Imperial Oil stock: J.P. Morgan keeps Sell rating at CAD 167.00

Published on 10/22/2026 at 18:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 net income reached CAD 2.19 billion on July 31, 2026. Imperial Oil stock costs EUR 117.13 on October 22, 2026, down 2.35 percent versus Frankfurt close.

Analyst target and reporting date

J.P. Morgan maintained a Sell rating and a CAD 167.00 target on October 16, 2026.
Imperial Oil reported CAD 2.19 billion in second-quarter net income on July 31, 2026.
Imperial Oil stock costs EUR 117.13 at Lang & Schwarz on October 22, 2026 at 6:21 p.m. CEST, 2.35 percent below the Frankfurt close of October 21, 2026.
Third-quarter results are scheduled for October 30, 2026.

IMO, CA4530384086, Illustration mit AI erstellt.

Imperial Oil (ISIN CA4530384086) faces a cautious analyst signal before its next results: J.P. Morgan analyst Arun Jayaram maintained a Sell rating and a CAD 167.00 price target on October 16, 2026, according to Business Insider. Imperial Oil stock was trading at EUR 117.13 at Lang & Schwarz on October 22, 2026 at 6:21 p.m. CEST, down 2.35 percent versus the Frankfurt close of October 21, 2026.

Second-quarter profit sets the baseline

Imperial Oil reported CAD 2.19 billion in second-quarter net income, up from CAD 949 million a year earlier. Diluted earnings per share reached CAD 4.52, compared with CAD 1.86 in the second quarter of 2025, while revenue totaled CAD 15.98 billion. The figures come from the company's investor-relations page, which identifies Imperial Oil as listed on the TSX and NYSE American.

Operating cash flow reached CAD 2.70 billion in the second quarter of 2026. That combination of profit and cash generation gives the October reporting date a clear numerical benchmark, even as the J.P. Morgan target remains below the latest Canadian share price.

Canadian share price remains near its high

Imperial Oil traded at CAD 183.80 on the TSX at 12:28 p.m. ET on October 22, 2026, down CAD 6.73 or 3.53 percent on the day. The same quote showed a 52-week range of CAD 95.49 to CAD 192.40, placing the share 4.47 percent below its high. Trading volume stood at 171,991 shares.

The company had a market capitalization of CAD 88.9 billion and a price-to-earnings ratio of 20.54 on October 22, 2026. Its dividend yield was 2.00 percent. The Canadian share price and the euro quotation describe different listings and currencies and are not combined into one return calculation.

What does October 30 mean for valuation?

Imperial Oil is scheduled to release third-quarter 2026 results on October 30, 2026, followed by an earnings call, according to Business Wire. Investors will have the second-quarter figures as the comparison point: CAD 15.98 billion in revenue, CAD 2.19 billion in net income and CAD 4.52 in diluted earnings per share.

Comparison with peers

Imperial Oil: down 3.53 percent, P/E 20.54, market capitalization CAD 88.9 billion on October 22, 2026.

Exxon Mobil (NYSE, USD): down 0.99 percent, P/E 22.68, market capitalization USD 725.0 billion on October 22, 2026.

Chevron (NYSE, USD): down 0.88 percent, P/E 21.55, market capitalization USD 444.1 billion on October 22, 2026.

Price stays below the Frankfurt close

The euro quotation at Lang & Schwarz stood 2.35 percent below the Frankfurt close of October 21, 2026. On the TSX, Imperial Oil was 4.47 percent below its 52-week high of CAD 192.40 on October 22, 2026.

The further course of trading is shown by the continuously updated real-time quote of Imperial Oil stock.