Imperial Oil Q2 FY26 net income more than doubled to C$ 2.19 billion; revenue rises 43% to C$ 16.06 billion

• Imperial Oil posted Q2 2026 net income of CAD 2.19 billion, more than doubled from a year earlier, with diluted EPS of CAD 4.52.
• Cash flow from operations rose to CAD 2.7 billion, up 84.57% year over year, while capital and exploration spending increased 12.26% to CAD 531 million.
• Upstream output averaged 414,000 gross oil-equivalent bpd, down 3.04% from a year earlier, while refinery throughput fell 11.97% to 331,000 bpd.
• Management said it plans to accelerate NCIB share repurchases, targeting completion before year-end, after renewing a program for up to 5% of shares.
• Imperial cut 2026 refinery throughput guidance to 370,000–380,000 bpd and utilization to 85%–88% due to unplanned downtime and Strathcona rail logistics issues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Imperial Oil Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260731161491) on July 31, 2026, and is solely responsible for the information contained therein.