Articles Tagged "imperial"

Imperial racks up record 2008 profits

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

Imperial Oil Profit soars 70%

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, [...]

Imperial oil reported record profit

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