Imperial Oil
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Imperial Oil Limited | |
Type | Public(TSX: IMO AMEX: IMO) |
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Founded | London, Ontario (1880) |
Headquarters | Calgary, Alberta |
Key people | T.J. (Tim) Hearn, Chairman, President & CEO |
Industry | Oil and Gasoline |
Products | Petrochemical products |
Revenue | $26.936 billion CAN (2005) |
Employees | 5,096 (2005) |
Website | www.imperialoil.com/ |
Imperial Oil Limited TSX: IMO AMEX: IMO is Canada's largest petroleum company. It is controlled by ExxonMobil, which owns 69.8% of its stock. In turn it owns 25% of Syncrude Canada Ltd., the world's largest producer of synthetic crude oil from strip mining of tar sands. Imperial Oil operates service stations in Canada under the trade name Esso as well as other brand names. Its owned-and-operated convenience stores use the On the Run / Marché Express or Tiger Express brands.
The company was incorporated in 1880. Currently headquartered in Calgary, Alberta, it was based in Toronto, Ontario until 2005.
Imperial is one of Canada's top natural gas producers, the country's major refiner and marketer of petroleum products and an important manufacturer of petrochemicals. Most of its production is from its vast natural resource holdings in Alberta and the Northwest Territories.
[edit] Corporate governance
Current members of the board of directors of Imperial Oil are: Randy Broiles, Brian Fischer, Tim Hearn, Jack Mintz, Roger Phillips, Jim Shepard, Paul Smith, Sheelagh Whittaker and Victor Young.
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Categories: Companies listed on the Toronto Stock Exchange | Companies listed on the American Stock Exchange | Energy companies of Canada | Companies based in Calgary | Petroleum companies of Canada | S&P/TSX 60 Index | ExxonMobil | Chemical companies of Canada | Oil companies of Canada | Automotive fuel brands | Companies established in 1880