Imperial Oil Q3 net income rises to C$2.45 billion from C$539 million a year earlier
Imperial Oil reported third-quarter 2026 net income of C$2,454 million, or C$5.11 per diluted share, compared with C$539 million, or C$1.07 per share, in the same quarter of 2025. The company returned C$2,506 million to shareholders in the quarter and said it expects to complete its accelerated share repurchase program before year end, though it lowered its 2026 Kearl production target because of third-party events.
Key points
- Third-quarter net income was C$2,454 million (C$5.11 per diluted share), up from C$539 million (C$1.07 per share) a year earlier and from C$2,190 million in the second quarter of 2026.
- Cash flows from operating activities were C$3,228 million, up from C$1,798 million in the third quarter of 2025.
- Imperial returned C$2,506 million to shareholders, including C$420 million in dividends and C$2,086 million in share repurchases.
- Upstream production averaged 418,000 gross oil-equivalent barrels per day, down from 462,000, and refinery capacity utilization was 88 percent, down from 98 percent.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2026.
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