Imperial Oil advances CCS project and Imperial Oil stock gains 2.15 percent

Published on 10/09/2026 at 16:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Imperial Oil targets 6 million tonnes of CCS capture by 2035. Imperial Oil stock trades at EUR 111.70 on October 9, 2026 versus EUR 109.35.

Key points in brief

Imperial Oil advanced the Pathways Carbon Capture and Storage project with a 6 million tonne annual capture target by 2035.
The company reported Q2 2026 revenue of USD 11.31 billion, up 43.00 percent year over year, according to MarketBeat.
Imperial Oil stock was trading at EUR 111.70 at Lang & Schwarz on October 9, 2026, plus 2.15 percent versus EUR 109.35.
Q3 2026 results are scheduled for October 30, 2026, before the market opens.

IMO, CA4530384086, Illustration mit AI erstellt.

Imperial Oil (CA4530384086) was trading at EUR 111.70 at Lang & Schwarz on October 9, 2026, up 2.15 percent versus the prior close of EUR 109.35. On the same date, Simply Wall St reported that Imperial Oil and other Canadian oil producers had agreed to advance the Pathways Carbon Capture and Storage project, targeting 6 million tonnes of annual capture by 2035 and 16 million tonnes by 2045.

What does the CCS plan change?

The project links Imperial Oil's oil sands operations with infrastructure intended to reduce emissions, but the agreement remains subject to binding agreements and regulatory approvals. That condition makes the initiative strategically important while leaving its near-term earnings impact dependent on project execution and future capital decisions.

For investors, the immediate contrast is valuation versus operating performance. Simply Wall St cited a P/E ratio of 11.04 and a dividend yield of 1.99 percent on October 9, 2026. The same analysis described refining margins, maintenance execution and spending discipline as nearer-term earnings drivers than a carbon project still years from a final investment decision.

Three milestones shape the story

On July 31, 2026, MarketBeat reported Q2 2026 earnings per share of USD 4.52 against a USD 2.99 consensus estimate, while revenue reached USD 11.31 billion, up 43.00 percent year over year. On October 5, 2026, Yahoo Finance reported that the Kearl oil sands operation had reached 1 billion barrels of cumulative production. The October 9 CCS agreement is the latest of the three dated milestones.

What dates carry the next estimates?

MarketBeat scheduled Imperial Oil's Q3 2026 earnings announcement for October 30, 2026, before the market opens, with consensus earnings of USD 3.92 per share and revenue of USD 11.23 billion. MarketWatch lists January 29, 2027, for the full-year 2026 earnings report.

Stock gains as CCS plan advances

On the Toronto Stock Exchange, Imperial Oil was last at CAD 177.87 at 10:04 a.m. ET on October 9, 2026, compared with CAD 174.74 previously. The primary-market quote carried a 52-week range of CAD 114.75 to CAD 191.76, while market capitalization stood at CAD 86.0 billion on that date.

Imperial Oil was trading at EUR 111.70 at Lang & Schwarz on October 9, 2026 at 4:01 p.m. CEST, plus 2.15 percent versus the Lang & Schwarz prior close of EUR 109.35 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Imperial Oil stock.