12/03/2024
Imperial announces third quarter 2024 financial and operating results
November 01, 2024
Quarterly net income of $1,237 million
Cash flows from operating activities of $1,487 million and cash flows from operating activities excluding working capital 1 of $1,797 million
Upstream production of 447,000 gross oil-equivalent barrels per day, highest third quarter in over 30 years
Kearl production of 295,000 total gross oil-equivalent barrels per day (209,000 barrels Imperial's share), matching highest-ever third quarter production
Cold Lake production of 147,000 gross oil-equivalent barrels per day, reflecting a strong initial ramp up of the Grand Rapids project
Refinery capacity utilization of 90 percent inclusive of the safe ex*****on of planned turnaround activities at Nanticoke and Strathcona
Returned $1,528 million to shareholders with $322 million in dividend payments and $1,206 million of accelerated share repurchases
CALGARY, Alberta--(BUSINESS WIRE)-- Imperial (TSE: IMO) (NYSE American: IMO):