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Imperial Oil: Q4 Earnings Snapshot

By AP News
Published

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Imperial Oil Ltd. (IMO) on Friday reported net income of $1 billion in its fourth quarter.

On a per-share basis, the Calgary, Alberta-based company said it had net income of $1.81.

The oil and gas and petroleum products company posted revenue of $9.63 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $12.29 billion.

For the year, the company reported profit of $3.62 billion, or $6.29 per share. Revenue was reported as $37.75 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMO at https://www.zacks.com/ap/IMO

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