Imperial Oil (NASDAQ:IMO) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

Separately, AltaCorp Capital lowered shares of Imperial Oil from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 7th.

IMO opened at $26.87 on Tuesday. Imperial Oil has a fifty-two week low of $24.29 and a fifty-two week high of $34.56.

Imperial Oil (NASDAQ:IMO) last released its quarterly earnings data on Friday, February 1st. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.11. The business had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $8.27 billion.

Imperial Oil Company Profile

Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2017, this segment had 450 million oil-equivalent barrels of proved undeveloped reserves.

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