Gibson Energy Inc. (TSE:GEI) Receives Average Rating of "Moderate Buy" from Analysts

Gibson Energy Inc. (TSE:GEI - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the twelve ratings firms that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$25.85.

A number of research analysts have weighed in on the stock. ATB Capital cut their price objective on shares of Gibson Energy from C$28.00 to C$26.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. CIBC decreased their price objective on shares of Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. National Bank Financial lowered shares of Gibson Energy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 19th. Scotiabank decreased their price objective on shares of Gibson Energy from C$27.00 to C$26.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Finally, Royal Bank of Canada decreased their price objective on Gibson Energy from C$28.00 to C$26.00 and set an "outperform" rating for the company in a report on Thursday, February 20th.

Gibson Energy Price Performance

GEI stock traded up C$0.06 during midday trading on Tuesday, hitting C$22.52. The company's stock had a trading volume of 340,825 shares, compared to its average volume of 789,647. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33. The firm has a market capitalization of C$3.67 billion, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The company has a 50 day moving average of C$21.89 and a two-hundred day moving average of C$23.10. Gibson Energy has a 12 month low of C$19.63 and a 12 month high of C$26.10.

Gibson Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 7.64%. Gibson Energy's dividend payout ratio (DPR) is presently 126.47%.

Insiders Place Their Bets

In related news, Director Curtis Philippon bought 15,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of C$22.26 per share, with a total value of C$333,900.00. 0.85% of the stock is currently owned by company insiders.

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.