Source: The Canadian Press, JWNEnergy.com, August 05, 2021
Imperial Oil Limited says it earned $366 million in the second quarter and boosted production to its highest level in 25 years for the same period.
The Calgary-based company says it earned 50 cents per share in the three months ended June 30, compared with a net loss of $526 million or 72 cents per share in the same period of 2020.
However, its second quarter earnings declined from the first quarter of 2021, when it earned $758 million. Its cash flow from operating activities in the second quarter was $852 million, down from $1.05 billion in the first quarter of 2021.
For the latest information and for more updates on everything Kindersley ‘Like’ our Kindersley Social Facebook page below…
For the latest information and for more updates on everything Kindersley,
‘Like’ the Kindersley Social Facebook page!
