February 1, 2013 / 1:27 PM / in 5 years

Imperial Oil profit rises on higher refining margins

Feb 1 (Reuters) - Imperial Oil Ltd, Canada’s second-largest oil producer and refiner, said fourth-quarter profit rose 7 percent, helped by higher refining margins.

Imperial, majority-owned by Exxon Mobil Corp and best known for its national chain of Esso service stations, said earnings rose to C$1.08 billion ($1.08 billion), or C$1.26 per share, from C$1.01 billion, or C$1.18 per share, a year earlier.

Analysts on average had expected earnings of 99 Canadian cents per share, according to Thomson Reuters I/B/E/S.

Revenue fell 4 percent to C$7.8 billion.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below