Gibson Energy Inc. Forecasted to Post Q4 2024 Earnings of $0.43 Per Share (TSE:GEI)

Gibson Energy Inc. (TSE:GEI) – Investment analysts at Atb Cap Markets upped their Q4 2024 earnings per share estimates for shares of Gibson Energy in a research report issued 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 estimate 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) last posted its quarterly earnings results on Tuesday, February 20th. The company reported C$0.32 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of C$3.33 billion.

A number of other research analysts have also recently commented on GEI. JPMorgan Chase & Co. boosted their price target on Gibson Energy from C$25.00 to C$26.00 in a report on Monday, April 15th. National Bankshares lifted their price objective on Gibson Energy from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 30th. CIBC lifted their price objective on Gibson Energy from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Monday, January 8th. BMO Capital Markets lifted their price objective on Gibson Energy from C$22.50 to C$25.00 and gave the stock a “market perform” rating in a research note on Tuesday. Finally, Stifel Nicolaus reduced their price objective on Gibson Energy from C$26.00 to C$25.00 and set a “buy” rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$25.63.

Gibson Energy Stock Down 0.0 %

TSE GEI opened at C$22.15 on Thursday. The stock’s 50 day moving average is C$22.75 and its 200 day moving average is C$21.45. The company has a current ratio of 1.12, a quick ratio of 0.87 and a debt-to-equity ratio of 303.96. Gibson Energy has a 12 month low of C$18.45 and a 12 month high of C$23.40. The stock has a market cap of C$3.58 billion, a PE ratio of 15.71, a P/E/G ratio of 1.85 and a beta of 1.29.

Insider Activity

In other Gibson Energy news, Director Steven R. Spaulding sold 55,823 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of C$22.72, for a total value of C$1,268,298.56. In other Gibson Energy news, Director Steven R. Spaulding sold 55,823 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of C$22.72, for a total value of C$1,268,298.56. Also, Director Khalid Muslih acquired 7,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was acquired at an average cost of C$16.63 per share, for a total transaction of C$116,410.00. Corporate insiders own 0.81% of the company’s stock.

Gibson Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Friday, June 28th will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 7.40%. The ex-dividend date is Thursday, June 27th. Gibson Energy’s dividend payout ratio is currently 116.31%.

Gibson Energy Company Profile

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.