GEI.TO - Gibson Energy Inc.

Toronto - Toronto Delayed Price. Currency in CAD
26.30
-0.11 (-0.42%)
At close: 4:00PM EST
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Previous Close26.41
Open26.47
Bid26.28 x N/A
Ask26.29 x N/A
Day's Range26.13 - 26.73
52 Week Range16.90 - 27.11
Volume1943272
Avg. Volume491,746
Market Cap3.8B
Beta (5Y Monthly)1.27
PE Ratio (TTM)23.59
EPS (TTM)1.12
Earnings DateMar 2, 2020 - Mar 6, 2020
Forward Dividend & Yield1.32 (5.00%)
Ex-Dividend Date2019-12-30
1y Target Est28.03
  • GlobeNewswire

    Gibson Energy Announces 2020 Capital Budget

    Gibson Energy Inc. (“Gibson” or the “Company”) (GEI.TO), announced today that its Board of Directors has approved a 2020 growth capital expenditure budget of approximately $300 million, comprised predominantly of sanctioned growth projects. Additionally, the Board of Directors has approved the allocation of approximately $25 million in replacement capital expenditures. “Gibson’s ability to continue growing our long-term infrastructure businesses, ensuring we meet or exceed our distributable cash flow per share growth targets despite the egress challenges facing western Canada, speaks to the strength of our asset base and our transition into a commercial, execution-focused organization,” said Steve Spaulding, President and Chief Executive Officer.

  • Benzinga

    FreightWaves Oil Report: Trying To Get More Canadian Crude On To The Rails

    The project announced this week that will supply more Canadian crude out into the market by rail involves an energy logistics company (US Development) (NYSE: USDP), a Canadian oil infrastructure company (Gibson Energy) (TSX:GEI.TO), a major oil company (ConocoPhillips) and two railroads (Canadian Pacific (NYSE: CP) and Kansas City Southern (NYSE: KSU)). Here's how it will work, according to an announcement by Gibson and USD. One of the limitations to how much Canadian crude by rail that can be sent into the U.S. is that the usually heavy crude after coming out of the ground needs to be blended with a diluent, a category of products that includes all sorts of light petroleum grades.

  • Reuters

    Thicker Canadian crude to move on rail amid full pipelines

    Some of Canada's sludge-like heavy oil will move in an even thicker form on railways in an effort to avoid pipeline bottlenecks and reduce risks. Gibson Energy Inc and US Development Group (USD) said on Tuesday they would build a diluent recovery unit at Hardisty, Alberta in a joint venture.

  • GlobeNewswire

    Gibson Energy and USD Announce Joint Venture to Construct DRU at Hardisty Utilizing Innovative DRUbit™ Technology and Agreement with ConocoPhillips for 50,000 bbl/d of Capacity

    US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (GEI.TO) jointly announced today an agreement to construct and operate a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. ConocoPhillips Canada has contracted to process 50,000 barrels per day of inlet bitumen blend through the DRU to be shipped by Canadian Pacific (CP) (CP.TO) (CP.TO) and Kansas City Southern Railway Company (KCS) (KSU) to the U.S. Gulf Coast.

  • Is Gibson Energy Inc. (TSE:GEI) Excessively Paying Its CEO?
    Simply Wall St.

    Is Gibson Energy Inc. (TSE:GEI) Excessively Paying Its CEO?

    Steve Spaulding became the CEO of Gibson Energy Inc. (TSE:GEI) in 2017. This report will, first, examine the CEO...

  • Thomson Reuters StreetEvents

    Edited Transcript of GEI.TO earnings conference call or presentation 5-Nov-19 2:00pm GMT

    Q3 2019 Gibson Energy Inc Earnings Call

  • Is Gibson Energy Inc.'s (TSE:GEI) ROE Of 24% Impressive?
    Simply Wall St.

    Is Gibson Energy Inc.'s (TSE:GEI) ROE Of 24% Impressive?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • GlobeNewswire

    Gibson Energy Declares Dividend

    CALGARY, Alberta , Nov. 04, 2019 -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of.

  • GlobeNewswire

    Gibson Energy Announces 2019 Third Quarter Results

    CALGARY, Alberta, Nov. 04, 2019 -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today its financial and operating results for the three and nine months.

  • Introducing Gibson Energy (TSE:GEI), The Stock That Dropped 31% In The Last Five Years
    Simply Wall St.

    Introducing Gibson Energy (TSE:GEI), The Stock That Dropped 31% In The Last Five Years

    In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

  • GlobeNewswire

    Gibson Energy Confirms 2019 Third Quarter Earnings Release Date and Provides Conference Call & Webcast Details

    CALGARY, Alberta, Oct. 07, 2019 -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today it expects to release its 2019 third quarter financial and.

  • Why You Should Leave Gibson Energy Inc. (TSE:GEI)'s Upcoming Dividend On The Shelf
    Simply Wall St.

    Why You Should Leave Gibson Energy Inc. (TSE:GEI)'s Upcoming Dividend On The Shelf

    Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

  • Moody's

    Gibson Energy Inc. -- Moody's assigns a Ba2 to Gibson Energy's new notes

    Moody's Investors Service (Moody's) assigned a Ba2 rating to Gibson Energy Inc.'s (Gibson) C$500 million senior unsecured notes due 2029. All of Gibson's other ratings remain unchanged, including the Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating, Ba2 senior unsecured notes rating and the SGL-3 Speculative Grade Liquidity Rating.

  • GlobeNewswire

    Gibson Energy Announces Closing of $500 Million Medium Term Note Offering and Redemption of $300 Million Senior Unsecured Notes Due 2022

    Gibson intends to use the net proceeds from the sale of the Notes for the redemption of its outstanding $300 million 5.375% senior unsecured notes due July 15, 2022 (the “2022 Notes”), to reduce outstanding indebtedness under its revolving credit facility and for general corporate purposes. The Notes have been assigned ratings of “BBB–” by S&P Global Ratings and “BBB (low)” with a “Stable” trend by DBRS Limited.

  • Moody's

    Gibson Energy Inc. -- Moody's announces completion of a periodic review of ratings of Gibson Energy Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Gibson Energy Inc. Toronto, September 16, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Gibson Energy Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • GlobeNewswire

    Gibson Energy Announces $500 Million Medium Term Note Offering

    The offering of the Notes is expected to close on or about September 17, 2019, subject to customary closing conditions.  Gibson intends to use the net proceeds from the sale of the Notes for the redemption of its outstanding $300 million 5.375% senior unsecured notes due July 15, 2022, to reduce outstanding indebtedness under its revolving credit facility and for general corporate purposes. This news release does not constitute an offer to sell or the solicitation of an offer to buy the Notes in any jurisdiction in which such an offer, solicitation or sale would be unlawful.  The Notes have not been approved or disapproved by any regulatory authority.  The Notes have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any securities laws of any state of the United States and may not be offered, sold or delivered in the United States or to, or for the account or benefit of, United States persons.

  • Before You Buy Gibson Energy Inc. (TSE:GEI), Consider Its Volatility
    Simply Wall St.

    Before You Buy Gibson Energy Inc. (TSE:GEI), Consider Its Volatility

    If you own shares in Gibson Energy Inc. (TSE:GEI) then it's worth thinking about how it contributes to the volatility...

  • Thomson Reuters StreetEvents

    Edited Transcript of GEI.TO earnings conference call or presentation 7-Aug-19 1:00pm GMT

    Q2 2019 Gibson Energy Inc Earnings Call

  • How Does Gibson Energy Inc. (TSE:GEI) Fare As A Dividend Stock?
    Simply Wall St.

    How Does Gibson Energy Inc. (TSE:GEI) Fare As A Dividend Stock?

    Is Gibson Energy Inc. (TSE:GEI) a good dividend stock? How can we tell? Dividend paying companies with growing...

  • Is Gibson Energy (TSE:GEI) Using Too Much Debt?
    Simply Wall St.

    Is Gibson Energy (TSE:GEI) Using Too Much Debt?

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • GlobeNewswire

    Gibson Energy Announces the Assignment of Investment Grade Credit Rating By S&P

    CALGARY, Alberta, July 24, 2019 -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced that S&P Global Ratings (“S&P”) has raised its long-term issuer.

  • GlobeNewswire

    Gibson Energy Confirms 2019 Second Quarter Earnings Release Date and Provides Conference Call & Webcast Details

    CALGARY, Alberta, July 09, 2019 -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it expects to release its 2019 second quarter financial and.

  • Gibson Energy Inc. (TSE:GEI) Is Employing Capital Very Effectively
    Simply Wall St.

    Gibson Energy Inc. (TSE:GEI) Is Employing Capital Very Effectively

    Today we'll evaluate Gibson Energy Inc. (TSE:GEI) to determine whether it could have potential as an investment idea...

  • GlobeNewswire

    Gibson Energy Announces Closing of Sale of Canadian Truck Transportation

    Gibson Energy Inc. (“Gibson” or the “Company”), (GEI.TO), announced today it has closed the sale of its Canadian Truck Transportation businesses to Trimac Transportation (“Trimac”) for gross proceeds of approximately $70 million prior to customary closing adjustments, with the potential for additional proceeds depending on the performance of the business over the next several years. As part of the sale of its Canadian Truck Transportation businesses, Gibson has also entered into an agreement with an entity affiliated with Trimac for the sale of a field office and shop facilities situated on 31 acres of land in Edmonton, Alberta for $30 million.  Gibson expects this portion of the sale will close by the end of the first quarter of 2020, subject to the satisfaction of certain conditions, with Trimac utilizing the properties under a lease arrangement in the interim.

  • Are Investors Undervaluing Gibson Energy Inc. (TSE:GEI) By 27%?
    Simply Wall St.

    Are Investors Undervaluing Gibson Energy Inc. (TSE:GEI) By 27%?

    How far off is Gibson Energy Inc. (TSE:GEI) from its intrinsic value? Using the most recent financial data, we'll take...