Imperial Oil reported second quarter 2026 earnings that exceeded expectations while keeping its quarterly dividend unchanged. The company also lowered its refinery throughput guidance and noted recent operational headwinds. The stock has returned 44.75% year to date, closing at CA$177.04, with a one-year total shareholder return of 54.95%. A popular narrative model suggests a fair value of CA$153.19, implying the stock is overvalued, though its price-to-earnings ratio of 20.6x is slightly below the Canadian Oil and Gas industry average of 21.1x.
Imperial Oil LtdBeat Q2 2026 earnings expectations and maintained dividend, though lowered refinery throughput guidance.
