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Canada's Imperial Oil posts fall in fourth-quarter profit
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Canada's Imperial Oil posts fall in fourth-quarter profit
Jan 31, 2025 5:21 AM

Jan 31 (Reuters) - Canadian oil producer Imperial Oil ( IMO )

posted a fall in fourth-quarter profit on Friday, hurt

by lower commodity prices.

The Calgary, Alberta-based company said its net income fell

to C$1.23 billion ($849.39 million), or C$2.37 per share, in the

quarter ended Dec. 31, from C$1.37 billion, or C$2.47 per share,

last year.

($1 = 1.4481 Canadian dollars)

(Reporting by Vallari Srivastava in Bengaluru; Editing by

Devika Syamnath)

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