All Brands Owned by Imperial Oil Limited

Who owns Imperial Oil?
Imperial Oil is majority-owned by ExxonMobil, which holds approximately 69.6 percent of outstanding shares. The remaining approximately 30.4 percent of shares are publicly traded on the Toronto Stock Exchange and NYSE American under ticker symbol IMO. By virtue of ExxonMobil's majority ownership, Imperial Oil is considered an entity which is not controlled by Canadians under Canadian law.

Is Imperial Oil publicly traded?
Yes, Imperial Oil is publicly traded on the Toronto Stock Exchange and NYSE American under ticker symbol IMO. While ExxonMobil holds a 69.6 percent majority ownership stake, the remaining shares are publicly traded. There are 509,044,963 common shares outstanding as of February 14, 2025.

Who is the CEO of Imperial Oil?
John Whelan is the Chairman, President, and CEO of Imperial Oil Limited. He succeeded Brad Corson on May 8, 2025, at the conclusion of the company's annual meeting of shareholders. Corson retired after a 42-year career at Imperial and ExxonMobil, having served as CEO since January 1, 2020.

Who founded Imperial Oil?
Imperial Oil was founded in 1880 by Jacob Englehart and Frederick Fitzgerald in London, Ontario, Canada. In 1898, Standard Oil of New Jersey (a predecessor to ExxonMobil) acquired a majority stake, establishing the ownership relationship that continues today.

What is Imperial Oil's revenue?
Imperial Oil reported revenue of CAD $46,918 million for fiscal year 2025, a decrease from CAD $51,359 million in FY2024. Net income for FY2025 was CAD $3,268 million, or $6.48 per diluted share, compared to CAD $4,790 million, or $9.03 per diluted share, in FY2024. The decline reflected lower commodity prices, partially offset by improved downstream margins.

How many people does Imperial Oil employ?
Imperial Oil employed approximately 5,000 regular employees at the end of 2025, down from 5,100 in 2024 and 5,300 in 2023. On September 29, 2025, the company announced a restructuring plan to reduce employee roles by approximately 20 percent, substantially completed by end of 2027, which would reduce the workforce to approximately 4,000.

What are the Kearl tailings leaks?
In May 2022, Imperial Oil detected tailings seepage at its Kearl oil sands mine that was not reported to the public for nine months. In January 2023, a separate berm overflow released 5.3 million litres of contaminated wastewater. The Alberta Energy Regulator fined Imperial $50,000 in August 2024 and laid nine charges in January 2025 under the Environmental Protection and Enhancement Act and the Public Lands Act. Indigenous communities were not informed of the initial seepage for nine months, leading to a lawsuit by the Athabasca Chipewyan First Nation against the regulator.