What is Imperial Oil's chemical — exploration expense?

Imperial Oil (IMO) reported chemical — exploration expense of 0% in Q1 2026.

What does chemical — exploration expense mean?

Costs incurred for searching and evaluating potential new chemical feedstock sources or proprietary process technologies. This reflects the company's commitment to R&D and long-term resource security.

Imperial Oil IMO Chemical — Exploration Expense

Other segment segments

Upstream

300,000,000%+50.0%

Downstream

0%—

Similar metrics at other companies

CTGOExploration — Exploration Expense

$2.93M+1,132%

TMCExploration Expense

$13.26M+39.3%

XPLExploration Expense

$182K-23.8%

KOSExploration Expense

$19.74M+104%

IEExploration Expense

$23.21M+47.0%

HNRGExploration Expense

$84K+300%

Other financials

Income statement

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Revenue$12.4B-0.6%

Net income$940.0M-27.0%

EPS (diluted)$1.94-23.0%

Balance sheet

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Cash & equivalents$1.0B-41.7%

Total debt$4.2B-0.4%

Total equity$22.7B-6.8%

Total assets$45.5B+3.6%

Cash flow

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Operating cash flow$756.0M-50.5%

CapEx$475.0M+19.3%

Free cash flow$281.0M-75.1%

Valuation

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Market cap$58.03B+42.2%

Enterprise value$61.22B+43.5%

P/E19.9×+11.2×

P/S1.2×+0.4×

Profitability

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Net margin6.2%-3.2pp

FCF margin8.2%-0.8pp

Returns & leverage

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Return on equity12.4%-8.2pp

Debt / equity0.2×0.0×

Current ratio1.2×-0.2×

Where this comes from

Reported directly by Imperial Oil in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The official record: Imperial Oil’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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What is Imperial Oil's chemical — exploration expense?: Imperial Oil (IMO) reported chemical — exploration expense of 0% in Q1 2026.
What does chemical — exploration expense mean?: Costs incurred for searching and evaluating potential new chemical feedstock sources or proprietary process technologies. This reflects the company's commitment to R&D and long-term resource security.