Business

Imperial provides 2026 corporate guidance outlook

Plans advance strategy to increase cash flow and deliver industry-leading shareholder returns ...

articleImperial Oil LimitedDecember 15, 20254/company/imperial-oil-ltd/news/imperial-provides-2026-corporate-guidance-outlook
Imperial provides 2026 corporate guidance outlook

About this update from Imperial Oil Limited

[{"type":"text","content":"Imperial provides 2026 corporate guidance outlook\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadl6 { padding-left: 30px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth30 { width: 30% }\n.bwwidth70 { width: 70% }\n \n\n\n\n\n Plans advance strategy to increase cash flow and deliver industry-leading shareholder returns\n \n\n Capital and exploration expenditures\n \n 1\n \n forecasted between $2.0 and $2.2B, focused on strengthening profitability\n \n\n Upstream production forecasted between 441,000 and 460,000 gross oil equivalent barrels per day\n \n\n Downstream throughput forecasted between 395,000 and 405,000 barrels per day; 91 - 93% utilization rate\n \n\n\n\n\n Imperial (TSE: IMO, NYSE American: IMO) today provided its corporate guidance outlook for 2026. The company’s strategy remains focused on maximizing the value of its existing assets and progressing advantaged high-value growth opportunities while delivering industry-leading returns to shareholders.\n \n\n “Our 2026 plan builds on Imperial’s strong foundation and positions the company to structurally increase cash flow, by progressing towards volume and unit cash cost\n \n 2\n \n targets at Kearl and Cold Lake,” said John Whelan, chairman, president and chief executive officer. “In the Downstream, we remain focused on delivering industry-leading operational performance, while enhancing logistics and processing flexibility to further improve margins and long-term resilience.”\n \n\n Capital and exploration expenditures\n \n 1\n \n are forecasted between $2.0 to $2.2 billion and are focused on projects to strengthen long-term profitability. In the Upstream, capital expenditures will progress secondary bitumen recover...

More updates from Imperial Oil Limited