FY2025 EPS Estimates for Gibson Energy Decreased by Analyst

Gibson Energy Inc. (TSE:GEI - Free Report) - Analysts at Atb Cap Markets cut their FY2025 earnings per share estimates for Gibson Energy in a note issued to investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings of $1.28 per share for the year, down from their previous estimate of $1.29.

A number of other research analysts also recently issued reports on the company. CIBC dropped their price objective on Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Raymond James cut their price objective on Gibson Energy from C$30.50 to C$29.50 and set a "strong-buy" rating on the stock in a research report on Thursday, February 20th. National Bankshares cut Gibson Energy from an "outperform" rating to a "sector perform" rating and dropped their price target for the company from C$29.00 to C$24.00 in a research report on Wednesday, February 19th. National Bank Financial cut Gibson Energy from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Finally, Jefferies Financial Group reduced their price target on shares of Gibson Energy from C$26.00 to C$23.00 and set a "hold" rating for the company in a research report on Thursday, February 20th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Gibson Energy has an average rating of "Moderate Buy" and a consensus target price of C$25.77.

Gibson Energy Price Performance

GEI traded down C$0.26 during trading on Friday, hitting C$21.65. 180,461 shares of the stock traded hands, compared to its average volume of 848,690. The business has a 50 day moving average price of C$21.60 and a 200 day moving average price of C$23.25. The company has a market cap of C$3.53 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.85 and a beta of 1.25. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87. Gibson Energy has a twelve month low of C$19.63 and a twelve month high of C$26.10.

Insider Transactions at Gibson Energy

In related news, Director Curtis Philippon bought 25,000 shares of the stock in a transaction dated Friday, February 21st. The shares were purchased at an average price of C$21.20 per share, for a total transaction of C$530,000.00. Also, Senior Officer Riley Hicks bought 8,900 shares of the stock in a transaction dated Friday, February 21st. The stock was bought at an average price of C$21.10 per share, for a total transaction of C$187,790.00. Corporate insiders own 0.85% of the company's stock.

Gibson Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 17th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 7.94%. This is a boost from Gibson Energy's previous quarterly dividend of $0.41. The ex-dividend date was Monday, March 31st. Gibson Energy's dividend payout ratio is currently 126.47%.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.