Scotiabank Decreases Earnings Estimates for Gibson Energy

Key Points

• Scotiabank lowered its FY2026 EPS estimate for Gibson Energy to $1.38 from $1.42 in a research note dated May 1.
• Gibson pays a quarterly dividend of C$0.45 (annualized C$1.80, 6.0% yield), but the payout ratio is 143.33% and the company has a very high debt-to-equity (346.20), highlighting potential sustainability and leverage risks.
• Analyst views are mixed: MarketBeat shows a consensus "Moderate Buy" with an average target of C$27.50, while TD Securities raised its target to C$29 and rated the stock a "hold"; shares trade around C$29.90.

Gibson Energy Inc. (TSE:GEI - Free Report) - Stock analysts at Scotiabank lowered their FY2026 earnings estimates for Gibson Energy in a research report issued on Friday, May 1st. Scotiabank analyst R. Hope now forecasts that the company will post earnings per share of $1.38 for the year, down from their previous forecast of $1.42.

Gibson Energy (TSE:GEI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The company reported C$0.25 EPS for the quarter. Gibson Energy had a net margin of 1.85% and a return on equity of 22.62%. The business had revenue of C$2.31 billion during the quarter.

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

Gibson Energy Trading Up 0.5%

TSE GEI opened at C$29.90 on Monday. The firm has a 50 day simple moving average of C$29.15 and a 200-day simple moving average of C$26.72. The company has a debt-to-equity ratio of 346.20, a quick ratio of 0.87 and a current ratio of 1.05. The firm has a market cap of C$5.16 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 1.85 and a beta of 0.20. Gibson Energy has a one year low of C$21.38 and a one year high of C$30.50.

Gibson Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Friday, April 17th were issued a dividend of $0.45 per share. The ex-dividend date was Monday, March 30th. This represents a $1.80 dividend on an annualized basis and a yield of 6.0%. Gibson Energy's dividend payout ratio (DPR) is 143.33%.

Gibson Energy Company Profile

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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