TLDR Q3 2025 net income: $539 million; operating cash flow near $1.8 billion. Record oil production of 462,000 barrels per day, led by Curl asset output. $330 million restructuring charge and $406 million impairment weigh on earnings. Fourth-quarter dividend declared at $0.72 per share. Stock closed at C$124.05, down 2.96% on October 31, 2025. Imperial [...] The post Imperial Oil Ltd. (IMO.TO) Stock: Dips After Record Q3 Output and $1.8B Cash Flow appeared first on CoinCentral.TLDR Q3 2025 net income: $539 million; operating cash flow near $1.8 billion. Record oil production of 462,000 barrels per day, led by Curl asset output. $330 million restructuring charge and $406 million impairment weigh on earnings. Fourth-quarter dividend declared at $0.72 per share. Stock closed at C$124.05, down 2.96% on October 31, 2025. Imperial [...] The post Imperial Oil Ltd. (IMO.TO) Stock: Dips After Record Q3 Output and $1.8B Cash Flow appeared first on CoinCentral.

Imperial Oil Ltd. (IMO.TO) Stock: Dips After Record Q3 Output and $1.8B Cash Flow

2025/11/03 04:25

TLDR

  • Q3 2025 net income: $539 million; operating cash flow near $1.8 billion.
  • Record oil production of 462,000 barrels per day, led by Curl asset output.
  • $330 million restructuring charge and $406 million impairment weigh on earnings.
  • Fourth-quarter dividend declared at $0.72 per share.
  • Stock closed at C$124.05, down 2.96% on October 31, 2025.

Imperial Oil Limited (TSE: IMO.TO) shares closed at C$124.05, down 2.96% on October 31, 2025, following the release of its third-quarter earnings report.

Imperial Oil Limited (IMO.TO)

Despite record production and strong operational cash flow, restructuring and impairment charges weighed on the quarter’s profitability.

Strong Operational and Financial Performance

Imperial Oil reported net income of $539 million, with nearly $1.8 billion in cash flow from operations and $1.9 billion in cash on hand at quarter-end. Excluding one-time items, earnings stood at $194 million, reflecting lower upstream realizations.

The company continued to demonstrate operational strength, with upstream earnings of $728 million, downstream earnings of $444 million, and chemical earnings of $21 million, all showing stability or improvement from the prior quarter.

Capital expenditures totaled $505 million, reflecting ongoing investment in high-return assets.

Record Oil Production Across Key Assets

Imperial Oil achieved record upstream production of 462,000 oil-equivalent barrels per day, the highest in recent years. The standout performer was the Curl asset, delivering a record 316,000 barrels per day, marking the highest quarterly output in its history.

Other assets also performed well, including Cold Lake at 150,000 barrels per day and Syncrude at 78,000 barrels per day. On the downstream side, the company maintained refinery throughput at 425,000 barrels per day, achieving 98% utilization despite planned maintenance.

Petroleum product sales reached 464,000 barrels per day, slightly lower than Q2 2025 due to reduced export volumes.

One-Time Charges Impact Profit

The quarter included a $330 million restructuring charge (or $249 million after tax) and a $406 million impairment charge related to the sale of the Calgary campus. These items negatively impacted profitability, offsetting otherwise strong operational results.

The restructuring plan, set to conclude by 2027, aims to streamline operations and boost cash flow, but it will result in workforce reductions over the next two years.

Shareholder Returns and Outlook

Imperial Oil reaffirmed its commitment to shareholder value, distributing over $1.8 billion through dividends and share buybacks during the quarter. The company declared a fourth-quarter dividend of $0.72 per share, continuing its consistent payout history.

Despite one-time costs, Imperial’s balance sheet remains solid, backed by strong cash generation and disciplined capital spending.

Stock and Market Performance

As of October 31, 2025, Imperial Oil outperformed the broader S&P/TSX Composite Index with a year-to-date return of 44.24%, compared to 22.91% for the benchmark. Over five years, the stock delivered an impressive 700.49% return, underscoring its long-term resilience in Canada’s energy sector.

The post Imperial Oil Ltd. (IMO.TO) Stock: Dips After Record Q3 Output and $1.8B Cash Flow appeared first on CoinCentral.

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Why Is Crypto Down Today? – November 14, 2025

Why Is Crypto Down Today? – November 14, 2025

The crypto market is down today and by a significantly higher percentage than over the past few days, with the cryptocurrency market capitalisation decreasing by 5.6%, now standing at $3.38 trillion. 96 of the top 100 coins have dropped over the past 24 hours. At the same time, the total crypto trading volume is at $254 billion. TLDR: The crypto market capitalisation is down by 5.6% on Friday morning (UTC); 96 of the top 100 coins and all top 10 coins are down today; BTC decreased by 6.2% to $97,033, and ETH fell by 9.2% to $3,208; ’Bitcoin appears to be fighting one battle after another’; The real test could be the interest rate decision in the US on 10 December; Crypto and tech stocks are diverging; ’Despite recent price movement, 2025 has been the year of institutional investment into digital assets’; ’Bitcoin DeFi is poised to be at the forefront of the global financial system – from Wall Street to Main Street’; US BTC spot ETFs saw a whopping $869.86 million in outflows on Thursday, and ETH ETFs let go of $259.72 million; Canary Capital’s XRPC, the first US spot XRP ETF, made its debut on Thursday; Crypto market sentiment drops again within the fear territory. Crypto Winners & Losers At the time of writing, all top 10 coins per market capitalization have seen their prices decrease over the past 24 hours. Bitcoin (BTC) has dropped by 6.2% since this time yesterday, currently trading at $97,033.
 Bitcoin (BTC)
24h7d30d1yAll time Ethereum (ETH) is down by 9.2%, now changing hands at $3,208. This, along with Lido Staked Ether (STETH), is the highest fall in the category. Solana (SOL) is in in the second place, having dropped 8.6% to the price of $142. The smallest fall is 2.3% by Tron (TRX), which now stands at $0.2927. When it comes to the top 100 coins, only four are green. Among these, Zcash (ZEC) appreciated the most, rising to the price of $507. Leo Token (LEO) follows with a 2% rise to $9.17. On the other hand, three coins saw double-digit drops. Story (IP) fell 15%, now trading at $3.34. It’s followed by Aave (AAVE)’s 13.6% and Hedera (HBAR)’s 10.4% to $185 and $0.1606, respectively. ‘Bitcoin Appears To Be Fighting One Battle After Another’ Nic Puckrin, crypto analyst and co-founder of The Coin Bureau, argues that the “crypto market has been struggling to regain momentum since October’s pandemonium.” “Bitcoin appears to be fighting one battle after another, dragged down by US dollar strength and higher Treasury yields, long-term holders selling, and macro uncertainty,” he says. Puckrin finds it “unsettling” to see crypto and tech stocks diverging when they typically move in lockstep. This dynamic shows that BTC “isn’t just a proxy for the Nasdaq.” Rather, it’s more sensitive to macro headwinds and liquidity concerns and is “perfectly positioned to break out once those concerns dissipate.” Notably, as the US re-opens and data starts flooding back in, “we may see the BTC price wobble over the coming weeks.” The real test could be the interest rate decision in the US on 10 December. Still, “it remains likely that the news will be positive, which could set the stage for a Santa rally in crypto and other risk assets,” Puckrin concludes. Moreover, Dom Harz, co-founder of BOB, commented on institutional involvement in BTC as the coin’s price drops below $100,000. “Despite recent price movement, 2025 has been the year of institutional investment into digital assets, with institutions now holding over 4 million BTC,” Harz writes in an email commentary. These institutions are “increasingly looking to store excess cash in DeFi vaults for higher-yield opportunities. These two movements are converging with Bitcoin DeFi; moving the world’s biggest digital asset beyond a store of value and into a yield-generating asset. “ He continues: “As this mainstream appetite for DeFi grows, serious technological advancements are unlocking Bitcoin’s utility. Key players in institutional crypto and Bitcoin DeFi adoption are opening up access to BTCFi, where institutions can leverage yield-bearing opportunities for their BTC holdings. Bitcoin DeFi is poised to be at the forefront of the global financial system – from Wall Street to Main Street.” Levels & Events to Watch Next At the time of writing on Friday morning, BTC fell below the $100,000 mark and to the $96,000 level, now standing at $97,033. The coin has dropped from the intraday high of $103,737 to the low of $96,170. It’s now down 4.7% in a week, 13.7% in a month, and 22.9% from its all-time high. We may see BTC pull back towards $94,500 and further towards the $90,000 level. A higher plunge could drag it lower. Conversely, if there is a change in course, the coin could climb back above $100,000 and move towards $103,000.Bitcoin Price Chart. Source: TradingView Ethereum is currently changing hands at $3,208. It plunged from today’s high of $3,545 to the currently lowest point of $3,126. Over this past week, it has been trading between $3,172 and $3,633. ETH is down 4.3% in a day, 22.2% in a month, and 35.1% from its ATH. ETH may continue dropping today and over the next few days. Should that happen, it could retreat below the $3,000 level – far from the near-$5,000 zone where it stood just weeks ago. If there is a market rebound, the coin could return to the $3,500 territory and potentially $3,650.
 Ethereum (ETH)
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CryptoNews2025/11/14 20:11