Zacks upgrades Imperial Oil stock to Strong Buy

Published on 10/13/2026 at 11:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 net income reached CAD 2.19 billion versus CAD 949 million in Q2 2025. Imperial Oil stock costs EUR 110.53 on October 13, 2026 before October 30 results.

Zacks Research upgraded Imperial Oil from Hold to Strong Buy on October 8, 2026.
Second-quarter net income reached CAD 2.19 billion, compared with CAD 949 million a year earlier.
The Pathways CCS project targets 6 million tonnes of annual capture by 2035 and 16 million tonnes by 2045.
Imperial Oil stock was at EUR 110.53 at Lang & Schwarz on October 13, 2026, while third-quarter results are scheduled for October 30, 2026.

IMO, CA4530384086, Illustration mit AI erstellt.

Imperial Oil (ISIN CA4530384086) was trading at EUR 110.53 at Lang & Schwarz on October 13, 2026. According to MarketBeat on October 8, 2026, Zacks Research upgraded Imperial Oil from Hold to Strong Buy.

Zacks changes the rating

The upgrade stands against a broader cautious view. MarketBeat reported a consensus Reduce rating and a USD 116.00 average target from ten analysts, while the same report identified one Strong Buy, one Buy, three Hold and five Sell ratings.

The rating change follows a powerful second quarter. Imperial Oil's Q2 2026 net income reached CAD 2.19 billion, up from CAD 949 million in Q2 2025, while operating cash flow exceeded CAD 2.7 billion, according to Imperial Oil.

Three milestones shape the story

On July 31, 2026, Imperial Oil reported Q2 2026 net income of CAD 2.19 billion. On October 8, 2026, Zacks Research moved its rating from Hold to Strong Buy, as reported by MarketBeat. On October 9, 2026, Simply Wall St described Imperial Oil's agreement to advance the Pathways Carbon Capture and Storage project.

What does the CCS plan target?

The shared Pathways system targets 6 million tonnes of annual carbon capture by 2035 and a potential 16 million tonnes by 2045, according to Simply Wall St. The framework remains subject to binding agreements and approvals, so its financial effect is a longer-term strategic issue rather than a near-term earnings figure.

Dates investors can track

Imperial Oil is scheduled to report third-quarter 2026 results on October 30, 2026, according to Yahoo Finance. Binding agreements for the Pathways framework are targeted for November 15, 2026, according to PR Newswire.

Current euro quote

Imperial Oil was trading at EUR 110.53 at Lang & Schwarz on October 13, 2026 at 11:37 a.m. CEST. The primary listing is on the TSX and NYSE, while the latest finance snapshot put market capitalization at USD 60.9 billion and the 52-week range at USD 83.27 to USD 139.44 as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Imperial Oil stock.