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Imperial Oil IMO Oil and Gas, Capitalized Exploratory Well Cost

Oil and Gas, Capitalized Exploratory Well Cost at other companies

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Other financials

Income statement

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Revenue$16.1B+43.0%
Net income$2.2B+131%
EPS (diluted)$4.52+143%

Balance sheet

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Cash & equivalents$2.8B+19.0%
Total debt$4.0B-5.8%
Total equity$24.5B-1.8%
Total assets$47.9B+8.3%

Cash flow

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Operating cash flow$2.7B+84.6%
CapEx-$530.0M-213%
Free cash flow$2.2B+119%

Valuation

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Market cap$62.66B+45.9%
P/E15.1×+5.9×
P/S1.2×+0.3×

Profitability

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Net margin8%-1.4pp
FCF margin9.7%+0.7pp

Returns & leverage

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Return on equity16.8%-2.4pp
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:CapitalizedExploratoryWellCosts.

The source filing: Imperial Oil’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 4:10 PM EST
Fiscal year
FY2025
Accession
0000049938-26-000009

The company continues capitalization of exploratory well costs when the well has found a sufficient quantity of reserves to justify its completion as a producing well and the company is making sufficient progress assessing the reserves and the economic and operating viability of the project. The term “project” as used in this report can refer to a variety of different activities and does not necessarily have the same meaning as in any government payment transparency reports. The company had no capitalized suspended exploratory well costs as at December 31, 2025, 2024 and 2023.

Item 16. Form 10-K summary

FAQ

What is Imperial Oil's oil and gas, capitalized exploratory well cost?
Imperial Oil (IMO) reported oil and gas, capitalized exploratory well cost of $0 in Q4 2025.
What does oil and gas, capitalized exploratory well cost mean?
Refers to the costs incurred for exploratory wells that are currently capitalized on the balance sheet pending the determination of proved reserves. This metric reflects the company's investment in future production potential that has not yet been confirmed as commercially viable. It is a critical indicator of exploration efficiency and the risk profile of the company's asset base.

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