Imperial Oil (TSE:IMO) has released an update.
Imperial Oil reported a strong first quarter in 2024 with a net income of $1,195 million and impressive production figures, including a record first quarter production at Kearl. The company saw robust cash flows from operations at $1,521 million, excluding working capital, and declared a quarterly dividend of 60 cents per share. Additionally, Imperial Oil is advancing key projects that contribute to growth and emission reductions, underscoring its commitment to Canada’s energy sector.
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