If you think gas prices are high, you can at least shed a tear for poor, downtrodden Imperial Oil:
Imperial Oil posts record annual profit of $2.6B, plans 3-for-1 stock split
Imperial Oil Ltd. reported record annual earnings of $2.6 billion Thursday as the largest energy producer in Canada also announced plans for a three-for-one stock split.
Calgary-based Imperial said record oil and natural gas prices during the year in tandem with stronger refining margins helped the company post the strongest profits in its 126-year history, surpassing the 2004 record of nearly $2.1 billion.
They feel your pain. Yes, they do.
1 comment:
Yes. Boo fucking hoo for the oil pigs.
Post a Comment