Operating Expenses
Purchase of crude oil and products
Imperial Oil Purchase of crude oil and products increased by 15.8% to $8.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $7.76B to $8.18B. Over 4 years (FY 2021 to FY 2025), Purchase of crude oil and products shows an upward trend with a 6.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase relative to revenue may indicate rising commodity costs or margin compression, while a decrease suggests lower input costs.
Detailed definition
The direct costs incurred to acquire crude oil and refined products from third parties for processing or resale. This re...
Peer comparison
Highly comparable across integrated oil and gas companies; reflects exposure to commodity price fluctuations.
Metric ID:
operating_expenses_crude_oil_and_product_purchases_c223afHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.87B | $6.3B | $8.12B | $8.35B | $11.02B | $9.48B | $8.89B | $7.48B | $7.86B | $8.75B | $8.32B | $7.71B | $8.86B | $8.73B | $7.89B | $7.76B | $7.22B | $7.78B | $7.06B | $8.18B |
| QoQ Change | — | +29.4% | +29.0% | +2.8% | +32.0% | -14.0% | -6.2% | -15.9% | +5.1% | +11.4% | -4.9% | -7.3% | +14.9% | -1.4% | -9.7% | -1.7% | -7.0% | +7.8% | -9.2% | +15.8% |
| YoY Change | — | — | — | — | +126.4% | +50.5% | +9.5% | -10.4% | -28.7% | -7.7% | -6.5% | +3.0% | +12.7% | -0.2% | -5.2% | +0.6% | -18.5% | -11.0% | -10.5% | +5.4% |
Range$4.87B – $11.02B
CAGR+11.5%
Avg YoY Growth+6.9%
Median YoY Growth-2.7%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Downstream | $12.94B | $13.01B | $12.31B | $11.99B | $10.95B | $11.58B | $10.5B | $12.06B |
| Upstream | $1.9B | $1.77B | $1.89B | $1.86B | $1.37B | $1.61B | $1.42B | $1.72B |
| Chemical | $256M | $157M | $243M | $253M | $240M | $231M | $199M | $226M |
| Total | $8.86B | $8.73B | $7.89B | $7.76B | $7.22B | $7.78B | $7.06B | $8.18B |
Purchase of crude oil and products at Other Companies
Frequently Asked Questions
- What is Imperial Oil's purchase of crude oil and products?
- Imperial Oil (IMO) reported purchase of crude oil and products of $8.18B in Q1 2026.
- How has Imperial Oil's purchase of crude oil and products changed year-over-year?
- Imperial Oil's purchase of crude oil and products increased by 5.4% year-over-year, from $7.76B to $8.18B.
- What is the long-term trend for Imperial Oil's purchase of crude oil and products?
- Over 4 years (2021 to 2025), Imperial Oil's purchase of crude oil and products has grown at a 6.5% compound annual growth rate (CAGR), from $23.17B to $29.81B.
- What does purchase of crude oil and products mean?
- Costs paid to purchase external crude oil and refined products.