WallStSmart
IMO

Imperial Oil Ltd

NYSE MKT: IMO · ENERGY · OIL & GAS INTEGRATED

$134.02
+2.61% today

Updated 2026-04-30

Market cap
$61.84B
P/E ratio
26.24
P/S ratio
1.32x
EPS (TTM)
$4.74
Dividend yield
2.27%
52W range
$65 – $133
Volume
0.7M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Imperial Oil Ltd (IMO) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$134.02
Consensus
$116.00
-13.45%
2030 Target
$1,319.78
+884.76%
DCF
$132.63
+9.82% MoS
2 analysts:
0 Buy1 Hold5 Sell

Management guidance

No specific CEO revenue targets for 2026-2030 found in available guidance. Management announced record production in 2025 (highest in 30 years) and committed to shareholder returns through increased dividends ($0.87/quarter), but no explicit revenue guidance for forward years was disclosed in earnings calls or investor presentations.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$2,186.69
$55.0B Rev × 20x P/S
Base case (2030)
$1,319.78
$55.0B Rev × 12x P/S
Bear case (2030)
$879.85
$55.0B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$48.3B$48.8B$47.0B$49.8B$50.2B$51.5B$53.1B$55.0B
Revenue growth—1.1%-3.7%6.1%0.9%2.5%3.1%3.6%
EPS$8.51$9.04$7.42$6.72$7.15$7.80$8.45$9.20
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$1,190.39$1,203.33$1,229.21$1,268.02$1,319.78

Catalysts & risks

Growth catalysts
+ Sustained elevated crude oil prices driven by geopolitical tensions (US-Iran conflict fears)
+ Record production levels (highest in 30 years) supporting volume growth through 2026-2027
+ Potential for dividend growth given 22.52% 3Y and 25.56% 5Y dividend CAGR trajectory
Key risks
- Crude oil price volatility — 8.65% revenue decline in 2025 correlates directly to lower commodity prices
- Analyst consensus negative (1 Sell, 1 Hold as of Feb 2026) with price target 10.35% below current price
- Revenue cyclicality — historical volatility shows -34% (2020), -26% (2015), -14% (2023) declines in down commodity cycles

Methodology

Imperial Oil Ltd's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 2 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.