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Imperial Oil Limited (IMO)

NYSE American - Nasdaq Real-time price. Currency in USD
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51.01+0.27 (+0.53%)
As of 10:10AM EDT. Market open.

Imperial Oil Limited

505 Quarry Park Boulevard S.E.
Calgary, AB T2C 5N1
Canada

https://www.imperialoil.ca

Sector(s)Energy
IndustryOil & Gas Integrated
Full-time employees5,400

Key executives

NameTitlePayExercisedYear born
Mr. Bradley William Corson BSChairman, Pres & CEO3.15MN/A1962
Mr. Daniel E. LyonsSr. VP of Fin. & Admin. and Controller1.44MN/A1963
Mr. Simon P. YoungerSr. VP of Upstream930.47kN/A1976
Dave HughesMang. of Investor RelationsN/AN/AN/A
Mr. Ian R. LaingVP, Gen. Counsel & Corp. Sec.N/AN/A1974
Ms. Sherri L. EversVP of Commercial & Corp. Devel.N/AN/A1977
Ms. Kristi L. DesjardinsVP of HRN/AN/A1974
Ms. Kit Yee LeeTreasurerN/AN/A1977
Kimberly J. HaasVP of Chemicals & Sarnia Chemical Plant Mang.N/AN/A1974
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores for, and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2021, this segment had 386 million oil-equivalent barrels of proved undeveloped reserves. The Downstream segment is involved in the transportation and refining of crude oil, blending of refined products and the distribution, and marketing of refined products. It also transports crude oil to refineries by contracted pipelines, common carrier pipelines, and rail; maintains a distribution system to move petroleum products to market by pipeline, tanker, rail, and road transport; and owns and operates fuel terminals, natural gas liquids, and products pipelines in Alberta, Manitoba, and Ontario. In addition, this segment markets and supplies petroleum products to motoring public through approximately 2,400 Esso and Mobil-branded sites. Further, it sells petroleum products, including fuel, asphalt, and lubricants for industrial and transportation customers, independent marketers, and resellers, as well as other refiners serving the agriculture, residential heating, and commercial markets through branded fuel and lubricant resellers. The Chemical segment manufactures and markets various petrochemicals, benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin. The company was incorporated in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.

Corporate governance

Imperial Oil Limited’s ISS governance QualityScore as of 1 May 2022 is 8. The pillar scores are Audit: 5; Board: 9; Shareholder rights: 6; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.