11:42 AM EST - Imperial Oil : announced fourth-quarter production and financial results. Earnings in the fourth quarter were $1,056 million, compared to $1,076 million for the same period in 2012. Fourth-quarter Downstream earnings were $625 million, the highest Downstream quarter in company history. Fourth-quarter gross production averaged 329,000 oil-equivalent barrels per day, up from 285,000 barrels in 2012, mainly due to production from the Kearl project start-up and Celtic acquisition. Imperial Oil
shares T.IMO are trading down $0.43 at $45.36.
