Imperial Oil Limited Q2 2025 Financial Results

SEC Filing 8-K (0000049938-25-000043)

Imperial Oil Limited reported its second quarter 2025 financial and operating results, with a net income of $949 million, compared to $1,133 million in the same period last year. Cash flows from operating activities were $1,465 million, slightly down from $1,629 million in Q2 2024. The company achieved its highest second-quarter upstream production in over 30 years, averaging 427,000 gross oil-equivalent barrels per day. Kearl, one of its key assets, recorded its highest-ever second-quarter production at 275,000 total gross oil-equivalent barrels per day. Imperial also completed the construction and commissioning of Canada's largest renewable diesel facility at the Strathcona refinery. The company renewed its annual normal course issuer bid, allowing the repurchase of up to five percent of its outstanding common shares, with plans to accelerate purchases to complete the program before year-end.