IMO.TO stock: My weekend research on August 1, 2020

IMO 

Imperial Oil Ltd. (TSX:IMO). Down $1.06, or 4.82 per cent, to $20.95.  Imperial Oil Ltd. reported a net loss of $526 million on revenue of $3.7 billion in the three months ended June 30, down from a net profit of $1.2 billion on revenue of $9.26 billion in the year-earlier period. Imperial, which is 69.6 per cent owned by American giant Exxon Mobil Corp., blamed lower oil prices and refinery profit margins due to the COVID-19-related economic slump during the quarter.

My study notes:

net loss: $526 million - three months end June 30, compared to net profit 1.2 billion last year

69.6 percent owned by American giant Exxon Corp. 

Actionable Items

I do believe that it is right time to purchase IMO.TO stock. If I can hold and sell it when price goes up $23.00 dollars, so I can make profit another $1000 dollars. And I wait for another swing. 

Most of important is to read more about IMO business, and understand how business works. I should guess what is next related to oil demand, economy reopen etc. 

Follow up 

Oct. 20, 2023

4 Oil Stocks to Watch After The Oil Collapse

Here is the link.

I like to analyze how much it has room to go up for IMO.TO, and my holding went up 12%.

I just got more than 60% up from IMO.TO.

I like to share this comparison with my Chinese friends. IMO.TO is best one based on the analysis shown in the video by checking gross margin and operating margin.


April 29, 2020 10:02 PM
Take mass hit - strong balance sheet, they can stand when the oil price is low. Once the demand is coming back, the price will come back.

There is no interest to sell the price around $20.00 dollars.

Current Ratio

6:20/ 19:11
Current Ratio = Current asset/ current liability
Living on asset, 16,913 billion asset, 7.043 billion liability - COP (US)

XOM - have to sell asset and pay the liability

0.78 < 1 more risky - XOM
1.38 > 1 less risky - IMO

Operation margin

Average operation margin - 15, so IMO with 6% is very good.

Valuation
5 Year Avg P/E
Current P/E
Discount From Average
Book Value

Book Value = Total assets - total liabilities
         Sell everything what can be paid

Free cash Flow -

Low
% Fall

Revenue
Cost of Revenue
Gross Profit
Total Current Assets
Current liabilities total
Current Ratio
Stock Holder Equity
T. Assets Vs. T. Liabilities
Gross Margin
Operating Margin

Valuation
5 Year Avg P/E

Summary 

I like to borrow content from comments.

Stocks looked at: 1. Exxon Mobil Corp NYSE: XOM 2. ConocoPhillips NYSE: COP 3. Imperial Oil Ltd TSE: IMO 4. Royal Dutch Shell Plc AMS: RDSA best value = Imperial safest = Conoco riskies = Exxon best dividend = Shell

Actionable Items

I need to figure out if IMO.TO has potential to go up 60% before Coronavirus sets down. If so, I should invest more on this stock.