Who Owns Esso?
Esso is owned by Imperial Oil Limited, which is majority-owned (69.6%) by ExxonMobil. Esso operates as Imperial Oil's flagship retail brand for gasoline stations and convenience stores across Canada.
Parent Company
Imperial Oil Limited
Founded
1911
Status
Publicly Traded
Headquarters
Calgary, Alberta, Canada
Who Owns Esso?
- Parent Company: Imperial Oil Limited
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: TSX, AMEX: IMO
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Esso | Imperial Oil Limited | Wholly owned |
History of Esso
- Founded: 1911
- Founders: Standard Oil of New Jersey
The Esso brand originated in 1911 as a trademark of Standard Oil of New Jersey, one of the companies that emerged from the breakup of Standard Oil. This founding vision demonstrated exceptional insight into the growing demand for petroleum solutions while establishing a distinctive approach that would define the fuel category for generations. The name "Esso" is derived from the pronunciation of "S.O." for Standard Oil, creating a distinctive brand identity that would become recognizable across North America. This strategic positioning demonstrated Esso's exceptional ability to create differentiated fuel solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
Esso was introduced in Canada through Imperial Oil, which had been majority-owned by Standard Oil of New Jersey since 1898. This strategic integration demonstrated Esso's exceptional ability to integrate into larger petroleum corporations while maintaining its core brand identity and cultural significance in the fuel industry. The brand quickly became established as Imperial Oil's primary retail trademark for gasoline and petroleum products throughout Canada. This strategic partnership demonstrated Esso's exceptional ability to leverage corporate resources while maintaining its distinct fuel identity and market leadership.
Throughout the 20th century, Esso expanded its presence across Canada, establishing service stations in communities from coast to coast. This period of excellence demonstrated Esso's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple fuel segments. The brand became known for quality petroleum products, convenient locations, and distinctive red, white, and blue branding. This strategic diversification demonstrated Esso's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the petroleum industry.
In the 1970s, when ExxonMobil (then Exxon) standardized its branding across North America, Canada retained the Esso name due to its strong brand recognition and market position. This continued evolution demonstrated Esso's exceptional ability to maintain market relevance while adapting to changing fuel requirements and corporate dynamics. This decision preserved Esso's Canadian identity while maintaining its connection to the ExxonMobil family of companies. This continued excellence demonstrates Esso's exceptional ability to maintain market leadership while adapting to changing fuel dynamics and regulatory requirements. The brand's continued success represents a significant milestone in the evolution of petroleum and consumer-focused fuel solutions.
About Imperial Oil Limited
Imperial Oil operates as Canada's second-largest integrated oil company with operations spanning the entire petroleum value chain. The company's business includes upstream exploration and production, downstream refining and marketing, and petrochemical manufacturing.
The company's upstream operations focus primarily on the Alberta oil sands, where Imperial Oil operates the Kearl oil sands mining joint venture with ExxonMobil and owns a 25% stake in Syncrude, one of the world's largest oil sands operations. The company also maintains conventional oil and natural gas production in Western Canada.
Downstream operations include three refineries in Canada (Strathcona, Nanticoke, and Dartmouth) and an extensive retail network of Esso-branded service stations across the country. Imperial Oil is also a major petrochemical producer, manufacturing various chemical products for industrial and consumer applications.
- Founded: 1880
- Headquarters: Calgary, Alberta, Canada
- Company Type: Publicly Traded
- Stock: TSX, AMEX: IMO
Where Is Esso Made / Based?
- Headquarters: Calgary, Alberta, Canada
- Manufacturing / Operations: Canada (refineries in Alberta, Ontario, Nova Scotia)
Esso Ownership: Pros & Cons
Advantages
- +Strong brand recognition and consumer trust across Canada
- +Extensive retail network providing convenient fuel access
- +Backed by Imperial Oil's refining and supply capabilities
- +Integration with ExxonMobil's global technology and standards
- +Loyalty programs and payment systems enhancing customer experience
Considerations
- -Dependence on fossil fuel markets facing environmental pressures
- -Competition from other major fuel retailers and discount brands
- -Regulatory challenges regarding fuel pricing and environmental standards
- -Transition challenges toward electric vehicle adoption
- -Foreign ownership (American) through ExxonMobil control
Frequently Asked Questions About Esso
Competitors to Esso
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Suncor Energy | Canada | 1975 | Mass Market | Global | All Genders | |
| Exxon Mobil | USA | 1972 | Mass Market | North America | All Genders | |
| Chevron | USA | 1901 | Mass Market | North America | All Genders |
Learn More About Competitors

Petro-Canada
Owned by Suncor Energy Inc.
Canadian gasoline and convenience store brand operated by Suncor Energy, formerly a federal Crown corporation with service stations nationwide.

Exxon
Owned by Exxon Mobil Corporation
American petroleum fuel brand providing gasoline and diesel products globally, owned by Exxon Mobil Corporation (NYSE: XOM), which reported full-year 2025 earnings with Q4 2025 earnings of $6.5 billion and cash capital expenditures of $29.0 billion.

Texaco
Owned by Chevron Corporation
American fuel and convenience store brand known for its distinctive red star logo, gasoline stations, and automotive products across the United States and select international markets.
Competitive Analysis
Market Positioning: Esso competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Imperial Oil Limited Stock Information
Jobs at Imperial Oil Limited
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