IMO

Imperial Oil Ltd.

Halal Rating :
Comfortable
Last Price $67.5
Market Cap $35.33b
1D Change

0.58 %

1 Year Change

4.9 %

Next Earnings Date

Yet to be announced

Company Overview

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Chemical segment manufactures and markets various petrochemicals, benzene, aromatic and aliphatic solvents, plasticizer intermediates, and polyethylene resin.

Revenue Sources

Pass

Based on the financial data and company reports, Imperial Oil's primary revenue sources come from legitimate business activities in oil and gas exploration, production, refining, and marketing. These activities involve real asset exchanges and value creation through the production and sale of energy products. The company does not derive significant revenue from prohibited activities such as gambling, alcohol, tobacco, or other haram sources.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $9.81b $8.63b - $8.14m 0.00% 0.09%
June 30, 2024 $9.78b $8.69b - $10.23m 0.00% 0.12%
March 31, 2024 $9.07b $7.91b - $8.86m 0.00% 0.11%
Dec. 31, 2023 $10.43b $9.04b - $14.31m 0.00% 0.16%

Analyzing the last four quarters of financial data, Imperial Oil's interest expenses relative to total expenses have been consistently minimal. Interest expense ratios for each quarter were well below the 5% threshold, ranging from approximately 0.09% to 0.16% of total expenses. This indicates that interest-bearing debt plays a minor role in the company's operations.

Operational Ethics

Pass

Based on available information from company reports and public sources, Imperial Oil operates primarily in Canada and does not appear to have significant ongoing business relationships with entities involved in human rights violations. There is no evidence of current material operations or relationships with Israel or the Chinese Communist Party.

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