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 $135.70, up 0.61% from the previous day, and has increased 62.28% in one year. It has overperformed other stocks in the Oil & Gas Integrated industry by 1.35 percentage points. Imperial Oil stock is currently +63.95% from its 52-week low of $82.77, and -2.68% from its 52-week high of $139.44.
There are currently 483.59M shares of IMO outstanding. The market capitalization of IMO is $65.62B. In the last 24 hours, 506,000 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
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- Security: eToro is a regulated and licensed brokerage platform.
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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 Due Diligence 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 overvalued based on its P/E ratio of 22.33x, relative to Oil & Gas Integrated industry P/E ratio of 17.83x
- IMO could be overvalued based on its P/B ratio of 3.77x, relative to Oil & Gas Integrated industry P/B ratio of 2.05x
You can do additional valuation analysis on IMO's stock here.
IMO Financial Summary
Passed Financial Due Diligence Checks:
- IMO's operating cash flow of $5.09B allows it to safely service it's debt of $2.83B.
- There are more short-term assets than short-term liabilities on the IMO balance sheet.
- IMO earnings of $3.87B is not enough to cover its interest payments.
- There are more short-term assets than long-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 profit margin has gone down from 9.5% to 8% in the past year.
- IMO has a relatively high debt to equity ratio of 0.95.
Is Imperial Oil stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who research IMO, the consensus analyst rating on IMO is a Sell
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Imperial Oil stock forecast page.
Metrics for Advanced IMO Traders
IMO Performance Metrics
Last year, IMO earnings were $2.95B. During the past 4 year, IMO's earnings have gone up by -0.18% per year. This was slower than the Oil & Gas Integrated industry average of 14.73%.
Last year, IMO revenue was $36.76B. During the last 5 year, IMO's revenue has grown by 10.86% per year. This was slower than the Oil & Gas Integrated industry average of 11.01%.
Dive into IMO's earnings and revenue performance here.
What are IMO executives and large shareholders up to?
Over the last 12 months, insiders at IMO have not bought or sold any shares.
Research more about who owns IMO shares here.
Can I get consistent income from IMO stock?
Imperial Oil pays a dividend of 0.93%, compared to the Oil & Gas Integrated industry's average dividend yield of 2.65%. If you owned $1,000 of IMO stock, you would have been paid $9.34 in the past 12 months.
Imperial Oil dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Imperial Oil dividend yield and history here.
What others are saying about IMO
One of the reasons eToro is our top-rated 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 main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open button and your broker will place the order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in IMO
Now that you own some shares in IMO, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to get alerted to the latest events about your IMO stock.
IMO Feed
How to Buy Stock in Imperial Oil
To reiterate, here are the 6 steps to buy 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 require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your investment in Imperial Oil, click below.
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