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 $73.35, up 0.99% from the previous day, and has increased 34.91% in one year. It has overperformed other stocks in the Oil & Gas Integrated industry by 0.26 percentage points. Imperial Oil stock is currently +37.39% from its 52-week low of $53.39, and -8.51% from its 52-week high of $80.17.

There are currently 523.4M shares of IMO outstanding. The market capitalization of IMO is $38.39B. In the last 24 hours, 200,844 IMO shares were traded.

How to Buy Imperial Oil Stock

Not sure how to invest in Imperial Oil stock? Here's how.

  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Choose your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 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

  1. 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.
  2. Enter your personal details to start your new trading account.
  1. Send your info by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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

IMO Price
$73.35
1w %
2.98%
1y %
34.91%
5y %
190.84%
P/E
11.09x
P/B
2.24x
P/S
1.02x
PEG
0.78x
Revenue
$37.71B
Earnings
$3.57B
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$38.39B
Next Earnings
Jan 31, 2025
Next Dividend
Jan 1, 2025

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 undervalued based on its P/E ratio of 11.09x, relative to Oil & Gas Integrated industry P/E ratio of 13.22x
  • IMO could be overvalued based on its P/B ratio of 2.24x, relative to Oil & Gas Integrated industry P/B ratio of 1.45x
  • IMO may be undervalued based on its PEG ratio of 0.78x

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 $3.99B allows it to safely service it's debt of $2.98B.
  • IMO earnings of $4.68B 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 0.8.
  • There are more long-term liabilities than short-term assets on the IMO balance sheet.
  • IMO profit margin has gone down from 10% to 9.5% 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 Hold

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

SMA10
72.73
SMA20
73.97
SMA50
74.74
SMA100
72.98
SMA200
70.66
MACD
-0.48
MACD Signal
-0.31
MACD Histogram
-0.17
RSI
49.08
Stochastic %K
29.79
Stochastic %D
23.61
StochRSI %K
35.55
StochRSI %D
27.26

IMO Growth Metrics

Last year, IMO earnings were $3.57B. In the past five year, IMO's earnings have increased by 19.56% per year. This was faster than the Oil & Gas Integrated industry average of 11.51%.

Last year, IMO revenue was $37.71B. Over the past 5 year, IMO's revenue has gone up by 8.15% per year. This was faster than the Oil & Gas Integrated industry average of 4.47%.

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?

Imperial Oil pays a dividend of 2.24%, compared to the Oil & Gas Integrated industry's average dividend yield of 6.33%. If you owned $1,000 worth of IMO stock, you would have been paid $22.36 in the past year.

Imperial Oil dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more info about Imperial Oil dividend yield and history here.

What others are saying about IMO

One of the primary reasons eToro is our highest-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 types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.

Press the Open Trade button and eToro will place your order.

If you want more help buying stocks on eToro, watch the how to video below:

Open eToro Account

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.

Add IMO to a watchlist to monitor your IMO stock.

IMO Feed

How to Buy Stock in Imperial Oil

To summarize, here are the 6 steps to buy stock in Imperial Oil:

  1. Decide where to buy Imperial Oil stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Evaluate Imperial Oil stock
  5. Place your IMO trade
  6. Monitor your investment in IMO

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Imperial Oil, click below.

NYSEMKT: IMO
$73.35+0.72 (+0.99%)
Updated Dec 11, 2024
Open eToro Account
NYSEMKT: IMO
$73.35+0.72 (+0.99%)
Updated Dec 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Imperial Oil share?

As of Dec 11, 2024, it costs $73.35 to buy one share of Imperial Oil stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.136 shares of IMO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Imperial Oil stock?

According to 1 Wall Street analysts who monitor Imperial Oil, their consensus recommendation is to hold Imperial Oil stock.

What is the best way to buy Imperial Oil stock?

One way to place an order for Imperial Oil stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.