The Globe and Mail reports in its Wednesday, Nov. 6, edition that National Bank Financial analyst Travis Wood is keeping his "sector perform" call on Imperial Oil intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Wood hiked his share target by a loonie to $113. Analysts on average target the shares at $101.24. Mr. Wood says in a note: "Imperial Oil will release its 2025 guidance on Dec. 12, and we expect additional details on the potential upstream volume growth (given the continued outperformance at Kearl, we believe management is likely to provide growth targets supportive of the long-term target of 300 mbbl/d with a more detailed timeline most likely saved for their Investor Day next spring) and capital allocation cadence throughout the year. We currently forecast 448 mbbl/d and $1.8-billion of capital investment for next year. We have made changes to our forecast in connection with the quarter update, mainly to reflect management's commentary towards strong downstream momentum and slightly higher-than-anticipated capital expenditures in 2024 due to a shift in project development timing. ... As a result, our 2024 and 2025 cash flow forecasts are up by 4 per cent and down by 1 per cent."