With a history dating back to 1880, Imperial Oil Ltd. develops and produces crude oil, synthetic oil, bitumen and natural gas in addition to transporting crude oil and maintaining a distribution system. Operating within Canada, the company is headquartered in Calgary and is the country’s largest refiner of petroleum products. The firm operates through three segments: Upstream, Downstream and Chemical.
The firm is primarily engaged in exploring for, producing, refining and marketing oil and gas, in addition to making and selling petroleum products. The firm’s activities include the refining of raw hydrocarbons into approximately 650 petroleum products essential to consumers and businesses, including gasoline, diesel, heating oil, natural gas, lubricants and the chemicals needed to manufacture plastics.
The firm’s facilities include upstream operations in Alberta and the Northwest Territories, refining facilities in Alberta and Ontario, 21 terminals across Canada and more than 2,000 Esso and Mobil stations. The firm is also involved in the Cold Lake oil sands operation, which Imperial owns a majority interest in. The site is located in northeastern Alberta and covers approximately 780 square kilometres. Imperial Oil is publicly listed on the NYSE, where it trades under the IMO stock ticker.
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