Canada's Imperial Oil posts fall in fourth-quarter profit
ReutersJan 31, 2025 12:59 PM
Jan 31 (Reuters) - Canadian oil producer Imperial Oil IMO.TO posted a fall in fourth-quarter profit on Friday, hurt by lower commodity prices.
The Calgary, Alberta-based company said its net income fell to C$1.23 billion ($849.39 million), or C$2.37 per share, in the quarter ended Dec. 31, from C$1.37 billion, or C$2.47 per share, last year.
($1 = 1.4481 Canadian dollars)
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