Cut your oil risk with Imperial

Dear client,
Oil prices have moved up to $45 U.S. from their January 2016 low of $34. Even so, crude prices are likely to remain volatile over the next year or so.
We feel most investors will benefit from keeping about 10% to 15% of their stock… Read More

Imperial plans new oil sands projects

IMPERIAL OIL LTD. $43 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 847.6 million;Market cap: $36.4 billion; Price-to-sales ratio: 1.6; Dividend yield:1.4%; TSI Network Rating: Average; www.imperialoil.ca) is seeking regulatory approval for two new oil sands projects in Alberta. The first, called Aspen,… Read More

IMPERIAL OIL LTD. $41

IMPERIAL OIL LTD. $41 (www.imperialoil.ca) gets roughly a third of its production from its 71%-owned Kearl oil sands project, 70 kilometres north of Fort McMurray, Alberta. ExxonMobil (New York symbol XOM) holds the remaining 29%; Exxon also owns 69.9% of Imperial. Because of the wildfires… Read More

IMPERIAL OIL LTD. $41

IMPERIAL OIL LTD. $41 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 847.6 million; Market cap: $34.8 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.5%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s second-largest integrated oil producer after Suncor.

The company’s Alberta oil sands operations, including… Read More

Cost cutting sets them up for a rebound

IMPERIAL OIL LTD. $41 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 847.6 million; Market cap: $34.8 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.5%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s second-largest integrated oil producer after Suncor.

The company’s Alberta oil sands operations, including… Read More