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blue-chip

Business Insights on One Energy Stock – IMO

Mar 11, 2024 | Team Kalkine
Business Insights on One Energy Stock – IMO

IMO:TSX
Investment Type
Large-cap
Risk Level
Action
Rec. Price (CA$)

Imperial Oil Limited

Company Overview:

Imperial Oil (TSX: IMO) is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada.

As per the previous Report published on “IMO” as on 09th February 2024, Kalkine provided a “Speculative Buy” stance is given on the stock at the stock price of CAD 79.27.

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Disclaimer-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.