FY2025 EPS Estimates for Gibson Energy Boosted by Analyst

Gibson Energy Inc. (TSE:GEI - Free Report) - Equities research analysts at National Bank Financial boosted their FY2025 EPS estimates for shares of Gibson Energy in a research report issued to clients and investors on Wednesday, December 4th. National Bank Financial analyst P. Kenny now expects that the company will post earnings of $1.75 per share for the year, up from their prior estimate of $1.64.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. cut their price objective on shares of Gibson Energy from C$27.00 to C$26.00 in a research report on Wednesday, October 2nd. Scotiabank lifted their price objective on Gibson Energy from C$25.00 to C$26.00 in a research note on Thursday. Raymond James increased their price target on shares of Gibson Energy from C$28.50 to C$30.00 in a report on Thursday. BMO Capital Markets raised Gibson Energy from a "market perform" rating to an "outperform" rating and raised their price objective for the company from C$25.50 to C$28.00 in a report on Thursday. Finally, CIBC boosted their price target on shares of Gibson Energy from C$27.00 to C$29.00 in a research note on Thursday. Nine investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of C$26.70.

Gibson Energy Stock Performance

Shares of Gibson Energy stock traded down C$0.48 during trading hours on Monday, reaching C$25.11. The company had a trading volume of 249,699 shares, compared to its average volume of 583,758. The company has a debt-to-equity ratio of 292.01, a current ratio of 1.18 and a quick ratio of 0.87. Gibson Energy has a one year low of C$19.42 and a one year high of C$26.10. The firm has a market cap of C$4.09 billion, a PE ratio of 24.14, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The business has a fifty day simple moving average of C$23.27 and a 200 day simple moving average of C$22.73.

Gibson Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date is Tuesday, December 31st. Gibson Energy's payout ratio is currently 154.72%.

Insiders Place Their Bets

In related news, Director Curtis Philippon purchased 40,000 shares of Gibson Energy stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of C$25.46 per share, for a total transaction of C$1,018,400.00. Company insiders own 0.85% of the company's stock.

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.