IMPERIAL OIL LTD SEC Filings

Imperial Oil Limited filed a current report announcing that it will hold its 2026 first quarter earnings call on May 1, 2026, following the release of first quarter results that morning. The call will begin at 9:00 a.m. MT and will be available via webcast.

Chairman, president and CEO John Whelan and vice-president, investor relations Peter Shaw will host the call, with brief prepared remarks followed by questions from covering analysts. The webcast will be accessible through Imperial’s website and will remain available for one year.

The company notes that if it encounters technical difficulties with the EDGAR system or cannot complete its earnings press release filing at the intended time, investors should instead look for the information on Imperial’s website or Canada’s SEDAR+ system, with the company intending to furnish the information on EDGAR as soon as possible.

Imperial Oil Limited provides a detailed overview of its 2025 operations, reserves and key risks. Net proved reserves totaled 2,036 million oil-equivalent barrels, all in Canada, with 1,740 million barrels of bitumen and 288 million barrels of synthetic crude oil. About 4.9 percent, or 100 million oil-equivalent barrels, were proved undeveloped, mainly at Cold Lake and Kearl.

Average 2025 net production reached 387 thousand oil-equivalent barrels per day, up from 371 thousand in 2024, driven by bitumen output of 310 thousand barrels per day and synthetic crude oil of 68 thousand barrels per day. Net natural gas production averaged 29 million cubic feet per day, with 8 million cubic feet per day available for sale.

Average realized prices fell, with bitumen at C$67.01 per barrel and synthetic crude oil at C$88.99 per barrel, while total unit production costs declined to C$34.54 per barrel on an oil-equivalent basis. The company invested about C$291 million to advance proved undeveloped reserves and has made about C$8.0 billion of environmental capital and operating expenditures over the past five years, including approximately C$1.7 billion in 2025 and an expected C$2.0 billion in 2026.

Imperial outlines major upstream projects such as Kearl, Cold Lake, Syncrude and the Aspen in-situ opportunity, along with pilots like Enhanced Bitumen Recovery Technology. It highlights extensive Canadian refining and marketing operations, with three refineries running at 93 percent utilization and 2025 net petroleum product sales of 470 thousand barrels per day.

The company also discloses a significant workforce restructuring announced in September 2025, planning to centralize additional corporate and technical activities in global business and technology centres and reduce employee roles by approximately 20 percent by the end of 2027. A comprehensive risk section emphasizes exposure to commodity price volatility, Canadian-specific heavy crude differentials, evolving climate and environmental regulation, carbon pricing regimes, and government policies affecting large energy projects and the energy transition.

FMR LLC has filed an amended Schedule 13G reporting beneficial ownership of 56,093,576.60 shares of Imperial Oil Ltd. common stock, equal to 11.4% of the class as of the triggering date. FMR reports sole voting power over 42,615,029.10 shares and sole dispositive power over 56,093,576.60 shares.

Abigail P. Johnson is also listed as a reporting person with sole dispositive power over the same 56,093,576.60 shares and an 11.4% ownership interest. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Imperial Oil.

Imperial Oil Limited filed a current report to note that it has released a press release with information on its financial condition and operating results for the fiscal quarter ended December 31, 2025. The release, dated January 30, 2026, is furnished as Exhibit 99.1 and contains the company’s estimated fourth quarter financial and operating results.

Imperial Oil Limited announced that its board of directors declared a quarterly cash dividend of 87 cents per share on its common shares for the first quarter of 2026. The dividend will be paid on April 1, 2026 to shareholders of record at the close of business on March 5, 2026.

Imperial Oil Limited filed a report to let investors know about its upcoming fourth‑quarter earnings conference call. The company plans to hold the call at 9:00 a.m. MT on January 30, 2026, after it releases its fourth‑quarter earnings earlier that day. The report notes that this information was shared by press release, which is included as an exhibit for reference.

Imperial Oil Limited reported that on December 15, 2025 it issued a news release providing an update on its corporate guidance outlook for 2026. The company furnished this information as a Regulation FD disclosure so that all market participants have access to the same outlook.

The news release is included as Exhibit 99.1 to this report, with an additional cover page data file listed as Exhibit 104. The table of registered securities indicates that no class of the company’s securities is registered for trading on a U.S. exchange under Section 12(b) of the Exchange Act.

Imperial Oil Limited (IMO) filed an amended report to add specific compensation details for incoming leader J.R. (John) Whelan. In connection with his appointment as president effective April 1, 2025 and his additional roles as chairman and chief executive officer effective at the conclusion of the May 8, 2025 annual meeting, Whelan received a cash bonus of $1,328,537 on November 25, 2025, payable December 4, 2025, and a grant of 95,400 restricted stock units. The rest of the previously disclosed leadership transition, including the planned retirement of current chairman, president and CEO B.W. (Brad) Corson, remains unchanged.

Imperial Oil Limited reported third‑quarter results showing lower profitability year over year, primarily due to discrete items. Net income was C$539 million on C$12,049 million of total revenues and other income, with diluted EPS of C$1.07. Results include a C$406 million non‑cash impairment tied to the planned sale of the Calgary Imperial campus and a C$330 million restructuring charge related to workforce reductions.

Operations were solid despite softer commodity prices: Upstream net income was C$728 million with higher Kearl production, and Downstream net income was C$444 million as industry refining margins improved. Cash flow from operating activities reached C$1,798 million, supporting capital spending and returns. The company paid C$366 million in dividends and repurchased 12.2 million shares for C$1,469 million under its normal course issuer bid, and it plans to complete the remaining authorized repurchases prior to year end. Common shares outstanding were 496,861,027 as of September 30, 2025.