Canada's Imperial Oil posts lower fourth-quarter profit

Imperial Oil

30/01/2026 12:59

Jan 30 (Reuters) - Canadian oil producer Imperial Oil IMO.TO posted a fall in fourth-quarter profit on Friday, hurt by a drop in crude prices.

The Calgary, Alberta-based company said its net income fell to C$492 million ($364.31 million), or C$1.00 per share, in the quarter ended December 31,from C$1.23 billion, or C$2.37 per share, last year.

($1 = 1.3505 Canadian dollars)

 (Reporting by Pooja Menon in Bengaluru; Editing by Anil D'Silva)

 ((Pooja.Menon@thomsonreuters.com;))