Stocks to Watch: Imperial Oil Limited (TSX:IMO) Down -2.45%

At close of market on Monday, Imperial Oil Limited (TSX:IMO) stock finished trading at -2.45%, bringing the stock price to $37.35 on the Toronto Stock Exchange. The stock price saw a low of $37.29 and a high of $37.98.

The company’s stock was traded 5,442 times with a total of 992,205 shares traded.

Imperial Oil Limited has a market cap of $28.86 billion, with 779.02 million shares in issue.

Imperial Oil is one of Canada’s largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 383 thousand barrels of oil equivalent per day in 2018. The company estimates that it holds 6.5 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d.

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