Atb Cap Markets Predicts Stronger Earnings for Gibson Energy

Gibson Energy Inc. (TSE:GEI) – Stock analysts at Atb Cap Markets increased their Q1 2025 earnings per share (EPS) estimates for Gibson Energy in a note issued to investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $0.25 per share for the quarter, up from their prior forecast of $0.24.

Several other brokerages have also issued reports on GEI. Royal Bank of Canada decreased their price target on 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. ATB Capital lowered their target price on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. National Bank Financial cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 19th. Raymond James lowered their price objective on shares of Gibson Energy from C$30.50 to C$29.50 and set a “strong-buy” rating for the company in a research report on Thursday, February 20th. Finally, Jefferies Financial Group cut their target price on shares of Gibson Energy from C$26.00 to C$23.00 and set a “hold” rating on the stock in a research report on Thursday, February 20th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Gibson Energy currently has an average rating of “Moderate Buy” and a consensus price target of C$25.77.

Gibson Energy Price Performance

Shares of TSE:GEI opened at C$21.86 on Monday. The firm has a 50 day moving average of C$21.58 and a 200-day moving average of C$23.25. Gibson Energy has a 12 month low of C$19.63 and a 12 month high of C$26.10. The company has a current ratio of 0.70, a quick ratio of 0.87 and a debt-to-equity ratio of 278.33. The stock has a market capitalization of C$3.57 billion, a PE ratio of 16.86, a PEG ratio of 1.85 and a beta of 1.25.

Insider Buying and Selling at Gibson Energy

In related news, Director Curtis Philippon acquired 25,000 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were purchased at an average price of C$21.20 per share, for a total transaction of C$530,000.00. Also, Senior Officer Riley Hicks bought 8,900 shares of Gibson Energy stock in a transaction dated Friday, February 21st. The stock was purchased at an average price of C$21.10 per share, with a total value of C$187,790.00. Insiders own 0.85% of the company’s stock.

Gibson Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Thursday, April 17th were given a $0.43 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.87%. This is an increase from Gibson Energy’s previous quarterly dividend of $0.41. Gibson Energy’s payout ratio is 126.47%.

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.