Gibson Energy Inc. (TSE:GEI - Free Report) - Investment analysts at Atb Cap Markets upped their Q4 2024 earnings estimates for Gibson Energy in a report released on Tuesday, April 30th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $0.43 per share for the quarter, up from their prior forecast of $0.41. The consensus estimate for Gibson Energy's current full-year earnings is $1.59 per share. Atb Cap Markets also issued estimates for Gibson Energy's Q1 2025 earnings at $0.44 EPS, Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.45 EPS, Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $1.80 EPS and FY2026 earnings at $1.80 EPS.
Gibson Energy (TSE:GEI - Get Free Report) last released its quarterly earnings data on Tuesday, February 20th. The company reported C$0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.40 by C($0.08). Gibson Energy had a return on equity of 28.84% and a net margin of 1.95%. The business had revenue of C$2.81 billion for the quarter, compared to analysts' expectations of C$3.33 billion.
Several other equities analysts have also commented on GEI. Stifel Nicolaus lowered their price target on shares of Gibson Energy from C$26.00 to C$25.00 and set a "buy" rating for the company in a research report on Wednesday. CIBC upped their price target on shares of Gibson Energy from C$26.00 to C$27.00 and gave the stock an "outperform" rating in a research report on Monday, January 8th. BMO Capital Markets upped their price target on shares of Gibson Energy from C$22.50 to C$25.00 and gave the stock a "market perform" rating in a research report on Tuesday. Jefferies Financial Group set a C$25.00 price target on shares of Gibson Energy and gave the stock a "buy" rating in a research report on Tuesday, February 27th. Finally, JPMorgan Chase & Co. increased their target price on shares of Gibson Energy from C$25.00 to C$26.00 in a research report on Monday, April 15th. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$25.63.
View Our Latest Report on Gibson Energy
Gibson Energy Stock Performance
Shares of TSE:GEI traded up C$0.05 on Thursday, reaching C$22.16. 505,170 shares of the company's stock were exchanged, compared to its average volume of 553,400. The business's 50-day moving average is C$22.74 and its two-hundred day moving average is C$21.44. The firm has a market capitalization of C$3.58 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 1.85 and a beta of 1.29. The company has a quick ratio of 0.87, a current ratio of 1.12 and a debt-to-equity ratio of 303.96. Gibson Energy has a fifty-two week low of C$18.45 and a fifty-two week high of C$23.40.
Gibson Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 17th. Shareholders of record on Friday, June 28th will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date is Thursday, June 27th. Gibson Energy's payout ratio is 116.31%.
Insider Buying and Selling at Gibson Energy
In other Gibson Energy news, Director Khalid Muslih purchased 7,000 shares of the business's stock in a transaction on Tuesday, March 5th. The stock was bought at an average cost of C$16.63 per share, with a total value of C$116,410.00. In other news, Director Khalid Muslih acquired 7,000 shares of Gibson Energy stock in a transaction on Tuesday, March 5th. The stock was bought at an average cost of C$16.63 per share, with a total value of C$116,410.00. Also, Senior Officer Sean Brown sold 35,000 shares of the company's stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of C$19.97, for a total transaction of C$698,950.00. 0.81% of the stock is owned by corporate insiders.
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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