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BRIEF-Imperial Oil Q2 loss per share c$0.09

Published 2017-07-28, 08:10 a/m
BRIEF-Imperial Oil Q2 loss per share c$0.09
IMO
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July 28 (Reuters) - Imperial Oil Ltd IMO.TO

* Imperial announces second quarter 2017 financial and operating results

* Q2 loss per share c$0.09

* Imperial Oil Ltd - company is undertaking actions to resolve reliability issues, primarily in mining and ore preparation areas of operation

* Imperial Oil Ltd - qtrly production averaged 331,000 gross oil-equivalent barrels per day, up from 329,000 barrels per day in same period of 2016

* Imperial Oil Ltd - qtrly total revenues and other income $7,033 million versus $6,248 million

* Imperial Oil Ltd qtrly refinery throughput averaged 358,000 barrels per day, up from 246,000 barrels in q2 of 2016

* Imperial oil-actions to resolve reliability issues are planned to proceed throughout 2017, 2018, will lead to higher production levels, lower unit costs

* Imperial Oil Ltd - full-year expenditures are expected to be about $800 million

* Imperial Oil Ltd - share purchases are currently anticipated to equal approximately $250 million in q3 of 2017

* Q2 revenue view c$7.47 billion -- Thomson Reuters I/B/E/S

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