Imperial Oil (TSX:IMO) just reported that its Kearl oil sands operation has reached one billion barrels of cumulative production, a scale milestone that sharpens investor focus on the durability of its integrated energy model. Imperial Oil’s Kearl milestone lands at a time when momentum in the shares has been strong, with a year to date share price return of 46.64% and a 5 year total shareholder return of 376.28%, indicating investors have already been rewarded for staying the course. Scan…
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
