Canada's Imperial Oil posts fall in fourth-quarter profit

Imperial Oil

31/01/2025 12:59

Jan 31 (Reuters) - Canadian oil producer Imperial Oil
 IMO.TO  posted a fall in fourth-quarter profit on Friday, hurt
by lower commodity prices.
    The Calgary, Alberta-based company said its net income fell
to C$1.23 billion ($849.39 million), or C$2.37 per share, in the
quarter ended Dec. 31, from C$1.37 billion, or C$2.47 per share,
last year. 

($1 = 1.4481 Canadian dollars)

 (Reporting by Vallari Srivastava in Bengaluru; Editing by
Devika Syamnath)
 ((Srivastava.Vallari@thomsonreuters.com;))