Imperial Oil dips on fourth-quarter profit fall

Shares of Canadian oil producer Imperial Oil IMO.TO down ~4% at C$137.22

Company posts a fall in fourth-quarter profit, hurt by lower production and a drop in crude prices

Company reports net income of C$492 million ($364.31 million), or C$1.00 per share, down from C$1.23 billion, or C$2.37 per share, last year

Co's upstream production for the quarter was 444,000 gross barrels of oil equivalent per day (boepd), lower than 460,000 gross boepd a year earlier

IMO's total throughput volumes fell to 408,000 barrels per day during the fourth quarter from 411,000 bpd a year ago

In 2025, IMO was up ~34%