09:37:25 EDT Tue 06 Oct 2026
Enter Symbol
or Name
USA
CA



Imperial Oil Ltd
Symbol IMO
Shares Issued 481,577,721
Close 2026-10-05 C$ 176.25
Market Cap C$ 84,878,073,326
Recent Sedar+ Documents

Globe says CNRL, rivals eyeing mid-sized companies

2026-10-06 08:07 ET - In the News

See In the News (C-CNQ) Canadian Natural Resources Ltd

The Globe and Mail reports in its Tuesday, Oct. 6, edition that o n Monday, shortly after news that Cenovus Energy was buying Athabasca Oil acquisition broke, Scotia Capital analysts Chris MacCulloch and Kevin Fisk published a report highlighting promising oil and gas plays that are likely to be the next takeover targets in a consolidating sector. The Globe's Andrew Willis writes that the Scotiabank analysts say Athabasca shareholders are getting full value for their shares. They say a "competing offer is unlikely to emerge." The analysts note that with Athabasca gone, promising small to mid-sized oil companies are still available to domestic investors. The analysts highlight Strathcona Resources, Tamarack Valley Energy, International Petroleum and Baytex Energy "as solid options for investors looking for high-growth oil-weighted names." Cenovus and peers such as Canadian Natural Resources, Imperial Oil, Suncor Energy and Shell -- which recently spent $16.4-billion (U.S.) on natural gas producer ARC Resources -- can be counted on to boost their reserves by continuing to snap up mid-sized companies. Senior oil companies also have the cash to fund acquisitions.

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