How to Buy Imperial Oil Stock
Imperial Oil Ltd
Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. It operates through three segments: Upstream, Downstream, and Chemical.
Imperial Oil stock last closed at $70.44, up 1.44% from the previous day, and has increased 32.43% in one year. It has overperformed other stocks in the Oil & Gas Integrated industry by 0.24 percentage points. Imperial Oil stock is currently +58.43% from its 52-week low of $44.46, and -5.55% from its 52-week high of $74.58.
There are currently 535.84M shares of IMO outstanding. The market capitalization of IMO is $37.74B. In the last 24 hours, 218,179 IMO shares were traded.
How to Buy Imperial Oil Stock
Not sure how to invest in Imperial Oil stock? Here's how.
- Decide where to buy Imperial Oil stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Imperial Oil stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your information.
- Evaluate Imperial Oil stock: The Imperial Oil ticker symbol is IMO. Is Imperial Oil stock a good investment? Should you buy shares of IMO? How do IMO's underlying business fundamentals look? Do top analysts think Imperial Oil is a good buy? Why has IMO's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if IMO is a good stock to buy).
- Place your IMO trade: Decide if you will purchase IMO shares at the current market price or use a limit order to purchase IMO stock at a specific price.
- Monitor your investment in IMO: Create a watchlist to key updates about your new investment in Imperial Oil shares.
Step 1: Decide where to buy Imperial Oil stock
You will need a brokerage account to access the NYSEMKT market and buy IMO stock.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to buy IMO today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on stock apps to use, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing funds into your brokerage account.
Step 4: Evaluate Imperial Oil stock
After you have decided on the best place to buy Imperial Oil stock, it's important to research their stock before you buy, so you can understand the risk as well as the upside.
Imperial Oil shares data
Imperial Oil Zen Score
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on IMO's stock page.
Is IMO stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge IMO's true value.
Using relative valuations metrics:
- IMO could be undervalued based on its P/E ratio of 11.17x, relative to Oil & Gas Integrated industry P/E ratio of 11.25x
- IMO could be overvalued based on its P/B ratio of 2.29x, relative to Oil & Gas Integrated industry P/B ratio of 1.66x
- IMO may be undervalued based on its PEG ratio of 0.62x
You can access additional valuation analysis on IMO's stock here.
IMO Financial Summary
Passed Financial Due Diligence Checks:
- IMO's operating cash flow of $2.77B allows it to safely service it's debt of $3.06B.
- IMO earnings of $4.77B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the IMO balance sheet.
Failed Financial Due Diligence Checks:
- Total IMO debt is higher than 5 years ago, relative to shareholder equity.
- IMO has a relatively high debt to equity ratio of 0.85.
- There are more long-term liabilities than short-term assets on the IMO balance sheet.
- IMO profit margin has gone down from 12.3% to 9.6% in the past year.
Do analysts think it's a good time to buy Imperial Oil stock
Out of 1 sell side analysts who research IMO, the consensus analyst rating on Imperial Oil is a Strong Sell
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Imperial Oil stock forecast page.
IMO Trading Indicators
IMO Growth Metrics
Last year, IMO earnings were $3.62B. In the past five year, IMO's earnings have increased by 24.65% per year. This was faster than the Oil & Gas Integrated industry average of 11.82%.
Last year, IMO revenue was $37.75B. Over the past 5 year, IMO's revenue has gone up by 8.07% per year. This was faster than the Oil & Gas Integrated industry average of 3.64%.
You can research IMO's earnings and revenue performance here.
Who is buying/selling IMO?
Over the past 12 months, executives and large shareholders at IMO have not bought or sold any shares.
Get more info about who owns IMO shares here.
Can I get consistent income from IMO stock?
No, Imperial Oil doesn't provide an income stream by paying out dividends.
IMO Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your IMO trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Press the Open button and eToro will place your order.
If you want more help with investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in IMO
Now that you own some IMO shares, you'll want to stay up-to-date on your new investment.
Create a watchlist to track the latest developments regarding your IMO stock.
IMO Feed
How to Buy Stock in Imperial Oil
To reiterate, here are the 6 steps for buying Imperial Oil stock:
- Decide where to buy Imperial Oil stock
- Create your brokerage account
- Fund your investment account
- Evaluate Imperial Oil stock
- Place your IMO trade
- Monitor your investment in IMO
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Imperial Oil, click the button below.
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