Pre-market
Loading markets…

Advertisement

Stocks

Imperial Oil Ltd (IMO.TO) Gains 5% Over the Week — What’s Driving the Momentum?

By Qayyum Rajan, CFA -

Follow live quotes and coverage.

Stocks & ETFs:IMO.TO

Follow IMO

Photos provided by Pexels

Imperial Oil Ltd saw its stock rise by 5% over the past week, buoyed by strong sector performance and positive sentiment around oil prices. This upward trend is a notable shift, especially as the company approaches its 52-week high.

In the last week, Imperial Oil Ltd's stock price climbed significantly, reflecting broader positive trends in the energy sector. As oil prices stabilize and show signs of recovery, investors are taking notice of Imperial's strong fundamentals and growth potential. With a market cap of CA$91.18 billion, the company is well-positioned to capitalize on the current market dynamics.

Advertisement

Imperial Oil Ltd

IMO.TO

Full stock page →

IMO.TO

Imperial Oil Ltd

Source:WealthAwesomeWealthAwesome
↑ $8.18 (4.88%)
120 day period
$157.44$173.27$189.09Apr 21Jul 16Oct 9

Market cap

$85.00B

P/E

20.6x

Div. yield

1.82%

Div. / share

$3.18

52W high

$190.31

52W low

$113.03

1W change

-0.28%

Beta

0.91

Analyst Price Targets

Based on analyst covering IMO · as of Oct 12, 2026

📉

Wall Street analysts forecast IMO stock price to fall 9.0% over the next 12 months.

Consensus

Moderately Bearish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$159.94

-9.0% Upside

Previously C$159.35 on Oct 2, 2026

Current Price

C$175.76

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on IMO's historical volatility

HistoricalForecast68%95%
C$135.18C$160.23C$185.29C$210.34C$235.40C$260.45TodayJun 3Aug 7Oct 9Nov 21Jan 4Feb 16

30-Day Vol

24.9%

Annualized

90-Day Vol

25.5%

Annualized

Trend (90d)

+18.4%

Annualized drift

90d Mean

C$187.72

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$179.66C$164.86 – C$195.79
60 trading daysC$183.65C$162.62 – C$207.40
90 trading daysC$187.72C$161.74 – C$217.87

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Advertisement

Investor takeaway: Long-term investors may find Imperial Oil's recent performance indicative of a solid investment amid a recovering energy sector.

What the Weekly Gains Mean for Imperial Oil's Valuation

The recent 5% gain places Imperial Oil's stock closer to its 52-week high of CA$190.81, suggesting strong investor confidence. With a P/E ratio of 22.03, the stock remains competitively priced against its peers, especially as oil prices stabilize, which could further enhance earnings.

Bull case

  • Strong Sector Performance: The energy sector is benefiting from rising oil prices, which directly helps Imperial Oil.
  • Solid Fundamentals: With a P/E ratio of 22.03 and a forward P/E of 14.51, the company shows strong earnings potential.
  • Dividend Yield: The current dividend yield of 1.70% offers income support for investors while prices appreciate.

Bear case

  • Market Volatility: Changes in oil prices can affect revenue and profit margins, creating uncertainty.
  • Regulatory Risks: Ongoing changes in environmental regulations could impact operational costs and profitability.
  • High Valuation: With a P/B ratio of 3.69x, some investors might see the stock as overvalued compared to its book value.

Why Oil Prices Matter for Imperial Oil

Advertisement

The recent uptick in oil prices has played a significant role in Imperial Oil's stock performance. As oil prices rise, companies like Imperial benefit from increased revenues and improved profit margins. This connection is particularly clear as the company approaches its 52-week high, showing that market sentiment favors energy stocks amid recovering demand.

Understanding Imperial Oil's Financial Health

With a market cap of CA$91.18 billion and a profit margin of 8.06%, Imperial Oil demonstrates solid financial health. The company's P/E ratio of 22.03 indicates that investors are willing to pay a premium for its earnings, reflecting confidence in its future growth potential. Additionally, the 1.70% dividend yield provides a steady income stream for investors, making it an attractive option in the current market.

What’s Next for Imperial Oil Investors?

As Imperial Oil continues to navigate the evolving energy landscape, investors should keep an eye on oil price trends and regulatory developments. The company’s ability to maintain profitability amid potential market fluctuations will be crucial. Upcoming earnings reports will also provide further insights into its operational performance and strategic initiatives, offering investors a clearer picture of its trajectory.

Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 19, 2026
Last Updated: October 7, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement