Imperial Oil reports decline in fourth quarter profit as lower crude prices impact earnings

Imperial Oil reported fourth quarter net income of C$492 million, down from C$1.23 billion last year. The company cited a drop in crude prices for the decline.

Insights:
Imperial Oil Limited reported a decrease in its fourth-quarter net income on Friday, attributing the results to the impact of lower crude prices. For the quarter ended December 31, 2025, the Calgary, Alberta-based company posted net income of C$492 million, which is equivalent to C$1.00 per share. This represents a material change for the integrated oil and gas firm operating in Canada CACA.
General view of the Imperial Oil refinery in Sarnia, Ontario, Canada on March 20, 2021. REUTERS/Carlos Osorio/File Photo
General view of the Imperial Oil refinery in Sarnia, Ontario, Canada on March 20, 2021. REUTERS/Carlos Osorio/File Photo
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