Business Segments · Cost
Upstream — Cost
Imperial Oil Upstream — Cost increased by 3.1% to $49.39B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $47.92B to $49.39B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
Rolls up toProperty, plant and equipment at cost
How to read this metric
Lower costs relative to production volume indicate superior operational efficiency and competitive advantage.
Detailed definition
The aggregate cost structure associated with the upstream segment, encompassing production, manufacturing, and explorati...
Peer comparison
Similar to 'Unit Production Cost' or 'Lifting Cost' metrics used by upstream operators.
Metric ID:
imo_segment_upstream_costHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 48.2B | 45.8B | 46.8B | 47.9B | 49.4B |
| QoQ Change | — | -5.0% | +2.2% | +2.4% | +3.1% |
| YoY Change | — | -5.0% | +2.2% | +2.4% | +3.1% |
Range45.8B – 49.4B
CAGR+2.5%
Avg YoY Growth+0.7%
Median YoY Growth+2.3%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Imperial Oil's upstream — cost?
- Imperial Oil (IMO) reported upstream — cost of $49.39B in Q4 2025.
- How has Imperial Oil's upstream — cost changed year-over-year?
- Imperial Oil's upstream — cost increased by 3.1% year-over-year, from $47.92B to $49.39B.
- What does upstream — cost mean?
- The total cost incurred to extract and produce oil and gas products.