Imperial Oil posts loss, hurt by wildfires in Alberta

Fri Jul 29, 2016 8:09am EDT
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July 29(Reuters) - Imperial Oil Ltd, Canada's No.2 integrated oil producer and refiner, reported a quarterly loss due to the impact of wildfires in Fort McMurray, Alberta.

The company, 69.6 percent owned by Exxon Mobil Corp, reported net loss of C$181 million ($137.57 million), or 21 Canadian cents per share, in the second quarter ended June 30, compared with a profit of C$120 million, or 14 Canadian cents per share, a year ago. ($1 = 1.3157 Canadian dollars) (Reporting by Swetha Gopinath and Nia Williams; Editing by Anil D'Silva)