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Why Is Imperial Petroleum (IMPP) Stock Up Today?So what is going on with Imperial Petroleum?Well, it seems IMPP stock is...
03/13/2022

Why Is Imperial Petroleum (IMPP) Stock Up Today?

So what is going on with Imperial Petroleum?

Well, it seems IMPP stock is jumping higher after the United States and United Kingdom each announced that they will ban all imports of Russian oil. Also helping matters is an announcement that Imperial has acquired two new tankers that will help it ramp up shipments.

Imperial Petroleum has gained more than 100% in the year to date.

Imperial Oil Ltd. stock rises Monday, outperforms marketShares of Imperial Oil Ltd. IMO, -1.43% inched 0.26% higher to C...
03/13/2022

Imperial Oil Ltd. stock rises Monday, outperforms market

Shares of Imperial Oil Ltd. IMO, -1.43% inched 0.26% higher to C$58.92 Monday, in what proved to be an otherwise all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.41% falling 0.46% to 21,304.40. This was the stock's second consecutive day of gains. Imperial Oil Ltd. hit a new 52-week high, surpassing its previous peak of C$58.79, which the company reached on March 4th. Trading volume of 1.9 M shares eclipsed its 50-day average volume of 1.5 M.

'Load shaping': Imperial Oil to install 20 MW battery at Sarnia petrochemical complexEnel X, a subsidiary of the Italian...
03/13/2022

'Load shaping': Imperial Oil to install 20 MW battery at Sarnia petrochemical complex
Enel X, a subsidiary of the Italian energy giant Enel SpA, announced plans to build what it described as the largest private storage battery in North America — a 20-megawatt system at Imperial Oil Ltd.’s petrochemical complex in Sarnia, Ontario.

Imperial Oil Is A Unique InvestmentImperial Oil (IMO) is a Canadian integrated oil company and one of the largest in Can...
03/13/2022

Imperial Oil Is A Unique Investment

Imperial Oil (IMO) is a Canadian integrated oil company and one of the largest in Canada with a market capitalization of more than $30 billion. The company is almost 70% owned by Exxon Mobil (XOM) making up ~6% of Exxon Mobil's enterprise value. As we'll see throughout this article, Imperial Oil has an impressive portfolio of assets to support future shareholder rewards.

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