Imperial Oil falls on Q2 profit drop

Imperial Oil

01/08/2025 15:01

** Shares of Canadian oil producer Imperial Oil IMO.TO down ~2% at C$113.31

** Company posts a fall in Q2 profit, hurt by lower crude prices and a decline in refinery throughput

** Company reports net income of C$949 million ($688.83 million) compared with C$1.13 billon, a year earlier

** IMO's total throughput volumes fell to 376,000 barrels per day in Q2, from 387,000 bpd a year ago

** Including session's moves, IMO shares up about 28% YTD

($1 = 1.3777 Canadian dollars)

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))