil (NYSE: XOM) acquires Celtic Exploration Ltd. (TSE: CLT), Imperial Oil (TSE: IMO) will purchase a 50% stake...
(Penny Stock DD, 10/27/11)
Major oil producer and refiner Imperial Oil's third-quarter profit more than doubled to $859 million as the company saw strong results from its Cold Lake and Syncrude...(read more)
Imperial Oil (IMO) Company Overview

Imperial Oil AMEX:IMO, TSX:IMO is a Canadian oil, gas and petrochemical producer that also engages in exploration and development activities. As a petroleum company it refines over 400,000 barrels of oil per day at 2 refineries in Ontario, 1 in Dartmouth, Nova Scotia (which is the smallest but has experienced more steady output over the last 5 years, throughput has not declined as much as the other three over that period) and its largest in Strathcona, Alberta.

Presently numerous factors are contributing to increased pressure on oil prices to rise; they include emerging economies like India and fewer conventional oil supplies (heavier oil like bitumen which makes up a significant part of Imperial Oil's resources, is in higher demand; higher oil prices also make it more viable to produce from unconoventional sources which require greater expense to develop and process).

(Read more at Wikinvest )

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