IMPERIAL OIL LTD. (IMO.TO)

Imperial Oil Ltd. (IMO.TO) continues to demonstrate constructive technical characteristics, holding the 14th position in the SIA S&P/TSX 60 Index Report while carrying a strong SIA SMAX Score of 9/10. Although the shares have consolidated over the past month, they have outperformed the S&P/TSX 60 Index over both the quarter and the past year, supported by a recent Double Top Point & Figure signal. As one of Canada’s leading integrated energy companies, Imperial Oil remains well positioned across the upstream, downstream and chemical segments of the energy industry.

Keep up to date on the latest financial market news.

Receive a daily newsletter with stock highlights, ETF rankings, weekly market focus and others.