{"id":838481,"date":"2026-07-31T16:16:10","date_gmt":"2026-07-31T16:16:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/838481\/"},"modified":"2026-07-31T16:16:10","modified_gmt":"2026-07-31T16:16:10","slug":"imperial-oil-q2-profit-up-driven-by-higher-commodity-prices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/838481\/","title":{"rendered":"Imperial Oil Q2 profit up, driven by higher commodity prices"},"content":{"rendered":"<p>CALGARY \u2014 Imperial Oil Ltd. reported its second-quarter profit was up, primarily driven by higher commodity prices.<\/p>\n<p>The company says it earned $2.2 billion or $4.52 per diluted share for the quarter ending June 30 compared with a profit of $949 million or $1.86 per diluted share a year earlier.<\/p>\n<p>Revenue and other income totalled $16.06 billion, up from $11.23 billion in the second quarter of 2025.<\/p>\n<p>Upstream production in the quarter averaged 414,000 gross oil-equivalent barrels per day, compared with 427,000 a year earlier. <\/p>\n<p>Refinery throughput averaged 331,000 barrels per day, compared with 376,000 barrels per day in the second quarter of 2025.<\/p>\n<p>Imperial downgraded its refinery throughput guidance range for 2026 to 370,000 to 380,000 barrels per day from 395,000 to 405,000 barrels per day to reflect unplanned downtime and a rail logistic hurdle at Strathcona.<\/p>\n<p>This report by The Canadian Press was first published July 31, 2026.<\/p>\n<p>Companies in this story: (TSX:IMO)<\/p>\n<p>The Canadian Press<\/p>\n<p>\t\tKeep it Factual<\/p>\n<p>Add CityNews Calgary as a trusted source on Google to see more local stories from us.<\/p>\n<p>\t\t<a href=\"https:\/\/www.google.com\/preferences\/source?q=calgary.citynews.ca\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n\t\t<img loading=\"lazy\" decoding=\"async\" class=\"add-trusted-source-badge\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/1784110070_915_google-trusted-badge.png\" alt=\"Add as a preferred source on Google\" width=\"198\" height=\"63\"\/><br \/>\n\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"CALGARY \u2014 Imperial Oil Ltd. reported its second-quarter profit was up, primarily driven by higher commodity prices. The&hellip;\n","protected":false},"author":2,"featured_media":838482,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194293],"tags":[45,49,2798,48,14236,14237],"class_list":["post-838481","post","type-post","status-publish","format-standard","has-post-thumbnail","category-calgary","tag-business","tag-ca","tag-calgary","tag-canada","tag-oilgas","tag-utilities"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/838481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=838481"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/838481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/838482"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=838481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=838481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=838481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}