CALGARY – Imperial Oil Ltd. raised its quarterly dividend by 20 per cent and reported its fourth-quarter profit fell compared with a year ago as it saw lower oil prices.
The company says it will now pay a quarterly dividend of 87 cents per share, up from 72 cents per share.
Imperial says it earned $492 million or $1.00 per diluted share for the final quarter of 2025 quarter compared with a profit of $1.23 billion or $2.37 per diluted share a year earlier.
On an adjusted basis, Imperial says it earned $1.97 per diluted share in its latest quarter, down from an adjusted profit of $2.37 per diluted share a year earlier.
Revenue and other income totalled $11.28 billion, down from $12.61 billion in the fourth quarter of 2024.
Upstream production in the quarter averaged 444,000 gross oil-equivalent barrels per day, compared with 460,000 a year earlier. Refinery throughput averaged 408,000 barrels per day, compared with 411,000 barrels per day in the fourth quarter of 2024.
This report by The Canadian Press was first published Jan. 30, 2026.
Companies in this story: (TSX:IMO)