Imperial Oil president and CEO Bruce March says a long-term approach is paying off for the company in uncertain times despite a lower fourth quarter, For full story, click here
Continue reading "Imperial racks up record 2008 profits"
Friday, October 31, 2008
Imperial oil said that its Q3 profit soared 70 %, helped by higher oil and natural-gas prices and improved refining margins. Randy Ollenberger, analyst at BMO Capital Markets in Calgary, said: On a year-over-year basis, they benefited from much higher prices. Where they did particularly well was refining, because of higher margins. For full story, [...]
Continue reading "Imperial Oil Profit soars 70%"
Friday, August 1, 2008
Imperial’s profit rose due to high heavy oil prices boosted by higher demand for diesel. Net income increased to C$1.15 billion ($1.12 billion), or C$1.28 per share, from C$712 million, or 76 cents a year earlier. For full story, click here
Continue reading "Imperial oil reported record profit"
HeavyOilInvestingNews.com maintains a focus on Heavy Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Heavy Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on heavy oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Friday, January 30, 2009