Shares of Imperial Oil Limited (NYSE American:IMO) traded at a new 52-week high today of $31.42. This new high was reached on approximately average trading volume as 797,000 shares traded hands, while the average 30-day volume is approximately 702,000 shares.
Imperial Oil Limited (NYSE American:IMO) is currently priced 6.0% above its average consensus analyst price target of $29.45.
Imperial Oil is one of Canada’s largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d.
In the past 52 weeks, Imperial Oil Limited share prices are bracketed by a low of $11.16 and a high of $31.42 and is now at $31.34, 181% above that low price.
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