Gibson Energy Inc. (TSE:GEI - Get Free Report) Senior Officer David Bruce Gosse purchased 2,205 shares of the firm's stock in a transaction on Monday, May 26th. The shares were acquired at an average cost of C$22.72 per share, for a total transaction of C$50,089.66.
Gibson Energy Stock Down 1.0%
Shares of TSE:GEI traded down C$0.24 during midday trading on Friday, reaching C$22.73. The company's stock had a trading volume of 739,718 shares, compared to its average volume of 766,172. Gibson Energy Inc. has a 12-month low of C$19.63 and a 12-month high of C$26.10. The firm has a 50 day moving average of C$21.93 and a 200-day moving average of C$23.10. The firm has a market capitalization of C$3.71 billion, a P/E ratio of 17.53, a PEG ratio of 1.85 and a beta of 1.25. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33.
Gibson Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 7.57%. Gibson Energy's dividend payout ratio (DPR) is presently 126.47%.
Wall Street Analysts Forecast Growth
GEI has been the topic of several research reports. Jefferies Financial Group decreased their price target on shares of Gibson Energy from C$26.00 to C$23.00 and set a "hold" rating on the stock in a research note on Thursday, February 20th. Royal Bank of Canada decreased their target price on shares of Gibson Energy from C$28.00 to C$26.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. CIBC decreased their target price on shares of 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. National Bankshares downgraded shares of Gibson Energy from an "outperform" rating to a "sector perform" rating and decreased their target price for the stock from C$29.00 to C$24.00 in a research note on Wednesday, February 19th. Finally, Raymond James decreased their target price on shares of Gibson Energy from C$30.50 to C$29.50 and set a "strong-buy" rating on the stock in a research note on Thursday, February 20th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$25.85.
Read Our Latest Research Report on GEI
About Gibson Energy
(
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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.
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