Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings
Published . Updated .
This report is about oil and refining.
Directly affected
- IMO Imperial Oil+2.2% 10d
Named in this report.
Indirectly affected
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- EWC iShares MSCI Canada ETF+0.3% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“alberta”).
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+15.7% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- VLO Valero Energy+0.7% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IMO | -2.77% | -5.42% | base | after close | after close | after close | after close |
| USO | -1.54% | -1.29% | base | after close | after close | after close | after close |
| XLE | -0.51% | -2.20% | base | after close | after close | after close | after close |
| CRAKNo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| EWCNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -1.45% | -2.77% | base | after close | after close | after close | after close |
| CVX | -1.54% | -2.69% | base | after close | after close | after close | after close |
| VLO | +6.57% | -2.89% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings EnergyNow
Source: EnergyNow
The price since 31 Oct 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Chevron (CVX) | three days earlier | -2.69% | final price |
| Chevron (CVX) | five days earlier | -1.54% | final price |
| IMO | three days earlier | -5.42% | final price |
| IMO | five days earlier | -2.77% | final price |
| United States Oil Fund (USO) | three days earlier | -1.29% | final price |
| United States Oil Fund (USO) | five days earlier | -1.54% | final price |
| Valero Energy (VLO) | three days earlier | -2.89% | final price |
| Valero Energy (VLO) | five days earlier | +6.57% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.20% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -0.51% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -2.77% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -1.45% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 17 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 61 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 17 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 38 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 59 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
United States Oil Fund (USO) on one side of this energy story
Companies tied to this story
- USO United States Oil Fund
For “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
For “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- CRAK Vaneck Etf Trust
In “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings,” Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story
- BWET Amplify Commodity Trust
In “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story
- EWC Ishares Msci Canada Etf
Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“alberta”)
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
For “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- VLO Valero Energy
Valero Energy (VLO) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings.” Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story
How energy news reaches United States Oil Fund (USO)
The 31 Oct 2026 story “Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings” names United States Oil Fund (USO) because of Energy.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
What this energy story puts on the calendar
USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 168.83. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.
How solid the energy case looks
46 out of 100
“Imperial Oil Eyes Earlier Development of Major Alberta Oil Sands Project - Posts Record $2.45 Billion Quarterly Profit as Strong Refining Margins Boost Earnings” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.