<div id="readability-page-1"><ul><li>4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap</li></ul><p>Imperial Oil Limited (NYSEAMERICAN:IMO - Free Report) <span>TSE: IMO<span></span></span> - Stock analysts at Zacks Research raised their Q2 2026 earnings estimates for shares of Imperial Oil in a research report issued to clients and investors on Wednesday, December 17th. Zacks Research analyst Team now forecasts that the energy company will post earnings of $1.20 per share for the quarter, up from their prior estimate of $1.19. Zacks Research has a &#34;Hold&#34; rating on the stock. The consensus estimate for Imperial Oil's current full-year earnings is $5.82 per share. Zacks Research also issued estimates for Imperial Oil's Q4 2026 earnings at $1.28 EPS and FY2026 earnings at $5.01 EPS.</p><p>A number of other research firms also recently weighed in on IMO. BMO Capital Markets downgraded Imperial Oil from an &#34;outperform&#34; rating to a &#34;market perform&#34; rating in a report on Monday. Cibc World Mkts lowered shares of Imperial Oil from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research report on Tuesday, October 14th. Royal Bank Of Canada  reiterated a &#34;sector perform&#34; rating on shares of Imperial Oil in a research note on Wednesday, November 5th. Raymond James Financial lowered shares of Imperial Oil from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research report on Monday, December 8th. Finally, TD Securities  reaffirmed a &#34;sell&#34; rating on shares of Imperial Oil in a report on Tuesday, November 4th. Six investment analysts have rated the stock with a Hold rating and five have issued  a Sell rating to the stock. According to data from MarketBeat.com, Imperial Oil presently has a consensus rating of &#34;Reduce&#34; and an average price target of $115.00.</p><p><b>Get Our Latest Stock Report on IMO</b></p><h2>Imperial Oil Stock Performance</h2><p>IMO stock opened at $83.72 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.17. Imperial Oil has a 1 year low of $58.76 and a 1 year high of $101.01. The company has a market cap of $40.75 billion, a P/E ratio of 15.08 and a beta of 0.70. The stock's fifty day moving average price is $92.22 and its 200-day moving average price is $87.34. </p><h2>Imperial Oil Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 1st. Investors of record on Wednesday, December 3rd will be paid a dividend of $0.72 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.4%. Imperial Oil's payout ratio is 31.26%. </p><h2>Institutional Investors Weigh In On Imperial Oil</h2><p>Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amundi increased its holdings in  Imperial Oil by 0.5% in the 1st quarter. Amundi now owns 617,706 shares of the energy company's stock valued at $42,368,000 after acquiring an additional 3,275 shares during the last quarter.  Northern Trust Corp raised its position in  Imperial Oil by 2.0% during the first quarter. Northern Trust Corp now owns 199,021 shares of the energy company's stock valued at $14,393,000 after purchasing an additional 3,889 shares during the period.  PDS Planning Inc bought a new position in shares of  Imperial Oil during the 2nd quarter valued at approximately $237,000.  Maryland State Retirement &amp; Pension System raised its holdings in  Imperial Oil by 12.6% during the 2nd quarter. Maryland State Retirement &amp; Pension System now owns 67,867 shares of the energy company's stock valued at $5,400,000 after buying an additional 7,595 shares during the period.  Finally, Bessemer Group Inc. lifted its position in  Imperial Oil by 32.0% in the second quarter. Bessemer Group Inc. now owns 31,278 shares of the energy company's stock worth $2,482,000 after buying an additional 7,588 shares during the last quarter. Institutional investors own  20.74% of the company's stock. </p><h2>Imperial Oil Company Profile</h2> (Get Free Report)<p>Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.</p><h2>Read More</h2><ul><li>Five stocks we like better than Imperial Oil</li><li>The How And Why of Investing in Oil Stocks</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>What is a Special Dividend?</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0VBTUVSSUNBTiZTeW1ib2w9SU1P?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0VBTUVSSUNBTiZTeW1ib2w9SU1P"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Imperial Oil Right Now?</h2><p>Before you consider Imperial Oil, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Imperial Oil wasn't on the list.</p><p>While Imperial Oil currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Zacks Research has raised its Q2 2026 earnings estimates for Imperial Oil to $1.20 per share, up from $1.19, maintaining a 'Hold' rating. The consensus full-year earnings estimate is $5.82 per share. Other analysts have downgraded the stock, with a consensus 'Reduce' rating and a $115 price target. Imperial Oil's stock opened at $83.72, with a market cap of $40.75 billion. The company announced a quarterly dividend of $0.72 per share, yielding 3.4%. Institutional investors have adjusted their stakes in the company.</p>

Q2 EPS Estimates for Imperial Oil Boosted by Zacks Research