FY2027 EPS Estimates for Gibson Energy Lowered by Scotiabank

Key Points

• Scotiabank cut its FY2027 EPS estimate for Gibson Energy to $1.61 (from $1.66) in a note to investors on May 6.
• Gibson reported quarterly EPS of C($0.01) on revenue of C$2.75 billion, with a net margin of 1.37% and return on equity of 16.60%.
• The stock opened at C$27.53 (down 3.1%) with a market cap of C$4.75 billion and a PE of 22.94; the company pays an annualized dividend of C$1.80 (~6.5% yield) but has a high payout ratio of 143%.

Gibson Energy Inc. (TSE:GEI - Free Report) - Equities researchers at Scotiabank decreased their FY2027 earnings per share (EPS) estimates for Gibson Energy in a note issued to investors on Wednesday, May 6th. Scotiabank analyst R. Hope now forecasts that the company will earn $1.61 per share for the year, down from their prior estimate of $1.66.

Gibson Energy (TSE:GEI - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The company reported C($0.01) EPS for the quarter. Gibson Energy had a net margin of 1.37% and a return on equity of 16.60%. The business had revenue of C$2.75 billion during the quarter.

Separately, TD Securities upped their price objective on Gibson Energy from C$26.00 to C$29.00 and gave the company a "hold" rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$27.50.

Gibson Energy Trading Down 3.1%

GEI opened at C$27.53 on Thursday. Gibson Energy has a one year low of C$21.80 and a one year high of C$30.50. The stock has a market capitalization of C$4.75 billion, a PE ratio of 22.94, a P/E/G ratio of 1.85 and a beta of 0.21. The business's 50 day moving average price is C$29.10 and its 200 day moving average price is C$26.77. The company has a debt-to-equity ratio of 281.88, a quick ratio of 0.87 and a current ratio of 1.17.

Gibson Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Friday, April 17th were given a $0.45 dividend. The ex-dividend date of this dividend was Monday, March 30th. This represents a $1.80 dividend on an annualized basis and a yield of 6.5%. Gibson Energy's payout ratio is presently 143.33%.

About Gibson Energy

Gibson is a leading liquids Infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. Headquartered in Calgary, Alberta, the Company's operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan. Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange.

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