Imperial Oil (IMO) Reports Q1 EPS of C$0.25
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Imperial announces first quarter 2020 financial and operating results
May 1, 2020 7:55 AM EDTÂ
CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSX: IMO):
Focused on worker health and safety while maintaining energy supply for Canadians during pandemic Financial results impacted by COVID-19 and depressed March crude prices Proactively adjusted business and capital plans in response to market environment Record first quarter production at Kearl and refinery throughput at Strathcona Net loss of $188 million including non-cash charges of $301 million, driven by low quarter-end prices Cash generated from operations of $423 million Cash balance of $1.4 billion at end of first quarter and strong liquidity Maintained quarterly... More