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Imperial Oil Ltd. (IMO.TO)

49.58 Down 1.42(2.78%) 4:00PM EST
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Imperial Oil Ltd.
237 Fourth Avenue SW
Calgary, AB T2P 3M9
Canada - Map
Phone: 800-567-3776

Index Membership:N/A
Sector:Basic Materials
Industry:Major Integrated Oil & Gas
Full Time Employees:5,300

Business Summary 

Imperial Oil Limited is engaged in the exploration for, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment is involved in the exploration and production of crude oil, natural gas, synthetic oil, and bitumen. Its primary conventional oil producing asset is the Norman Wells oil field in the Northwest Territories. The Downstream segment is engaged in the transportation and refining of crude oil, as well as blending, distribution, and marketing of refined products. The Chemical segment is involved in the manufacture and marketing of various petrochemicals, including ethylene, benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resins. As of December 31, 2013, Imperial Oil Limited had 1,509 million oil-equivalent barrels of proved undeveloped reserves. It also maintains a distribution system, including 22 primary terminals to handle bulk and packaged petroleum products moving from refineries to market by pipeline, tanker, rail, and road transport; and owns and operates natural gas liquids and products pipelines in Alberta, Manitoba, and Ontario, as well as holds interests in crude oil and products pipeline companies. In addition, the company sells petroleum products to motoring public through approximately 1,700 Esso retail service stations, of which approximately 470 were company owned or leased; and serves agriculture, residential heating, and small commercial markets through 28 branded agents and resellers, as well as sells petroleum products to industrial and commercial accounts, and other refiners and marketers. The company was founded in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.

Key Statistics

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Key Executives 
Mr. Richard M. Kruger , 54
Chairman, Chief Exec. Officer, Pres and Member of Contributions Committee
Mr. Paul J. Masschelin , 59
Chief Financial Officer, Principal Accounting Officer, Sr. VP of Fin. & Admin. and Controller
Mr. T. Glenn Scott , 50
Sr. VP of Upstream
Mr. Bradley Guy Merkel , 51
Vice-Pres of Fuels, Lubricants and Specialties Marketing
Mr. W. J. Hartnett Q.C,
Vice-Pres and Gen. Counsel
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in CAD.