IMO.TO Imperial Oil Limited (TSX) pre-market 28 Jan 2026: Q4 earnings focus on margins
The stock to watch in pre-market Canada is IMO.TO stock, trading at C$140.05 as investors position ahead of Imperial Oil Limited’s Q4 earnings due 30 Jan 2026. Volume is active at 958,633 shares and the name set a 52-week high at C$142.00 this week. Key questions for the report are upstream production, downstream refining margins and any guidance on capital allocation and dividends. We preview the numbers, analyst views and model forecasts to frame trading decisions for TSX investors.
IMO.TO stock: Pre-market snapshot and earnings schedule
Imperial Oil Limited (IMO.TO) is trading at C$140.05 pre-market on the TSX with a day range C$139.09–C$142.00. The company reports Q4 results on 30 Jan 2026 (earnings call at 13:30 UTC), making this a short-term event trade for Canada-listed energy names. Watch volume and intraday volatility; average volume is 953,541, so today’s activity is in line with normal liquidity.
Earnings drivers: margins, volumes and dividend
Core drivers for the IMO.TO earnings print are upstream production, realized commodity prices and downstream refining margins. Imperial posted EPS C$7.83 last twelve months and a P/E of 17.89, so small shifts in refining margins or tax items can move reported EPS materially. Management also declared a quarterly dividend of C$0.72 per share (annualized C$2.88, yield ~2.06%), which investors will monitor for consistency.
Valuation and sector comparison
IMO.TO’s Price/Book is 4.15 and Price/Sales is 1.48 while the PE of 17.89 sits below the Canadian energy sector average PE of 21.27. Balance-sheet risk is low: debt-to-equity is 0.18 and interest coverage exceeds 450x. That mix supports a defensive value case inside the Energy sector, but analyst targets remain mixed.
Analyst context and price targets
MarketBeat and broker notes show a consensus leaning lower: average target C$113.90 and many Hold/Sell views. Recent targets include Morgan Stanley C$101.00 and National Bank C$127.00. The market has already pushed IMO.TO to a 52-week high of C$142.00, so analyst targets imply differing time horizons and margin expectations.
Meyka AI rates IMO.TO with a score out of 100 and forecast
Meyka AI rates IMO.TO with a score of 81.10 out of 100 (Grade A, suggestion: BUY). This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst consensus. Meyka AI’s forecast model projects yearly C$134.44 (implied downside -4.02% vs C$140.05) and a 3‑year target of C$171.88 (implied upside +22.79%). Forecasts are model-based projections and not guarantees.
Technicals and trade setup
Short-term technicals show price above the 50-day average (C$129.61) and 200-day average (C$117.12), supporting trend continuation. RSI at 43.23 and MACD histogram turning positive indicate mixed momentum, while ATR C$3.17 suggests typical intraday swings. For traders, a break above C$142.00 could confirm momentum; failure back below C$139.00 increases downside risk into moving-average support.
Final Thoughts
IMO.TO stock enters the pre-market on 28 Jan 2026 with strength and elevated attention ahead of Q4 earnings on 30 Jan 2026. At C$140.05, the company trades above both its 50-day and 200-day averages but faces a mixed analyst picture and a consensus price target of C$113.90. Our Meyka AI forecast model projects a one-year level near C$134.44 (implying -4.02%) while leaving room for a longer-term upside to C$171.88 in three years (+22.79%). Key takeaways: results-driven moves will come from downstream margins and upstream volumes, the dividend remains intact at C$0.72 quarterly, and balance-sheet metrics support steady buybacks or payout coverage. Traders should monitor intraday breaks of C$142.00 and C$139.00 and weigh short-term volatility against the model’s multi-year outlook. Forecasts are model-based projections and not guarantees.
FAQs
When does Imperial Oil report Q4 and what matters most?
Imperial reports Q4 on 30 Jan 2026. Investors in IMO.TO stock should focus on upstream production levels, downstream refining margins, tax items, and any guidance on capex or dividend policy.
What is the current dividend and yield for IMO.TO stock?
Imperial pays C$0.72 quarterly or C$2.88 annually. At the current price of C$140.05, IMO.TO stock yields roughly 2.06%, with a payout ratio near 34%.
How do analysts and Meyka AI differ on IMO.TO stock targets?
Analysts show a consensus target of C$113.90 (lower views), while Meyka AI rates the stock 81.10/100 (Grade A, BUY) and models C$134.44 one-year and C$171.88 three-year forecasts. These reflect different time horizons and assumptions.
What valuation metrics should investors watch for IMO.TO stock?
Watch PE at 17.89, PB at 4.15, EV/EBITDA near 9.49, and free cash flow yield about 6.71%. These numbers help compare IMO.TO stock to peers and sector averages.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
