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Are you looking to buy Imperial Oil stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy AMEX:IMO! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Imperial Oil stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. It operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2019, this segment had 397 million oil-equivalent barrels of proved undeveloped reserves. The Downstream segment is involved in the transportation and refining of crude oil, as well as blending, distribution, and marketing of refined products. It also transports crude oil to refineries by contracted pipelines, common carrier pipelines, and rail; maintains a distribution system to move petroleum products to market by pipeline, tanker, rail, and road transport; and owns and operates fuel terminals, natural gas liquids, and products pipelines in Alberta, Manitoba, and Ontario. In addition, this segment markets and supplies petroleum products to motoring public through approximately 2,300 Esso and Mobil-branded sites. Further, it sells petroleum products, including fuel, asphalt, and lubricants for industrial and transportation customers, independent marketers, and resellers, as well as other refiners serving the agriculture, residential heating, and commercial markets through branded fuel and lubricant resellers. The Chemical segment manufactures and markets various petrochemicals and polyethylene, such as benzene, aromatic, and aliphatic solvents; plasticizer intermediates; and polyethylene resins. The company was founded in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.
Average volume
482,375 shs
MARKET CAP
$14.91 billion
Stock exchange
NYSEAMERICAN
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- Stephen Johnson
- March 27, 2021
- No Comments
How to buy Imperial Oil stocks?
Below is a quick guide on how to buy AMEX:IMO stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Imperial Oil shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Imperial Oil – Search for “”AMEX:IMO”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Imperial Oil stocks with 0% commission!.
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Is Imperial Oil a buy right now?
14 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Imperial Oil in the last year. There are currently 4 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” Imperial Oil stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IMO, but not buy additional shares or sell existing shares.
What stocks does BAMagazine like better than Imperial Oil?
Wall Street analysts have given Imperial Oil a “Hold” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Imperial Oil wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Imperial Oil stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing AMEX:IMO stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Imperial Oil stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Imperial Oil stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Imperial Oil stocks
Now that you’ve funded your eToro account, just type “AMEX:IMO stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy AMEX:IMO
All that’s left is to buy some AMEX:IMO stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, AMEX:IMO is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Imperial Oil stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Imperial Oil’s next earnings date?
Imperial Oil is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for Imperial Oil.
How were Imperial Oil’s earnings last quarter?
Imperial Oil Limited (NYSEAMERICAN:IMO) issued its quarterly earnings results on Friday, October, 30th. The energy company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.01. The energy company earned $4.47 billion during the quarter, compared to analyst estimates of $3.43 billion. Imperial Oil had a negative net margin of 1.70% and a negative trailing twelve-month return on equity of 0.78%.
View Imperial Oil’s earnings history.
How has Imperial Oil’s stock been impacted by Coronavirus?
Imperial Oil’s stock was trading at $14.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IMO stock has increased by 38.3% and is now trading at $20.16.
How often does Imperial Oil pay dividends? What is the dividend yield for Imperial Oil?
Imperial Oil announced a quarterly dividend on Wednesday, February 3rd. Stockholders of record on Tuesday, March 2nd will be given a dividend of $0.1712 per share on Thursday, April 1st. This represents a $0.68 annualized dividend and a yield of 3.40%. The ex-dividend date is Monday, March 1st. This is an increase from Imperial Oil’s previous quarterly dividend of $0.17.
View Imperial Oil’s dividend history.
Where to Buy Imperial Oil Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying AMEX:IMO stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Is Imperial Oil a good dividend stock?
Imperial Oil pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.36%. Imperial Oil does not yet have a strock track record of dividend growth. The dividend payout ratio of Imperial Oil is 40.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Imperial Oil will have a dividend payout ratio of 73.91% next year. This indicates that Imperial Oil will be able to sustain or increase its dividend.
View Imperial Oil’s dividend history.
What price target have analysts set for IMO?
14 brokers have issued 12 month price objectives for Imperial Oil’s shares. Their forecasts range from $15.00 to $32.00. On average, they anticipate Imperial Oil’s stock price to reach $24.50 in the next twelve months. This suggests a possible upside of 21.5% from the stock’s current price.
View analysts’ price targets for Imperial Oil or view top-rated stocks among Wall Street analysts.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Are investors shorting Imperial Oil?
Imperial Oil saw a decrease in short interest in January. As of January 15th, there was short interest totaling 11,680,000 shares, a decrease of 15.5% from the December 31st total of 13,830,000 shares. Based on an average daily trading volume, of 521,600 shares, the days-to-cover ratio is currently 22.4 days. Approximately 5.2% of the company’s stock are sold short.
View Imperial Oil’s Short Interest.
Who are Imperial Oil’s key executives?
Imperial Oil’s management team includes the following people:
Mr. Bradley William Corson, Chairman, Pres & CEO (Age 59)
Mr. Daniel E. Lyons, Sr. VP of Fin. & Admin. (Age 58)
Dave Hughes, Mang. of Investor Relations
Mr. Ian R. Laing, VP, Gen. Counsel & Corp. Sec. (Age 47)
Ms. S.L. Evers, VP of Commercial & Corp. Devel.
Ms. Denise H. Hughes, Vice-Pres of HR (Age 53)
Mr. S.P. Younger, Sr. VP of Upstream
Ms. Kit Yee Lee, Treasurer
Ms. Marilyn Henderson, Assistant Sec.
Ms. Cathryn Walker, Assistant Corp. Sec.
Who are some of Imperial Oil’s key competitors?
Some companies that are related to Imperial Oil include ConocoPhillips (COP), Phillips 66 (PSX), Marathon Petroleum (MPC), Suncor Energy (SU), Valero Energy (VLO), Hess (HES), Repsol (REPYY), HollyFrontier (HFC), Sunoco (SUN), CVR Energy (CVI), YPF Sociedad Anónima (YPF), Delek US (DK), PBF Energy (PBF), Calumet Specialty Products Partners (CLMT) and Trecora Resources (TREC).
View all of IMO’s competitors.
What other stocks do shareholders of Imperial Oil own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Imperial Oil investors own include Suncor Energy (SU), Range Resources (RRC), International Business Machines (IBM), Exxon Mobil (XOM), Callon Petroleum (CPE), Enbridge (ENB), Mondi plc (MNDI.L) (MNDI), Marathon Petroleum (MPC), BCE (BCE) and Coeur Mining (CDE).
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What is Imperial Oil’s stock symbol?
Imperial Oil trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol “IMO.”
Who are Imperial Oil’s major shareholders?
Imperial Oil’s stock is owned by a variety of retail and institutional investors. Top institutional investors include Swiss National Bank (0.14%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Intact Investment Management Inc. (0.07%), BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp (0.04%), Guinness Asset Management LTD (0.04%) and CIBC Asset Management Inc (0.03%).
Which institutional investors are selling Imperial Oil stock?
IMO stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Guinness Asset Management LTD, Swiss National Bank, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Scout Investments Inc., DORCHESTER WEALTH MANAGEMENT Co, Lester Murray Antman dba SimplyRich, and CIBC Asset Management Inc.
Which institutional investors are buying Imperial Oil stock?
IMO stock was bought by a variety of institutional investors in the last quarter, including Intact Investment Management Inc., State of Wisconsin Investment Board, M&G Investment Management Ltd., KCS Wealth Advisory, Graves Light Private Wealth Management Inc., Pacer Advisors Inc., Crossmark Global Holdings Inc., and Zurcher Kantonalbank Zurich Cantonalbank .
How do I buy shares of Imperial Oil?
Shares of IMO can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
What is Imperial Oil’s stock price today?
One share of IMO stock can currently be purchased for approximately $20.16.
More information
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Frequently asked questions
How can you buy Imperial Oil stock on the internet?
You can easily buy Imperial Oil stocks with one of the well known regulated brokers on the internet. You can open an account within 5 minutes, make deposits with countless payment providers and trade with professional tools on their platform. At the moment, our visitors rate eToro as the most popular choice.
Another option is using a regulated broker like IC Markets or Interactive Brokers. You can an account with these brokers and start buying or trading AMEX:IMO stocks in a safe and complete environment to trade in.
Where to buy Imperial Oil stock?
You will first want to find a licensed broker that supports AMEX:IMO stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading AMEX:IMO stocks in a safe and complete environment.
Is AMEX:IMO stock a good investment?
As with any other asset, there is an element of risk associated with buying AMEX:IMO stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Imperial Oil stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with AMEX:IMO is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Imperial Oil stock.
How do you trade Imperial Oil stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Imperial Oil stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on AMEX:IMO stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Imperial Oil stock?
To sell your AMEX:IMO stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Imperial Oil stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading AMEX:IMO stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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