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Asset retirement obligations and other environmental liabilities

Imperial Oil Asset retirement obligations and other environmental liabilities increased by 0.1% to $3.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.9%, from $2.62B to $3.35B. Over 5 years (FY 2020 to FY 2025), Asset retirement obligations and other environmental liabilities shows an upward trend with a 14.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026May 4, 2026

How to read this metric

Changes reflect updates to environmental regulations, site usage plans, or cost estimates for remediation.

Detailed definition

This represents the estimated liability for the future costs of retiring, decommissioning, and remediating physical asse...

Peer comparison

Highly comparable across the oil and gas industry, representing a major long-term balance sheet liability.

Metric ID: other_asset_retirement_obligation_and_other_environmenta_d4785b

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.7B$1.71B$1.71B$1.71B$1.73B$1.68B$2.15B$2.16B$2.17B$2.19B$2.56B$2.58B$2.59B$2.6B$2.64B$2.62B$2.61B$2.62B$3.35B$3.35B
QoQ Change+0.7%+0.1%+0.0%+1.2%-3.2%+28.2%+0.4%+0.3%+1.1%+17.1%+0.4%+0.6%+0.5%+1.4%-0.8%-0.5%+0.7%+27.6%+0.1%
YoY Change+2.0%-2.0%+25.5%+26.0%+24.9%+30.5%+19.3%+19.3%+19.6%+19.0%+3.0%+1.7%+0.7%+0.8%+26.8%+27.9%
Range$1.68B$3.35B
CAGR+15.4%
Avg YoY Growth+15.3%
Median YoY Growth+19.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is Imperial Oil's asset retirement obligations and other environmental liabilities?
Imperial Oil (IMO) reported asset retirement obligations and other environmental liabilities of $3.35B in Q1 2026.
How has Imperial Oil's asset retirement obligations and other environmental liabilities changed year-over-year?
Imperial Oil's asset retirement obligations and other environmental liabilities increased by 27.9% year-over-year, from $2.62B to $3.35B.
What is the long-term trend for Imperial Oil's asset retirement obligations and other environmental liabilities?
Over 5 years (2020 to 2025), Imperial Oil's asset retirement obligations and other environmental liabilities has grown at a 14.8% compound annual growth rate (CAGR), from $1.68B to $3.35B.
What does asset retirement obligations and other environmental liabilities mean?
The estimated future cost to clean up and decommission industrial sites and assets.