The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jul 31, 2026
· 3 min read
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Imperial Oil beats quarterly profit estimates as crude rally lifts earnings
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Imperial Oil beats quarterly profit estimates as crude rally lifts earnings
REUTERS
PUBLISHED 2 HOURS AGO
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Canadian oil producer Imperial Oil (IMO-T -1.16%
decrease
) more than doubled its second-quarter profit and beat Wall Street estimates on Friday, as a surge in crude prices helped offset lower oil sands output and the impact of planned refinery maintenance.
Earlier this week, peer Cenovus Energy (CVE-T -0.61%
decrease
) also posted a sharp jump in …
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