Canada's Imperial Oil posts rise in first-quarter profit
ReutersMay 2, 2025 11:58 AM
May 2 (Reuters) - Canadian oil producer Imperial Oil IMO.TO posted a rise in first-quarter profit on Friday, buoyed by improved refining margins.
The Calgary, Alberta-based company said its net income rose to C$1.29 billion ($933.23 million), or C$2.52 per share, in the quarter ended March 31, from C$1.2 billion, or C$2.23 per share, last year.
($1 = 1.3823 Canadian dollars)
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