12:13 PM EST - Imperial Oil Limited : Reported full-year financial figures Friday morning. Estimated full-year 2019 net income was $2,200 million, including fourth quarter results of $271 million. 2019 results include a favourable impact, largely non-cash, of $662 million associated with the Alberta corporate income tax rate decrease enacted in June. Annual production of 398,000 gross oil-equivalent barrels per day, the highest in over 25 years. Kearl supplemental crushing capacity online as planned. Returned over $2 billion to shareholders in 2019 through share purchases and dividends. Imperial Oil Limited
shares T.IMO are trading down $0.43 at $31.71.
