10:18 AM EDT, 03/18/2024 (MT Newswires) -- RBC Capital Markets noted over the weekend Imperial Oil Ltd. ( IMO ) 's decision to implement temporary transportation measures to maintain regular fuel supplies to the Winnipeg region following unplanned pipeline maintenance in the area.

The pipeline will be out of service for three months starting mid-March, RBC said.

The company will leverage its supply network and arrange alternate forms of transportation through truck and rail to continue to move fuel into the region. It will also determine other terminal locations for customers to pick up product, RBC added.

RBC gave Imperial Oil ( IMO ) a sector perform rating with a $85.00 price target.

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