Imperial Gas & Oil

12/25/2024

12/25/2024

Personnel safety
At Imperial, our people are our most valuable resource and that is reflected in our vision of achieving a workplace in which Nobody Gets Hurt. To that end, we continue to drive process improvements that support Imperial’s employee safety vision. We have a long history of embedding safety into our culture, reinforced by safety leadership, standards, practices and experience. We focus on an integrated framework of systems, processes, tools, and behaviours aimed at eliminating injuries and fatalities.

HP Approach = Leadership and teamwork; Design; Normal work; Higher consequence work; Learn
Integrating the human performance model

Human performance
Human performance (HP) is about making our work easier to get right, and harder to get wrong. HP is an applied science that informs how we design and deploy our Operations Integrity Management System (OIMS) to set people up for success and catch human error. Our goal is to leverage human performance principles and concepts in our operations to deliver world-class business results by enhancing the resilience of our facilities, systems and people, and focusing on learning and improvement. HP is focused on preventing fatalities, life-altering injuries, and serious process safety events. We want to make tough or confusing work less difficult. Clarifying leadership behaviour expectations and operationalizing HP has enhanced our capacity to manage our operational risks safely and reliability. We also integrated HP concepts into core safety and work management tools and enhanced our learning approach to create more resilient systems that anticipate failure and have the ability to fail safely. In 2022, we’ve applied HP concepts by:

improving hazard identification and management by work teams who identify and mitigate error-prone situations;
empowering work teams to start and stop work by enhancing the way safeguards are verified before starting a job;
enhancing learning through the application of after‑action reviews for our highest risk work; and
improving the precise ex*****on of critical tasks through enhanced procedures and independent verification

12/25/2024

Imperial to hold 2024 Third Quarter Earnings Call
October 18, 2024
CALGARY, Alberta--(BUSINESS WIRE)-- (TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited, will host a 2024 Third Quarter Earnings Call on Friday, November 1, following the company’s third quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast.

During the call, Mr. Corson will offer brief remarks prior to taking questions from Imperial’s covering analysts.

Please click here [ https://event.webcasts.com/starthere.jsp?ei=1646810&tp_key=81705570c7 ] to register for the live webcast. The webcast will be available for one year on the company’s website at www.imperialoil.ca/en-ca/company/investors.

In the event that the EDGAR system experiences technical difficulties, or the company is unable to successfully complete its Form 8-K earnings press release filing at the intended time, investors and the public should look for this information at that time on Imperial’s website or on Canada’s SEDAR+ system at www.sedarplus.ca. In case of a failed filing, the company intends to furnish the information on EDGAR as soon as possible.

Source: Imperial

After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.

12/25/2024

Imperial announces third quarter 2024 financial and operating results
November 01, 2024
Quarterly net income of $1,237 million
Cash flows from operating activities of $1,487 million and cash flows from operating activities excluding working capital 1 of $1,797 million
Upstream production of 447,000 gross oil-equivalent barrels per day, highest third quarter in over 30 years
Kearl production of 295,000 total gross oil-equivalent barrels per day (209,000 barrels Imperial's share), matching highest-ever third quarter production
Cold Lake production of 147,000 gross oil-equivalent barrels per day, reflecting a strong initial ramp up of the Grand Rapids project
Refinery capacity utilization of 90 percent inclusive of the safe ex*****on of planned turnaround activities at Nanticoke and Strathcona
Returned $1,528 million to shareholders with $322 million in dividend payments and $1,206 million of accelerated share repurchases
CALGARY, Alberta--(BUSINESS WIRE)-- Imperial (TSE: IMO) (NYSE American: IMO):

12/25/2024

Refining
We are Canada’s largest petroleum refiner. Our refineries are where oil becomes something greater. Something useful, like fuel, asphalt, motor oil, waxes, and various chemicals and gases.

12/25/2024

Canada’s oil sands represent a tremendous source of secure, accessible and affordable energy to help strengthen global energy security. We are deploying next-generation technologies to develop this important resource.

12/25/2024

More than 140 years of industry leadership and innovation
Since 1880 Imperial has consistently demonstrated unwavering high standards, pioneering Canadian spirit, innovation and leadership in the challenging energy industry.